On this page, you can find VIP Condos Toronto's summary of the Toronto Regional Real Estate Board (TRREB)'s January 2026 real estate market watch, with info on prices & trends in the region's housing market. VIP's report will provide information such as an overall real estate market outlook, updates & news from January 2026 - as well as specific info on both condo and home prices in the GTA.  

Click here to view more graphs and statistics

Real Estate Market Watch: Residential Transactions

• 3,082 residential home transactions took place in January 2026, down from 3,820 in January 2025 - a decrease of 19.3%.
• When seasonal adjustments (the ways that the time of year affects market trends) are taken into account, there was a 9.9% decrease in the number of purchases from December 2025 (5,319) to January 2026 (4,795).

 

January 2026 Real Estate News: Average Selling Prices

• The average sale price for January 2026 was $973,289. This is a decrease of 6.5% from January 2025, when it was $1,041,171.
• With seasonal adjustments, the average price for homes in the Greater Toronto Area saw a 2.3% decrease from December 2025 to January 2026 (from $1,050,226 to $1,026,463).

 

Monthly Market Update: New Listings

• There were 10,774 listings available for January 2026, which is a 13.3% decrease from January 2025 (when there were 12,420).
• The sales-to-listings ratio has decreased by 2% from January 2025, from 31% to 29%.

 

Real Estate Market Watch for January 2026: Days On The Market

• The average property spent 67 days on the market, compared to 55 last year - an increase of 21.8%.
• Listings spent an average of 45 days on the market, which is a 21.6% increase from this month last year (when they spent 37).

 

Click Here To Read TRREB's January 2026 Real Estate Market Watch Report for Both Homes and Condos

  In order for you to use these monthly market updates to your advantage, our informative guide for buying pre-construction properties can be found under the Resources tab in the top right corner of this page. It will answer common questions such as:

• How do I get my down payment?
• Can I use my RRSP for my down payment?
• How can I make the profits from my pre-construction purchases tax-free?
• What type of home or mortgage can I afford?
• Which incentives are available for first-time buyers?
• What is a PDI?
• What are the pros & cons of buying or selling an assignment before closing?

We at VIP Condos are pleased to offer further information regarding outlooks & prices in the GTA's home & condo markets - both for January 2026 and beyond. Check out our full series of real estate market watch reports.

This guide is for general informational purposes and does not constitute legal, financial, or tax advice. Every situation is different — always consult a licensed real estate professional, lawyer, and tax advisor before making any decisions.

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Create your free, secure account at www.VIPCondosToronto.net for full MLS access, real-time sold data, and VIP pre-construction pricing and floor plans — the same tools our team uses every day.

For personalized advice on your specific Toronto buying or selling situation, contact Frank Merigliano and the VIP Condos Toronto team directly:

• Phone: 416-885-0172

• Email: frank@vipcondostoronto.net

• Web: www.VIPCondosToronto.net

Frank Merigliano, Team Leader / Sales Representative, VIP Condos Toronto, RE/MAX PREMIER INTERNATIONAL INC., Brokerage — licensed since 1993, with RE/MAX since 1995, and a Top 50 RE/MAX team in Canada since 2015.