Greater Toronto (MLS® HPI)
Market Data & Trends
Overview
Canadian Real Estate Association (MLS® HPI) published a composite benchmark price of $917,600 for Greater Toronto in September 2026, down 4.7% year over year and down 0.9% on the month.
Across the 36 months on record — October 2023 to September 2026 — the benchmark for Greater Toronto fell 13.0%, from $1,054,800 to $917,600.
The high over that window was $1,069,300 in March 2024; the benchmark now sits 14.2% below it.
Published benchmarks for Greater Toronto were $1,116,700 for detached homes in September 2026, $668,800 for townhouses in September 2026 and $527,200 for apartments in September 2026.
The segments have not moved together: detached homes lost 12.8%, townhouses lost 14.8% and apartments lost 17.5% over the window — a spread of 4.7 percentage points between detached homes and apartments.
These are figures published by Canadian Real Estate Association (MLS® HPI) for Greater Toronto. The comparisons above — the change over the window, the distance from the high and the spread between property types — are arithmetic compiled by this publication from 36 monthly releases, October 2023 through September 2026.
Source: Greater Toronto (MLS® HPI) via the CREA MLS® Home Price Index
Period: September 2026
Market statistics are provided for informational purposes only and may not reflect all real estate activity in the market. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA). Past performance does not guarantee future results. Consult a licensed real estate professional for specific advice.