03/09/2026
100,000 buyers are currently sitting on the sidelines in the GTA. 📉 Is the bottom finally here?
The February 2026 numbers are out, and the GTA housing market is in a massive standoff. Buyers are waiting for prices to level off, while sellers are pulling back—new listings are down a staggering 17.7% year-over-year.
Here is the February breakdown:
📍 Average Price: $1,008,968 (Down 7.1%)
📍 Total Sales: 3,868 (Down 6.3%)
📍 Benchmark Price: Down 7.9% YoY
TRREB reports that over 100k people are ready to buy but are waiting for “the signal.” History tells us that once the momentum shifts, that “bottom” disappears fast. If listings stay low as we enter the spring market, competition is going to heat up quickly.
Are you waiting for prices to drop further, or are you looking to buy before the 100k other people jump back in? 💬 Let’s discuss in the comments!
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