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August 2026 saw softer market conditions across Toronto, Hamilton, Burlington, and Oakville, with all four markets recording year-over-year declines in both average prices and total sales. Toronto remained the most stable, experiencing only modest decreases, while Burlington and Hamilton saw more noticeable declines in activity.
Condos and townhouses were among the weakest segments across most markets, while detached homes showed greater price stability, particularly in Burlington and Toronto. Semi-detached sales increased across all four markets despite mixed pricing. Overall, buyers remain cautious and price-conscious, creating a more selective market as the summer season comes to an end.
