GTA Homebuyers Enjoy More Choices with Longer Listings

Homes in the Greater Toronto Area now take three to four times longer to sell than during the 2022 market peak, with condos hardest hit, averaging 36 days on market in Q2 2026 compared to under two weeks in 2022. Semi-detached, detached, and townhouse sales times have also increased. Elevated inventory and reduced buyer demand have shifted market conditions, requiring longer sales timelines as the new norm.