Toronto
market report.
The Toronto housing market in May 2026 — pricing, momentum, inventory, and the agents driving the city's strongest outcomes. Updated monthly from verified MLS data.
Toronto, in one paragraph.
Toronto's median sale price rose to $1,092,000 in May 2026, a +3.4% change year-over-year. The appreciation pattern places Toronto in line with the broader Canadian market, though specific neighbourhoods within the city continue to outperform — and underperform — the headline number by meaningful margins.
The average property in Toronto now sits on market for 18 days before going firm, with approximately 4,883 transactions closing each month across the city's 58,200 active real estate professionals.
Within these aggregate numbers, the gap between top-performing agents and the median is wider than at any point in the last decade. Top-decile agents in Toronto are consistently selling listings 4–7% above benchmark — a gap that compounds over thousands of transactions.
The Toronto market in five metrics.
Median sale price
$1,092,000
+3.4% year-over-year
Avg days on market
18 days
From list to firm sale
Active agents
58,200
Avg ~1 transactions per agent / year
Monthly transactions
4,883
~58,600 per year
Population
2,930,000
Census metropolitan area
Neighbourhoods covered
10
With individual rankings
The Toronto agents driving outcomes
Ranked by verified MLS transaction data, list-to-sale ratio, and consistency
- 01Rank
Sarah Mitchell
Sotheby's International Realty Canada
Luxury condominiums & downtown Toronto specialist
47Sold$138.5MVolume11dAvg DOM - 02Rank
James Chen
Royal LePage Signature Realty
East-end family homes & first-time buyer specialist
62Sold$89.2MVolume9dAvg DOM - 03Rank
Elena Rossi
Chestnut Park Real Estate Limited
North Toronto family homes & heritage properties
38Sold$112.4MVolume14dAvg DOM - 04Rank
Noah Tremblay
Bosley Real Estate Ltd.
West-end lofts & investment properties
54Sold$71.8MVolume10dAvg DOM
Headline numbers
hide a lot.
The "median price" tells you almost nothing about the neighbourhood you're actually looking at. Toronto has 10 indexed neighbourhoods, each with its own price band, days-on-market, and ranked specialist agents.
Toronto,
at a glance.
- What is the current median home price in Toronto?
- As of May 2026, the median sale price in Toronto is $1,092,000, a +3.4% change year-over-year. Average days on market across the city is 18 days.
- Is the Toronto real estate market hot or cool right now?
- Toronto is currently in a moderately appreciating market. Year-over-year price change of +3.4% indicates demand is outpacing supply, but the magnitude remains well below the highs of 2021–2022.
- How many real estate transactions happen in Toronto per year?
- Toronto sees approximately 58,600 residential transactions per year — roughly 4,883 per month. The market is supported by 58,200 active real estate professionals.
- Who are the top real estate agents in Toronto?
- Based on verified transaction data, Sarah Mitchell of Sotheby's International Realty Canada is currently the top-ranked real estate agent in Toronto. See our complete Toronto rankings for the full top-performing list.
The right Toronto agent
moves the numbers.
Median price is a market average. Top agents in Toronto consistently outperform it. See who, and by how much.