January 2026 Market Report
January 2026 Newsletter
Thurston Olsen Real Estate Group
Hey Friends!
Somehow, just like that, we’re stepping into January and welcoming a brand-new year. The holiday glow may be fading, but there’s something energizing about clean calendars, fresh goals, and that unmistakable “new year, new possibilities” feeling.
As we look ahead to 2026, we’re feeling incredibly optimistic. Last year reminded us how powerful community can be. From helping families start new chapters, to welcoming new neighbours, and reconnecting with so many of you at events, open houses, and everyday check-ins. Those moments are what make this work so meaningful, and we’re so grateful to head into another year with such an amazing community around us.
And of course, the Toronto market is already giving us plenty to watch. January brings reflection, strategy, and early opportunities for those thinking ahead. Whether you’re planning a move this year or simply keeping an eye on what’s next, staying informed and intentional will be key.
Here’s your January 2026 Market Update. Let’s kick off the year with clarity, confidence, and a little excitement for what’s ahead.
What Are Your 2026 Real Estate Goals?
A new year is the perfect time to reflect, reset, and look ahead. Whether you love setting goals or prefer to keep things flexible, if real estate is on your mind in 2026, we’re here to help.
Maybe your family is growing and you’re ready for more space.
Maybe the kids have flown the nest and it’s time to right-size.
Maybe you’re dreaming of owning your first home and building equity for your future.
Or maybe you’re curious about investing and creating long-term wealth through real estate.
Whatever stage you’re in, our goal is to make the process clear, strategic, and as stress-free as possible.
Even if your plans are a few years out, we’re always happy to start with a casual, no-obligation conversation so you’re set up for success when the time is right.
Let’s make 2026 a year of smart moves and exciting possibilities.
What We Are Seeing From the Field
Real estate in December tends to take a slower approach. Buyers and Sellers often put their real estate needs on hold, so that they can focus their time with family and friends, while recharging after a busy year.
The TO Group always takes time to reflect on all of the successes and challenges from the year prior. This allows us to improve our services and come back stronger in the new year to support our awesome clients (old and new!).
2025 was an interesting market. Expectations were optimistic out of the gate, however some economic uncertainties created a bit of a roller coaster effect as we moved through the year.
For the month of December, Toronto home sales actually increased compared to December 2024, which was nice to see. However, with more listings on the market, buyers had greater negotiating power, leading to lower selling prices and improved affordability. For the month, new listings increased by 9.4% and the average selling price fell 4.6% to approximately $986K.
Lower prices and easing mortgage rates have helped set the stage for a potential market recovery. As confidence in the economy and job market improves, pent-up demand is expected to drive increased activity in the months ahead.
Check out the December year-over-year stats below for more information on the current market.
If you would like statistics specific to your neighbourhood, an updated Comparative Market Analysis for your home, or help deciphering what the numbers could mean for you, please let us know and we would be happy to provide that for you.
We’re Here To Help!
As we head into 2026, here’s one thing we want you to know:
Our work is rooted in service. If someone you know could benefit from clear, honest real estate guidance, please keep us in mind and pass along our info. Friends, family, neighbours, colleagues, etc. We’re always here to help them navigate the market with confidence (and while having a little bit of fun along the way).
And if you’re thinking of making a move in 2026, now’s the perfect time to chat through a plan. A little prep as the new year begins can set you up beautifully for the market.
Wishing you health, happiness, and success in 2026!
Chris and Ford
December 2025 Market Report
December 2025 Newsletter
Thurston Olsen Real Estate Group
Hey Friends!
Somehow we’ve already made it to December! The month when the city glows, our calendars get chaotic, and the group chats fill with ‘when are we getting together?!’
Looking back on 2025, we can’t help but feel incredibly grateful. This year was full of amazing moments: helping families make big moves, welcoming new neighbours to our beautiful city, and connecting with so many of you at our community events. Whether you joined us for pumpkin pie, ice cream in the park, the food drives, or even just a quick chat at an open house… thank you for making our year what it was.
And of course: the Toronto market kept us on our toes in classic Toronto fashion. But through every twist and turn, opportunities continued to pop up, and buyers and sellers who stayed curious, informed, and strategic really thrived.
Here’s your December 2025 Market Update. Let’s wrap up this year strong and step into the next one ready for big things.
December Planning = 2026 Success!
Right now is actually the sweet spot to start talking about a 2026 move.
The market is shifting, inventory is changing, and the folks who plan early almost always end up in the strongest position.
Whether that’s locking in the right neighbourhood, prepping a home for maximum value, or timing a sale so it feels smooth instead of stressful. Think of it like getting a head start on the Gardiner before everyone else piles on – way less traffic, way better outcomes.
If 2026 is even somewhere on your radar, now’s the perfect time for us to sit down, map out a strategy, and make sure you’re walking into the market with confidence (and maybe even an advantage).
Let’s get ahead of the curve while everyone else is still snoozing on it.
What We Are Seeing From the Field
November’s numbers paint a familiar picture: sales, new listings, and average prices all came in lower than this time last year. Many buyers are still sitting tight, waiting for more stability in the job market and the broader economy.
But here’s the good news: November’s employment data was stronger than expected, and economists are feeling more optimistic heading into 2026. Confidence is the missing ingredient, and once that returns, more buyers will be ready to jump back in.
In November 2025, Toronto saw 1,912 sales (down 14.5% year-over-year) and 4,171 new listings (down 4%). Prices dipped as well, with the average selling price landing at $1,036,362, about 4.1% lower than last year.
For now, buyers benefit from a well-supplied market, but that won’t last forever. As inventory gets absorbed, we’ll need more new construction, especially missing-middle housing, to keep pace with demand.
Check out the November year-over-year stats below for more information on the current market.
If you would like statistics specific to your neighbourhood, an updated Comparative Market Analysis for your home, or help deciphering what the numbers could mean for you, please let us know and we would be happy to provide that for you
The Great Reset – Redefining Value in Canada’s Housing Market
For anyone who geeks out on market strategy like we do, Steve Tabrizi, our Remax Hallmark COO and resident forecasting wizard, just released his 2026 outlook.
Smart insights, clear explanations, and some analysis-backed predictions (spoiler alert! – he’s usually bang-on with his predictions!)
We’re Here To Help!
As we head into 2026, here’s one thing we want you to know:
The greatest gift you could give the TO Group is an introduction to someone in your world who could use a little real estate guidance. Friends, family, neighbours, colleagues, etc.
We’re always here to help them navigate the market with confidence (and while having a little bit of fun along the way).
Cheers and have a safe and happy holiday season!
Chris and Ford
January 2026 Market Report
January 2026 Newsletter
Thurston Olsen Real Estate Group
Hey Friends!
Somehow, just like that, we’re stepping into January and welcoming a brand-new year. The holiday glow may be fading, but there’s something energizing about clean calendars, fresh goals, and that unmistakable “new year, new possibilities” feeling.
As we look ahead to 2026, we’re feeling incredibly optimistic. Last year reminded us how powerful community can be. From helping families start new chapters, to welcoming new neighbours, and reconnecting with so many of you at events, open houses, and everyday check-ins. Those moments are what make this work so meaningful, and we’re so grateful to head into another year with such an amazing community around us.
And of course, the Toronto market is already giving us plenty to watch. January brings reflection, strategy, and early opportunities for those thinking ahead. Whether you’re planning a move this year or simply keeping an eye on what’s next, staying informed and intentional will be key.
Here’s your January 2026 Market Update. Let’s kick off the year with clarity, confidence, and a little excitement for what’s ahead.
What Are Your 2026 Real Estate Goals?
A new year is the perfect time to reflect, reset, and look ahead. Whether you love setting goals or prefer to keep things flexible, if real estate is on your mind in 2026, we’re here to help.
Maybe your family is growing and you’re ready for more space.
Maybe the kids have flown the nest and it’s time to right-size.
Maybe you’re dreaming of owning your first home and building equity for your future.
Or maybe you’re curious about investing and creating long-term wealth through real estate.
Whatever stage you’re in, our goal is to make the process clear, strategic, and as stress-free as possible.
Even if your plans are a few years out, we’re always happy to start with a casual, no-obligation conversation so you’re set up for success when the time is right.
Let’s make 2026 a year of smart moves and exciting possibilities.
What We Are Seeing From the Field
Real estate in December tends to take a slower approach. Buyers and Sellers often put their real estate needs on hold, so that they can focus their time with family and friends, while recharging after a busy year.
The TO Group always takes time to reflect on all of the successes and challenges from the year prior. This allows us to improve our services and come back stronger in the new year to support our awesome clients (old and new!).
2025 was an interesting market. Expectations were optimistic out of the gate, however some economic uncertainties created a bit of a roller coaster effect as we moved through the year.
For the month of December, Toronto home sales actually increased compared to December 2024, which was nice to see. However, with more listings on the market, buyers had greater negotiating power, leading to lower selling prices and improved affordability. For the month, new listings increased by 9.4% and the average selling price fell 4.6% to approximately $986K.
Lower prices and easing mortgage rates have helped set the stage for a potential market recovery. As confidence in the economy and job market improves, pent-up demand is expected to drive increased activity in the months ahead.
Check out the December year-over-year stats below for more information on the current market.
If you would like statistics specific to your neighbourhood, an updated Comparative Market Analysis for your home, or help deciphering what the numbers could mean for you, please let us know and we would be happy to provide that for you.
We’re Here To Help!
As we head into 2026, here’s one thing we want you to know:
Our work is rooted in service. If someone you know could benefit from clear, honest real estate guidance, please keep us in mind and pass along our info. Friends, family, neighbours, colleagues, etc. We’re always here to help them navigate the market with confidence (and while having a little bit of fun along the way).
And if you’re thinking of making a move in 2026, now’s the perfect time to chat through a plan. A little prep as the new year begins can set you up beautifully for the market.
Wishing you health, happiness, and success in 2026!
Chris and Ford
December 2025 Market Report
December 2025 Newsletter
Thurston Olsen Real Estate Group
Hey Friends!
Somehow we’ve already made it to December! The month when the city glows, our calendars get chaotic, and the group chats fill with ‘when are we getting together?!’
Looking back on 2025, we can’t help but feel incredibly grateful. This year was full of amazing moments: helping families make big moves, welcoming new neighbours to our beautiful city, and connecting with so many of you at our community events. Whether you joined us for pumpkin pie, ice cream in the park, the food drives, or even just a quick chat at an open house… thank you for making our year what it was.
And of course: the Toronto market kept us on our toes in classic Toronto fashion. But through every twist and turn, opportunities continued to pop up, and buyers and sellers who stayed curious, informed, and strategic really thrived.
Here’s your December 2025 Market Update. Let’s wrap up this year strong and step into the next one ready for big things.
December Planning = 2026 Success!
Right now is actually the sweet spot to start talking about a 2026 move.
The market is shifting, inventory is changing, and the folks who plan early almost always end up in the strongest position.
Whether that’s locking in the right neighbourhood, prepping a home for maximum value, or timing a sale so it feels smooth instead of stressful. Think of it like getting a head start on the Gardiner before everyone else piles on – way less traffic, way better outcomes.
If 2026 is even somewhere on your radar, now’s the perfect time for us to sit down, map out a strategy, and make sure you’re walking into the market with confidence (and maybe even an advantage).
Let’s get ahead of the curve while everyone else is still snoozing on it.
What We Are Seeing From the Field
November’s numbers paint a familiar picture: sales, new listings, and average prices all came in lower than this time last year. Many buyers are still sitting tight, waiting for more stability in the job market and the broader economy.
But here’s the good news: November’s employment data was stronger than expected, and economists are feeling more optimistic heading into 2026. Confidence is the missing ingredient, and once that returns, more buyers will be ready to jump back in.
In November 2025, Toronto saw 1,912 sales (down 14.5% year-over-year) and 4,171 new listings (down 4%). Prices dipped as well, with the average selling price landing at $1,036,362, about 4.1% lower than last year.
For now, buyers benefit from a well-supplied market, but that won’t last forever. As inventory gets absorbed, we’ll need more new construction, especially missing-middle housing, to keep pace with demand.
Check out the November year-over-year stats below for more information on the current market.
If you would like statistics specific to your neighbourhood, an updated Comparative Market Analysis for your home, or help deciphering what the numbers could mean for you, please let us know and we would be happy to provide that for you
The Great Reset – Redefining Value in Canada’s Housing Market
For anyone who geeks out on market strategy like we do, Steve Tabrizi, our Remax Hallmark COO and resident forecasting wizard, just released his 2026 outlook.
Smart insights, clear explanations, and some analysis-backed predictions (spoiler alert! – he’s usually bang-on with his predictions!)
We’re Here To Help!
As we head into 2026, here’s one thing we want you to know:
The greatest gift you could give the TO Group is an introduction to someone in your world who could use a little real estate guidance. Friends, family, neighbours, colleagues, etc.
We’re always here to help them navigate the market with confidence (and while having a little bit of fun along the way).
Cheers and have a safe and happy holiday season!
Chris and Ford
