October 2026

Toronto-Area House Prices Are Down a Third Since Peak. One Suburb Is Down 41%

Posted on Oct 07, 2026 in Market Update



Milton and Oakville, two suburbs west of Toronto, share a border. Since early 2022, the typical detached home in Milton has fallen 41% in the Toronto Regional Real Estate Board's (TRREB) price index. In Oakville, it's down 28%.

Across TRREB's whole area, roughly the Greater Toronto Area (GTA), detached prices sit about a third below where they were...

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