CREA MLS® HPI · June 2026
As of June 2026, the typical single-family home reaches 1 149 900 $, or −5.5 % year over year. The country's largest market, where the gap between single-family homes and condos has widened enough to make them two separate markets.
Prices declining. The benchmark price is down over one year: negotiating room tends to widen in this phase.
1 149 900 $ (−5.5 % year over year)
537 300 $ (−8.2 % year over year)
680 100 $ (−7.4 % year over year)
CREA’s MLS® HPI publishes quality-constant benchmark prices; it publishes no sales volume, no active listings and no days-on-market for this region. It also publishes no benchmark for income properties: the third series is a townhouse, and is presented here as such.
With a benchmark price of 1 149 900 $, Toronto is the 3rd most expensive market of 19, or +92.9% above the median of markets covered outside Quebec (596 100 $).
A vacancy rate of 3% in 2025 in Toronto (source: CMHC).
studio : 1 760 $ · 1 bedroom : 2 110 $ · 2 bedrooms : 2 660 $ · 3+ bedrooms : 3 250 $. Average asking rent for apartments listed for rent (Toronto CMA, 2026-01, experimental estimates from Statistics Canada). Asking rents run higher than the average rent of an occupied stock: read this as a market ceiling, not as income already earned.
In June 2026, the benchmark price of a single-family home in Toronto is 1 149 900 $ (−5.5 % year-over-year), according to CREA's MLS® Home Price Index.
Prices declining. The benchmark price is down over one year: negotiating room tends to widen in this phase.
In June 2026, the benchmark price is 537 300 $ for a condo and 680 100 $ for a townhouse in Toronto. CREA publishes no benchmark for income properties.
Figures come from the MLS® Home Price Index published monthly by the Canadian Real Estate Association (CREA). They are benchmark prices for a typical property — a quality-constant measure, not a median of observed sales — provided for informational purposes.
Source : MLS® Home Price Index, Canadian Real Estate Association · June 2026.