Privacy Policy

We understand the power that the Internet holds for changing your life and making things easier for you. These benefits are at risk if people are concerned about their personal privacy. We are committed to providing you with an Internet experience that respects and protects your personal privacy choices and concerns.

In general, we gather information about all of our users collectively. We only use such information anonymously and in the aggregate. This information helps us determine what is most beneficial for our users, and how we can continually create a better overall experience for you.

Email Links

This site provides an email address link located on the Contact Us page so that you may email us directly with any questions or comments you may have. This site reads all messages received and makes efforts to respond promptly.

In addition to replying to your comment or inquiry, we may also file your email for future reference regarding improvements to our website or discard the information. Your personal information is not shared, traded, sold, or exchanged with any third parties without your express permission.

Information Collection and Use

This site is the sole owner of the information collected. We will not sell, share, trade, or rent this information to others in ways different from what is disclosed in this statement.

This site collects information from our users at several different points on our website. We only collect personal information necessary to effectively market and sell the property of sellers, to locate, assess, and qualify properties for buyers, and to otherwise provide professional services to clients and customers.

We do not sell, trade, transfer, rent, or exchange your personal information with anyone.

Free Evaluation Form / Find Your Dream Home

Did You Know? / Free Real Estate Reports

Since this site is a real estate site, we give you the option of requesting free real estate information about real estate properties. Your personal information is stored on our secure database.

We only collect personal information necessary to effectively market and sell the property of sellers, to locate, assess, and qualify properties for buyers, and to otherwise provide professional services to clients and customers.

We do not sell, trade, transfer, rent, or exchange your personal information with anyone.

Personal Information

This site functionality requires or requests users to give us contact information, such as their email address, and personal information, such as their names, addresses, phone numbers, and property details.

The visitor’s contact and personal information is used to contact the visitor when necessary and requested, but is primarily used to collect personal information necessary to effectively market and sell the property of sellers, to locate, assess, and qualify properties for buyers, and to otherwise provide professional services to clients and customers.

We do not sell, trade, transfer, rent, or exchange your personal information with anyone.

We do not disclose information about your individual visits to this site, or personal information that you provide, such as your name, address, email address, telephone number, etc., to any outside parties, except when we believe the law requires it.

Legal Disclaimer

We may disclose personal information when required by law, or in the good-faith belief that such action is necessary in order to conform to the edicts of the law, or comply with a legal process served on our website.

Opt-Out

Users of this site have the option to unsubscribe from our mailing list directly through their accounts. To opt out, please navigate to the Subscription Settings located under My Account.

By disabling the email or SMS notification toggle, you’ll cease to receive notifications associated with the selected options.

Links

This site contains links to other sites. These sites have their own policies and practices with respect to online privacy, and this site cannot be responsible for the privacy practices, or the content, of these websites.

In addition, in certain instances, this site’s advertisers may ask you for personal information. This site cannot be responsible for the privacy practices of its advertisers.

Only certain employees have access to the information you provide us. For example, we impose strict rules on our employees who have access either to the databases that store user information, or to the servers that host our services.

While we cannot guarantee that loss, misuse, or alteration to data will not occur, we try to prevent such unfortunate occurrences.

Notification of Changes

This policy may be revised over time as new features are added to the website. We’ll post those changes so that you’ll always know what information we gather, how we might use that information, and whether we’ll disclose it to anyone.

Please check this site for information about revisions to our privacy policy. We’ll notify you directly if there is a material change in our privacy practices.

We’ll take commercially reasonable measures to obtain written or active email consent from the user if this site is going to use the information collected from the user in a manner different from that stated at the time of collection. We’ll also post the changes in our privacy statement 10 days prior to a change.

Cookies

This website uses the following cookies:

Google Analytics

This cookie allows us to see information on user website activities, including, but not limited to, page views, source, and time spent on websites. The information is depersonalized and is displayed as numbers, meaning it cannot be tracked back to individuals.

This will help to protect your privacy. Using Google Analytics, we can see what content is popular on our website, and strive to give you more of the things you enjoy reading and watching.

Google AdWords

Using Google AdWords code, we’re able to see which pages helped lead to contact form submissions. This allows us to make better use of our paid search budget.

Removal of and Access to Personal Information

We’ll accommodate the deletion of any personal information as soon as reasonably possible.

Should you wish to request erasure of personal data, please submit a written request to Macedo Real Estate Group, addressed to the address listed below. Each request will be validated, and you’ll be required to provide some personal information for security reasons.

Please note that Macedo Real Estate Group has the right to deny a request and provide an explanation as to why each request was denied.

Macedo Real Estate Group
www.MacedoRealEstateGroup.com
110 Weston Road

Toronto, ON M6M0A6
Canada
[email protected]
416-535-5000

Privacy Questions

If you have any questions regarding our privacy policy, please send us an email, and we’ll be pleased to assist.

Royal LePage® Supreme Realty, Brokerage

110 Weston Road
Toronto, ON M6N 0A6

Call 416-535-8000

Text 647-931-5151

Copyright 2026. Macedo Real Estate Group, Danny Macedo, Sales Representative, Anthony Rocco Macedo, Sales Representative, Royal LePage Supreme Realty, Brokerage all rights reserved assumes no responsibility for the accuracy of any information shown. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose.

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August 2026 in the GTA: Supply Tightens as New Listings Drop 14.1 Per Cent

September 17, 2026

TRREB released its August 2026 data on September 3, and the headline is not about price. It is about supply. New listings entered into the MLS system amounted to 12,075, down 14.1 per cent compared to August 2025. Active listings fell 11.3 per cent year over year to 24,482. Fewer homes are coming to market, and the pool of available inventory is shrinking.

Sales came in at 5,057, down 2.1 per cent from 5,168 in August 2025. The average selling price was $993,410, a decline of 2.7 per cent from $1,021,300 a year earlier. The MLS Home Price Index composite benchmark was down 4.5 per cent year over year.

Prices are still softer than last year, but the supply picture underneath them is changing.

The Supply Side Is the Story

A market with falling inventory and relatively flat sales puts upward pressure on prices over time. That has not happened yet. But the sales to new listings ratio, which measures how many of the new listings are being absorbed by buyers, sat at 37.5 per cent in August. Months of inventory stood at 4.6.

For context, a balanced market is typically defined as four to six months of inventory. The GTA sits squarely in that range right now. But the direction matters more than the snapshot. New listings have been declining, and if that trend holds through the autumn, inventory will tighten further.

TRREB President Daniel Steinfeld put it this way in the August release: buyers may face a trade-off between waiting for greater economic certainty and purchasing before prices move higher.

What Happened by Home Type

Detached homes saw 2,399 sales across the GTA at an average price of $1,288,669. Within the City of Toronto, 550 detached homes sold at an average of $1,525,749. In the 905 regions, 1,849 detached homes sold at an average of $1,218,148.

Year over year, detached sales were up 0.5 per cent overall, one of the few categories to show a gain. Detached prices edged down 1.8 per cent across the GTA.

Semi-detached homes recorded 439 sales at an average of $931,665, with prices down 5.0 per cent year over year. Townhouses saw 832 sales at an average of $786,817, with prices down 8.6 per cent. Condos recorded 1,330 sales at an average of $617,593, with prices down 3.6 per cent.

Townhouses took the largest price correction of any home type in August. That segment has been softening for several months, and August continued the pattern.

York Region in Detail

York Region recorded 971 sales at an average price of $1,179,938 and a median of $1,041,800. Months of inventory sat at 5.0, slightly above the GTA average.

Vaughan saw 242 sales at an average of $1,234,758 and a median of $1,148,750. The sales to new listings ratio was 36.8 per cent with 4.9 months of inventory. For detached homes specifically, Vaughan recorded 122 sales at an average price of $1,671,824.

King Township remains the most expensive market in the region at an average price of $1,851,310, but it is also the slowest. Just 21 homes sold in August, and months of inventory reached 11.4, more than double the GTA average. Detached homes in King averaged $2,119,853 on only 17 sales. At that pace, King is firmly a buyer's market.

Markham was the busiest municipality in York Region with 282 sales at an average of $1,208,692. Richmond Hill recorded 161 sales at $1,205,777.

The Economic Backdrop

The Bank of Canada overnight rate stood at 2.3 per cent in August, with a prime rate of 4.5 per cent. Posted mortgage rates remain elevated: 5.49 per cent for a one year fixed, 6.05 per cent for three years, and 6.09 per cent for five years.

Toronto employment growth was 1.5 per cent in July, with unemployment at 6.8 per cent. Inflation ran at 3.0 per cent year over year. GDP growth in the first quarter of 2026 was negative 0.1 per cent.

TRREB Chief Information Officer Jason Mercer noted that ownership housing in the GTA has remained relatively affordable over the past year, with average prices dipping and mortgage rates remaining somewhat flat. The main holdback for many households, he said, has been concerns around trade with the United States and the potential for higher inflation and borrowing costs.

What to Watch in September

The autumn market will tell us whether the inventory decline is a seasonal dip or the start of a tighter cycle. If new listings continue to fall at anything close to 14 per cent year over year, the months of inventory number will drop below 4.0 by the end of the year, and that is when price pressure typically returns.

For now, the market sits in balance. Sellers are not listing in the numbers they were a year ago, and buyers are not rushing in either. The question is which side moves first.

Source: TRREB Market Watch, August 2026. All figures are for the TRREB market area unless otherwise noted.

If you want to know what these numbers mean for your specific neighbourhood or your home's value, call me at 416-560-4983. I will pull the data for your street and walk you through it.

Danny Macedo
REALTOR®, Macedo Real Estate Group
Royal LePage Supreme Realty, Brokerage
416-560-4983

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Danny Macedo

Danny Macedo is a trusted Toronto-area REALTOR® with over 30 years of experience helping buyers, sellers, investors, and families navigate the GTA real estate market. As a real estate professional serving Toronto, Vaughan, King City, King Township, and surrounding York Region communities, Danny brings extensive market knowledge, strategic negotiation skills, and a personalized, white-glove approach to every transaction.

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