Spring is traditionally the busiest time for the GTA housing market, but 2026 presents a unique, idling landscape. While national sales remain flat, new data reveals a diverging market. In the GTA, the resale condo segment is currently offering the best value, with prices per square foot dropping approximately 25% to $859 since the 2022 peak. <\/p>\n
Conversely, new construction remains priced higher at $1,189 per square foot, creating a significant 40% gap between new and resale units. While areas like Oakville-Milton have seen benchmark prices dip by 11.1%, other regions across Canada, such as Quebec City, are experiencing steady growth. For investors and buyers, this shift highlights the importance of localized data over national headlines. Whether you are looking for a first home or an investment property, understanding these regional price corrections is essential for navigating today\u2019s market. For the full report and regional breakdowns, visit the original article at Financial Post.<\/p>\n
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