Buyer–seller conditions

Who has the upper hand, city by city. Few price cuts and quick sales favour sellers; many cuts and long listings favour buyers.

GTA right now
Buyers’ market
Homes with a price cut
22%
Typical days listed
66

The sales-to-new-listings ratio and months of inventory is shown to members only, under the MLS® rules for sold and leased information. Create a free account or sign in.

CityFor saleWith a price cutTypical days listedLeans toward
Toronto9,61316%50Buyers’ market
Mississauga2,27518%50Buyers’ market
Hamilton1,97526%59Buyers’ market
Brampton1,57815%53Buyers’ market
Vaughan1,24318%52Buyers’ market
Markham1,03316%49Buyers’ market
Oakville99218%49Buyers’ market
Richmond Hill97215%51Buyers’ market
Barrie91220%52Buyers’ market
Oshawa64718%50Buyers’ market
Burlington62322%48Buyers’ market
London South75821%58Buyers’ market
Kitchener59519%53Buyers’ market
Kawartha Lakes81029%81Buyers’ market
London East52325%55Buyers’ market
St. Catharines58025%55Buyers’ market
Niagara Falls56426%73Buyers’ market
Milton47420%45Balanced
Guelph53322%50Buyers’ market
London North59123%54Buyers’ market

Updated Oct 21, 2026. A sales-to-new-listings ratio above 60% is usually a sellers’ market, below 40% a buyers’ market. Months of inventory: homes for sale ÷ homes sold in the last 30 days.