Sells fast, at asking, for 8% less than last year.
E04 homes clear in 26 days at 100% of list — and the benchmark is down 8.33%, the second-steepest fall of Toronto's 35 districts.
Forty-seven sales in August at an average of $753,670 and a median of $815,000 — the median sits above the average because a cluster of lower-priced condos pulls the average down while the typical sale is a house. Homes sold at 100% of asking in 26 days, on 3.7 months of inventory. The market is quick. It is also cheaper: the benchmark is $714,300, down 8.33% on the year, the second-largest decline of Toronto's 35 districts.
Every segment is down between 7% and 10.5%: detached $878,000 (−9.75%), semis −9.01%, townhouses −10.31%, apartments $416,200 (−7.22%). This is a first-time-buyer district, and first-time buyers are the most rate-sensitive people in the market, so their price ceiling moved down with their borrowing power. Sellers adjusted; that is why homes still sell fast.
For buyers, Golden Mile and Clairlea now offer the Eglinton Crosstown and Kennedy station at a benchmark 8% below last year's, and full-asking sales say you will not be alone. For sellers, the speed is real but the price has to be today's. Ask for the segment before you set it.
MLS® HPI Benchmarks · E04 · August 2026 · y/y
| Composite | $714,300 | -8.33% |
| SF Detached | $878,000 | -9.75% |
| SF Attached | $727,700 | -9.01% |
| Townhouse | $653,100 | -10.31% |
| Apartment | $416,200 | -7.22% |
Figures: TRREB Market Watch, August 2026, and MLS® Home Price Index (August 2026), extracted and arithmetically verified; subject to TRREB revision. Refreshed with each monthly cycle. Not intended to solicit buyers or sellers currently under contract. Eric Geng, Salesperson, RE/MAX City Accord Realty Inc., Brokerage. Each Office Independently Owned and Operated.