GTA High-Rise Sales Hit Record Low in September | JENNA PEARCE | REALTOR®

GTA High-Rise Sales Hit Record Low in September

Real Estate Market, Local Market, Ontario
Nov 01, 2026

In September, the Greater Toronto Area saw a significant decline in high-rise home sales, with only 129 units sold, marking a 40% drop from the previous year and 90% below the 10-year average. In contrast, low-rise sales remained strong, with 820 units sold, surpassing the 10-year average for the sixth consecutive month. However, total new home sales were still 52% below the historical average, highlighting ongoing challenges in the high-rise segment due to construction constraints and undesirable inventory.

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