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Market Intelligence Report

Greater Toronto Area

New Construction Analysis · Updated April 16, 2026

Key Metrics

Active Listings

491

New construction

Average Price

$1.38M

$1,378,860

Median Price

$999K

Market midpoint

Price Range

$0K – $15.00M

Min to max

Price Distribution

Under $500K

52 (10.6%)

$500K - $750K

118 (24.0%)

$750K - $1M

81 (16.5%)

$1M - $1.5M

111 (22.6%)

$1.5M - $2M

43 (8.8%)

Over $2M

86 (17.5%)

Property Types

Residential Freehold

258 (52.5%)

Residential Condo & Other

233 (47.5%)

By Bedrooms

Studio

3 (0.6%)

1 Bed

42 (8.6%)

2 Bed

130 (26.5%)

3 Bed

135 (27.5%)

4 Bed

90 (18.3%)

5+ Bed

91 (18.5%)

Top Cities

Richmond Hill

76 (15.5%)

Mississauga

74 (15.1%)

Oakville

74 (15.1%)

Vaughan

73 (14.9%)

Markham

42 (8.6%)

Average Price by Property Type

Residential Freehold

$1.87M

258 listings

Residential Condo & Other

$834K

233 listings

Ready to explore?

Browse all 491 new construction properties in Greater Toronto Area

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