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Market Intelligence Report

Greater Toronto Area

New Construction Analysis · Updated May 30, 2026

Key Metrics

Active Listings

495

New construction

Average Price

$1.37M

$1,374,249

Median Price

$969K

Market midpoint

Price Range

$329K – $15.00M

Min to max

Price Distribution

Under $500K

46 (9.3%)

$500K - $750K

138 (27.9%)

$750K - $1M

87 (17.6%)

$1M - $1.5M

95 (19.2%)

$1.5M - $2M

45 (9.1%)

Over $2M

84 (17.0%)

Property Types

Residential Freehold

257 (51.9%)

Residential Condo & Other

238 (48.1%)

By Bedrooms

Studio

2 (0.4%)

1 Bed

33 (6.7%)

2 Bed

141 (28.5%)

3 Bed

133 (26.9%)

4 Bed

90 (18.2%)

5+ Bed

96 (19.4%)

Top Cities

Richmond Hill

78 (15.8%)

Mississauga

69 (13.9%)

Vaughan

66 (13.3%)

Oakville

61 (12.3%)

Markham

54 (10.9%)

Average Price by Property Type

Residential Freehold

$1.88M

257 listings

Residential Condo & Other

$826K

238 listings

Ready to explore?

Browse all 495 new construction properties in Greater Toronto Area

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