New Wahi data shows where GTA homes are moving fast and where sellers are waiting longest
Homes in one Etobicoke neighbourhood sold in an average of just 10 days in July, while properties in a midtown Toronto enclave spent nearly two-and-a-half months waiting for buyers. That's a striking divergence that underscores how unevenly conditions remain across the Greater Toronto Area (GTA).
New analysis by Wahi, which examined GTA neighbourhoods with five or more transactions last month, found Alderwood in southwest Etobicoke was the region's fastest-selling market in July.
On the other hand, Chaplin Estates in Old Toronto led the slowest tier, with homes averaging 77 days on the market before selling.
The spread between the two poles narrowed from June, when the fastest GTA neighbourhood recorded a six-day average and the slowest reached 126 days.
Housing type also plays a role. According to the Wahi report, condominiums and detached homes tend to attract different segments of the buyer pool, which can influence how quickly properties move.
Established communities dominated by single-family homes, like Alderwood, tend to clear faster than wealthier enclaves where luxury detached properties draw a narrower group of purchasers.
Where homes are moving quickly
The communities leading July's fastest-selling rankings share a common profile: established, family-oriented neighbourhoods with strong transit access, good schools, and a concentration of single-family homes priced to attract a broad buyer pool.
Alderwood's quiet residential streets and relative affordability within the 416 made it accessible to a wider range of purchasers than many inner-city alternatives.
Palmer in Burlington ranked second at 15 days, its tree-lined streets, schools, and central community park making it a natural draw for families.
Uptown Ajax, tied third at 16 days with Dovercourt Park in Old Toronto, benefited from its proximity to Highway 401 and convenient retail access — factors that matter to buyers weighing commute times.
Dovercourt Park's walkability, Bloor Street access, and transit connections similarly reduced its days on market.
Six neighbourhoods tied at 17 days to round out the top ten: Humber Bay in Etobicoke, Timberlea in Milton, Bullock in Markham, Ashburn in Whitby, Victoria Park Village in North York, and Seaton Village in Old Toronto.
Markets where sellers are facing a longer wait
The five slowest-selling GTA neighbourhoods in July ranged from 62 to 77 days on market.
After Chaplin Estates, the list included Tansley Woods in Burlington at 71 days, Bronte Lakeshore in Oakville at 65 days, and Burlington Waterfront at 64 days.
The Queen Street Corridor in Brampton rounded out the group at 62 days, a figure only marginally higher than the 61-day average it recorded in June 2026, per the Wahi analysis.
Wider market conditions continue to shape buyer behaviour across the region.
The Toronto Regional Real Estate Board (TRREB), in its 2026 Market Outlook and Year in Review report, forecast GTA average home prices between $1 million and $1.03 million for the year.
An Ipsos consumer poll conducted for TRREB found GTA homebuying intentions declined five percentage points to 22% in 2026 compared to 2025, with 45% of intending buyers identified as first-time purchasers.
Make sure to get all the latest news to your inbox on Canada’s mortgage and housing markets by signing up for our free daily newsletter here.