Royale Realty Market Intelligence

GTA Pre-Construction Condo Price Index

An independent, data-driven benchmark of what it costs to buy a new pre-construction condominium or town across the Greater Toronto Area — median and average starting prices by city, price band and occupancy year, computed directly from 614 priced projects in our live database.

Last updated October 28, 20262,844 active projects tracked

Median starting price$699,000across the GTA
Average starting price$913,633mean of all priced projects
Priced projects614with a published starting price
Entry to top of market$150K–$9.2Mstarting-price range

Median starting price by city

The 12 cities with the most priced projects (a minimum of 8 is required to qualify), ranked by projects tracked. Bars show the median starting price.

Toronto
$779K
84
Mississauga
$600K
38
North York
$651K
31
Markham
$967K
29
Oakville
$985K
26
Brampton
$763K
22
Etobicoke
$646K
22
Richmond Hill
$1.2M
19
Pickering
$660K
18
Scarborough
$600K
17
Kitchener
$522K
17
Hamilton
$486K
15

Median starting priceright-hand figure = projects tracked

Median price trend by city

Daily median starting price of every priced project tracked in each market. Tracked counts grow as new projects enter the index, so lines read best over months, not days; a market charts only once it has three-plus snapshots across three weeks.

GTA & Ontario (all tracked)↓ 12.5%
$700K
Aug 18Oct 28
Toronto↓ 8%
$800K
Aug 18Oct 28
Mississauga↓ 7.3%
$602K
Aug 18Oct 28
North York↓ 15.3%
$698K
Aug 18Oct 28
Markham↓ 9.7%
$1.1M
Aug 18Oct 28
Oakville↑ 12.1%
$1.0M
Aug 18Oct 28
Brampton↓ 2.8%
$787K
Aug 18Oct 28
Etobicoke→ 0%
$646K
Aug 18Oct 28
Pickering↓ 15.4%
$660K
Aug 18Oct 28

City-by-city breakdown

CityProjectsMedian startAverage start
Toronto84$779,450$1,340,941
Mississauga38$600,000$717,061
North York31$651,000$786,255
Markham29$966,990$1,059,274
Oakville26$984,900$1,148,632
Brampton22$763,494$825,204
Etobicoke22$645,900$769,590
Richmond Hill19$1,199,990$1,139,128
Pickering18$659,945$729,470
Scarborough17$600,000$979,234
Kitchener17$522,405$569,754
Hamilton15$485,900$553,054
Whitby13$834,990$810,232
Woodbridge13$700,000$852,433
Oshawa11$799,990$771,343
Milton11$600,000$663,334
Barrie10$500,000$554,860
York9$900,000$1,107,177
Niagara Falls8$550,000$582,680
Greater Toronto Area614$699,000$913,633

How pre-construction prices are distributed

Share of priced projects in each starting-price band.

Under $500K
98 · 16%
$500K – $700K
215 · 35%
$700K – $900K
112 · 18%
$900K – $1.2M
73 · 12%
$1.2M and up
116 · 19%

Delivery pipeline by occupancy year

Number of tracked projects scheduled to complete each year — a read on how much new supply is landing and when.

Market status of tracked projects

1,883Planning
482Selling Now
305Sold Out
87Coming Soon
46Platinum VIP Sales
16Cancelled
10On Hold
6Now Leasing
5Under Construction
2Now Pre-Leasing
1Complete
1Now Selling

Price movement

12projects raised prices
66projects cut prices
0held steady

Based on 78 projects with more than one price snapshot · median change of -17.7% among projects that moved.

Price per square foot

Median price per sq ft$456from 770 floor plans with published size and price

Methodology & sources

  • Source data. Computed from Royale Realty Brokerage's live database of 2,844 active GTA pre-construction projects. Soft-deleted and archived records are excluded.
  • Starting price. The lowest published price for a project, taken from the structured starting-price field where present and otherwise parsed from the project's advertised price. Values outside $150K–$25M are treated as data errors and excluded.
  • City medians. Reported only for cities with at least 8 priced projects, to avoid publishing noise from small samples.
  • No fabricated trends. Price-movement and $/sq ft figures appear only when the underlying series is large enough to support them.

Cite this report

Royale Realty Brokerage, “GTA Pre-Construction Condo Price Index,” October 28, 2026. https://royalerealtybrokerage.com/reports/gta-pre-construction-price-index/

Licence. This data is published under CC BY 4.0. You may republish these figures — including in charts — provided you credit Royale Realty Brokerage and link back to this report.

Download the data. GTA Pre-Construction Price Index (CSV) — the same figures shown above: summary stats, medians by city, price bands and occupancy years.

Writing about this? The press & data kit has ready-made citation lines, self-updating chart embeds, and licensed brokers available for comment.

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