Home buying activity across Ontario opened the year on a quieter note, with 7,737 properties sold through local MLS® Systems in January 2026. That total reflects a 15.6% decline compared to January 2025, signaling softer demand despite a noticeable increase in available listings. The average resale home price across the province came in at $778,102 for the month, down 6.4% year-over-year. With more supply entering the market and buyers moving cautiously, early 2026 is shaping up to be a more balanced and price-sensitive environment.