GTA New-Build Market Report 2026: The Region That All But Stopped Building Houses

Exactly one of Toronto's 125 actively-selling new-home projects includes a detached house. That is not a typo, and it is the sharpest example of the story running through the whole GTA real estate market right now: the region has all but stopped building houses. Across the 1,316 pre-construction projects we track in the six largest GTA markets, condos are 61% of the pipeline and the only home type still opening under $400,000, while a new detached home starts at a median $1,089,990, roughly $430,000 above a new condo, and 82% of detached projects are already sold out. This report maps what is actually being built and sold new, by property type and by city, using first-party inventory data no public housing board publishes.

Key findings

Condos are in 61% of GTA new-build projects; detached-only projects are just 12%.

Absorption climbs with the property ladder: condos are 69% sold out, townhomes 76%, detached 82%.

The starting-price ladder: new condos from $301,400 (median $659,900), townhomes median $1,014,990, detached median $1,089,990. Condos are the only type with a median under $700,000.

A new detached home costs a median $430,090 more than a new condo.

Of the GTA's selling-now supply, 73 priced condo projects start under $700,000, versus 12 townhome and 1 detached.

In Toronto, exactly 1 of 125 actively-selling new-home projects includes a detached house. In Brampton, 16 of 22 do.

The forward pipeline skews harder still: of 101 projects in registration, 82 include a condo and 5 a detached home.

The headline numbers

Across the six largest GTA pre-construction markets, developments.ca tracks 1,316 new-build projects: 242 selling now (18%), 973 sold out (74%), and 101 in registration (8%). That sold-out share is the first signal that the visible market, the projects a buyer can actually shop today, is a thin slice of what has been built or announced. But the more revealing cut is not how much is sold. It is what type of home is left, and at what price. On both, the three property types have pulled apart.

For context from outside our data: CMHC reports Toronto CMA housing starts are driven overwhelmingly by multi-unit (apartment) construction rather than single-detached, and total starts were down 12% year over year as of May 2026. That is the resale-and-starts view. What follows is the pre-construction view, by property type, which no public board publishes.

Condos are the pipeline: 61% of projects, and rising

The GTA new-build market is a condo market. Of the 1,316 tracked projects, 800 (61%) include condos, 442 (34%) include townhomes, and just 283 (22%) include detached homes (a project can offer more than one type, so the shares overlap). Counting single-type projects only, 54% are condo-only and just 12% are detached-only.

• Condos: in 800 of 1,316 projects (61%); 710 projects are condo-only (54%)
• Townhomes: in 442 projects (34%); 235 are townhome-only (18%)
• Detached: in 283 projects (22%); 162 are detached-only (12%); the remaining 209 projects are mixed-type communities

The condo tilt is not an artifact of old, sold-out stock. It is strongest in what is coming next. Of the 101 projects in registration (pre-sales not yet open, the closest read on future supply), 82 include a condo and only 5 include a detached home, roughly 16 condo projects registering for every 1 detached. Whatever the GTA new-build market becomes over the next few years, it becomes more condo, not less.

The affordability ladder: a new detached home costs $430,000 more than a condo

Starting prices separate cleanly by property type, and the gap is large. Among selling-now projects that publish a price, new condos start at $301,400 with a median of $659,900; new townhomes carry a median of $1,014,990; new detached homes a median of $1,089,990. A new townhome opens about 54% above the condo median, and a new detached home about 65% above it, a $430,090 spread between the condo and detached medians.

• Condos: from $301,400, median $659,900; 73 of 125 priced projects start under $700,000
• Townhomes: from $384,000, median $1,014,990; 12 of 67 start under $700,000
• Detached: from $614,990, median $1,089,990; just 1 of 37 starts under $700,000

That last figure is the affordability story in one number. Of the GTA's selling-now, priced new-build supply under $700,000, 73 projects are condos, 12 are townhomes, and exactly 1 is detached. Condos are not merely the cheapest type on average; they are very nearly the only new-build type a buyer can enter under $700,000 at all. The condo is the only type with a median under $700,000, and the only type still opening below $400,000.

What you actually get: the price gap is a space gap

The $430,000 spread between a new condo and a new detached home buys square footage, not just an address. The median entry condo now selling in the GTA is 451 square feet with a one-bedroom median (the smallest units are around 230 square feet); the median entry townhome is 1,516 square feet and the median entry detached home is 1,782 square feet, each with a three-bedroom median. A new condo's median entry unit is roughly a quarter the floor area of a new detached home's, and two bedrooms smaller.

• Condos: median entry unit 451 sq ft with a one-bedroom median (smallest around 230 sq ft)
• Townhomes: median entry 1,516 sq ft with a three-bedroom median (smallest 278 sq ft)
• Detached: median entry 1,782 sq ft with a three-bedroom median (smallest 902 sq ft)

That reframes the affordability ladder. The condo is not just cheaper; it is a fundamentally smaller, denser product, which is exactly why it can still open under $400,000 in a market where ground-related homes start near or above the million-dollar mark. A buyer comparing a $659,900 condo to a $1,089,990 detached home is comparing a one-bedroom in the sky to a three-bedroom on a lot, not two versions of the same home at two prices.

Absorption climbs with the property ladder: detached is 82% sold out

The scarcer the ground a home comes with, the more of it is already gone. Sold-out share rises from condos to detached: condos are 69% sold out, townhomes 76%, and detached homes 82%.

• Condos: 554 of 800 tracked projects sold out (69%)
• Townhomes: 336 of 442 sold out (76%)
• Detached: 232 of 283 sold out (82%)

A 13-point spread from condos to detached is not noise. It says a larger share of the GTA's detached and townhome pipeline is already spoken for than of its condo pipeline, so the buyer shopping ground-related new-build today is choosing from a much thinner, mostly-sold-out shelf. The condo buyer, by contrast, still has roughly a third of the tracked condo pipeline actively competing for them.

Where detached homes have nearly disappeared

Detached new-build has not just gotten expensive. In the GTA's densest markets it has almost stopped being built. Of the 242 projects selling now, only 46 (19%) include a detached house, and the count collapses in the core.

• Toronto: 125 projects selling; 116 include a condo, 19 a townhome, 1 a detached house
• Markham: 29 selling; 8 include a condo, 22 a townhome, 12 a detached
• Mississauga: 23 selling; 17 include a condo, 6 a townhome, 1 a detached
• Oakville: 23 selling; 11 include a condo, 14 a townhome, 10 a detached
• Brampton: 22 selling; 4 include a condo, 14 a townhome, 16 a detached
• Vaughan: 20 selling; 8 include a condo, 8 a townhome, 6 a detached

In Toronto, exactly 1 of 125 actively-selling new-home projects includes a detached house, and none is detached-only; 116 of the 125 include a condo. Mississauga is nearly as condo-tilted (17 of 23 selling projects include a condo, 1 includes detached). At the other end, Brampton is the GTA's ground-related edge: 16 of its 22 selling projects include a detached home and only 4 include a condo, and Markham leans townhouse (22 of 29 selling projects include a townhome). The GTA is really two new-build markets: a condo core (Toronto, Mississauga) and a ground-related outer ring (Brampton, Markham, and parts of Vaughan and Oakville).

When you can move in: condos also offer the most ready stock

Property type decides not only price and space but timing. Among selling-now projects, 56 condo projects are already complete and effectively move-in-ready, versus 19 townhome and just 6 detached. The rest are split between projects under construction (76 condo, 41 townhome, 28 detached) and pre-construction projects selling from plans (32 condo, 23 townhome, 12 detached). So the buyer who needs a home soon, not in three years, has by far the widest choice in condos and the narrowest in detached, the same pattern as price and supply. The forward pipeline concentrates the same way: of 101 projects in registration, 62 are in Toronto, the condo core, so the next wave of new-build launches is even more Toronto-weighted and condo-weighted than the market selling today.

What this means if you are buying

If your budget is under $700,000, the new-build market is a condo market almost by definition: 73 selling condo projects sit under that line versus 1 detached. If you want a new detached or freehold townhome, the search is less about price bracket and more about geography, because the ground-related supply that exists is concentrated in Brampton, Markham, Oakville, and Vaughan, not the core, and a larger share of it is already sold out (76% to 82%) so the standing choice is thin. And if you are weighing whether to wait, the forward pipeline is the tell: it is 82 condo projects to 5 detached in registration, so waiting does not bring a wave of new detached supply, it brings more condos.

Browse current inventory by city to see what is actually selling: Toronto, Mississauga, Vaughan, Markham, Oakville, and Brampton. For the condo-price-correction side of this market, see our Toronto condo market report; for the ground-related segments, see our roundups of pre-construction detached homes across the GTA and new townhomes in Mississauga. New to pre-construction? Start with our guide to buying new pre-construction homes in Canada.

The bottom line: the GTA is building a condo region

Put the pieces together and one pattern runs through all of them. Condos are 61% of the pipeline, the only type still under $400,000, the smallest and densest product at a 451-square-foot median entry, the least sold out at 69%, the most move-in-ready with 56 completed selling projects, and 82 of the 101 projects in registration. Detached homes are the mirror image on every measure: 12% of projects, a $1,089,990 median, 82% sold out, and 5 registration projects region-wide. Townhomes sit in between on price and absorption but closer to detached on scarcity. The GTA is not building a little of everything at different prices. It is building, and increasingly pre-selling, a condo region with a shrinking and expensive fringe of ground-related homes, and the newest supply, concentrated in Toronto, leans that way hardest. For a buyer, the type of home decides the price, the size, the wait, and how much choice is left, more than the city does.

Methodology

All figures are drawn from Buildify's pre-construction tracking database, the largest first-party pre-construction inventory dataset in Canada, covering roughly 5,000 active and completed projects nationally. For this report the data was filtered to the six largest Greater Toronto Area pre-construction markets by tracked listing volume (Toronto, Mississauga, Vaughan, Markham, Oakville, Brampton), for 1,316 tracked projects, current as of July 2026. Property-type shares count a project once per type it offers, so a mixed condo-and-townhome community appears in both; single-type figures are stated separately where used. Starting prices are the published starting price of projects that are selling now and publish a price (condo n=125, townhouse n=67, detached n=37); medians are of those priced projects. Sold-out share is of all tracked projects of that type in the six cities. This is tracked pre-construction inventory, not the entire GTA housing market, and it is distinct from resale data (TRREB, CREA) and housing-starts data (CMHC), which measure different things; where directional comparison is possible, CMHC's Toronto starts data (multi-unit-dominated) points the same way as our condo-heavy pipeline.

How to cite: Developments.ca, GTA New-Build Market Report 2026, https://www.developments.ca/news/gta-new-build-market-report-2026

Frequently asked questions

Are GTA house prices dropping in 2026? This report measures new-build starting prices by property type, not month-over-month resale price change (for the condo-price-correction picture, see our Toronto condo market report). What the pipeline shows is a wide and stable price gap between types: new condos start at a median $659,900 while new detached homes start at a median $1,089,990, a roughly $430,000 difference as of July 2026.

What is the cheapest type of new home in the GTA? Condos, by a wide margin. New condos start at $301,400 with a median of $659,900, and 73 selling condo projects are priced under $700,000, versus 12 townhome projects and 1 detached. Condos are the only new-build type with a median under $700,000 and the only type still opening under $400,000.

Is it still possible to buy a new detached home in the GTA? Yes, but the supply is thin and concentrated. Only 46 of 242 selling-now projects include a detached house, and 82% of tracked detached projects are already sold out. What remains is mostly in Brampton, Markham, Oakville, and Vaughan; in Toronto, just one actively-selling project includes a detached house.

Will the GTA build more detached homes? The forward pipeline points the other way. Of 101 projects in registration, 82 include a condo and only 5 include a detached home, so new supply is becoming more condo-weighted, not less.

How much does a new home cost in the GTA in 2026? According to developments.ca inventory data, as of July 2026 the median starting price for a new pre-construction home in the six largest GTA markets is $659,900 for a condo, $1,014,990 for a townhome, and $1,089,990 for a detached house. The lowest published starting price is $301,400, for a condo.

Compare what is selling across the GTA

See current pre-construction inventory by city and register on any project to get pricing and floor plans direct from the builder: Toronto, Mississauga, Vaughan, Markham, Oakville, and Brampton.