\u201cThere is no Canadian housing market. It\u2019s sort of a bunch of different housing markets that behave really differently\u2026 and we sort of see the same thing within Toronto,\u201d Wahi economist Ryan McLaughlin told CP24.<\/p>\n
According to Wahi\u2019s analysis of MLS data, Alderwood in Etobicoke was the GTA\u2019s fastest-selling neighbourhood in July, with homes spending an average of just 10 days on the market.<\/p>\n
Palmer in Burlington followed at 15 days, while Uptown Ajax and Dovercourt Park in Toronto both averaged 16 days.<\/p>\n
Humber Bay in Etobicoke, along with neighbourhoods in Milton, Markham, Whitby, North York and Toronto, rounded out the top 10, with each averaging 17 days or less.<\/p>\n
![\"\"](\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2026\/08\/FEQ3KNT55VBBNGHLY56X2ZO4RA.png\")
WAHI Data from digital real estate platform Wahi shows a sharp divide in how quickly homes are selling across the GTA (WAHI chart). The slowest-selling neighbourhoods<\/p>\n
At the other end of the market, homes in Chaplin Estates in midtown Toronto took an average of 77 days to sell.<\/p>\n
Tansley Woods in Burlington followed at 71 days, while Bronte Lakeshore in Oakville averaged 65 days.<\/p>\n
Burlington waterfront properties spent an average of 64 days on the market, while homes in Brampton\u2019s Queen Street Corridor averaged 62 days.<\/p>\n
McLaughlin said the contrast reflects, in part, the types of homes being sold in different neighbourhoods.<\/p>\n
\u201cWhen I look at the ones that are moving quickly, they\u2019re very often neighborhoods that are filled with a certain type of product\u2026 family-friendly, ready to move in, either single-family or row homes,\u201d he said.<\/p>\n
\u201cMove-in ready\u2026 buyers are really looking for the ability just to move in. They don\u2019t want to do renos.”<\/p>\n
![\"\"](\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2026\/08\/3LGWDB42AFG2NPRIEPD3A7SUVA.png\")
WAHI Data from digital real estate platform Wahi shows a sharp divide in how quickly homes are selling across the GTA (WAHI chart). <\/p>\n
The slowest-selling areas can have a very different mix of properties, including high-end homes and condos.<\/p>\n
\u201cThe GTA is\u2026 being dragged down by the condos,\u201d McLaughlin said, pointing to a large amount of new condo supply coming onto the market.<\/p>\n
He said smaller condo units are particularly difficult to sell, describing them as \u201cshoebox apartments\u201d that are \u201creally struggling.\u201d<\/p>\n
\u2018It\u2019s not over yet\u2019<\/p>\n
Wahi\u2019s July figures also show the gap between the fastest- and slowest-selling neighbourhoods narrowed significantly from June.<\/p>\n
The fastest-selling neighbourhood averaged six days on market in June, while the slowest averaged 126 days.<\/p>\n
Wahi only includes neighbourhoods with at least five transactions in its rankings. <\/p>\n
McLaughlin said the threshold helps prevent one unusually slow sale from skewing the results.<\/p>\n