Affordability Improves, but Confidence Remains Absent The GTA housing market remains under pressure as we move into 2026. Sales, prices, and listings are all trending lower on both a month-over-month and year-over-year basis. It reinforcing what many buyers and sellers are already feeling on the ground: this is still a gloomy market, with no clear recovery in sight. January 2026 …
2025 Lessons: GTA Market Adjusting to a New Reality
2025 GTA home sales finished at 62,433 transactions, the lowest annual total since 2000. That followed sales of roughly 70,000 homes in both 2023 and 2024, which were already the weakest years since 2001. In other words, the GTA has now experienced three consecutive years of sales at more than a 20-year low. Sales & Average Price by Major Home type …
November 2025 GTA Market Update: A Very Different Ending Than Last Year
As we approach the end of 2025, I can’t help but think about how differently this year is wrapping up compared to 2024. Last year at this time, the energy in the market was surprisingly positive. Buyers were eager, trying to get ahead of what many believed would be a competitive spring. Sellers felt confident too, holding firm on price, …
October 2025 GTA Market Update: The Market Remains Slow and Cautious
I truly wish I could share better news this month, but we’re still experiencing downward trends in the GTA market. Many of you reading this are hoping for the market to recover. After all, real estate is more than just where we live. It represents our future, our retirement, and for many, our biggest investment. We all want to see …
4% Mortgage Rate: The Turning Point for Toronto Housing Market
October 29, 2025 marked a major shift for the Canadian housing market. The Bank of Canada announced its fourth rate cut of the year, lowering the overnight rate by 0.25%.Since peaking at 5%, the central rate has now dropped to 2.25%, and the banks’ prime rate has fallen from 7.2% to 4.45%. That means mortgage rates have returned to around …
September 2025 GTA Market Update | Signs of Life, but Still a Buyer’s Market
The September numbers are in! While prices remain soft, activity across the GTA is finally picking up. We’re seeing more buyers calling, more showings being booked, and more movement overall — early signs that confidence is creeping back into the market. Here’s what’s happening, why it matters, and where things may be heading next. GTA Market Highlights Sales: 5,592(+8.5% YoY) …
August 2025 GTA Real Estate Market Update | No Recovery In Sight
TRREB GTA Numbers for August 2025 Sales: 5,211 homes sold (+2.3% annually) New Listings: 14,038 (+9.4% annually) Average Price: $1,022,143 (down 5.2% annually) Months of Inventory: 5.28 (+6.5% annually) Toronto’s housing market is still working through one of the sharpest corrections in decades. Low-rise homes remain the hardest hit, with prices sitting nearly 26% below their February 2022 peak. The …
Signs of a Shift? | July 2025 GTA Real Estate Market Update
July brought the strongest home sales for the month of July since 2021 across the Greater Toronto Area (GTA). Sales outpaced the growth in new listings, hinting at a modest tightening in market conditions. Is this the start of a sustained shift? It’s too soon to call, but the early signs are worth watching. Key GTA Numbers (TRREB Data) Sales: 6,100 …
From Peak to Pause: What A Difference Three Years Makes | June 2025 GTA Real Estate Market Update
According to the Toronto Regional Real Estate Board (TRREB): Sales: 6,243 homes sold (down 2.4% year-over-year) New Listings: 19,839 listings (up 7.7% year-over-year) Average Price: $1,101,691 (down 5.4% year-over-year) Average Days on Market: 42 days Affordability has improved across the GTA. Both prices and mortgage rates are lower than this time last year. But despite better deals and more listings, …
Spring Market is Dead, Listings Are Not Moving | GTA May 2025 Real Estate Market Update
The spring real estate market in the Greater Toronto Area (GTA) has hit a wall. The latest May data paints a clear picture: activity is slowing, inventory is building, and buyer sentiment remains cautious. GTA Market Snapshot – May 2025 According to the Toronto Regional Real Estate Board (TRREB)*: Sales: 6,244 homes sold (down 13.3% year-over-year) New Listings: 21,819 homes …











