Greater Toronto Area (GTA) home sales reached 5,765 in September, the strongest monthly level since January 2025.
Home Price Index fell by 0.5% month-over-month, average price now ~C$971,500.
Year-over-year: sales up ~8.5%, prices down ~5.5%.
New listings increased by 4% YoY, adding supply.
Market hopes rest on further interest rate cuts to sustain momentum.
