November sales ↓ 15.8% YoY to 5,010 units
Avg. price still > $1M, but ↓ 6.4% YoY
New listings ↓ 4%, active inventory ↑ 16.8%
Condo sales ↓ 21.7% across GTA; all property types down
Strong jobs data may revive optimism, but market recovery needs clearer long-term certainty.
Toronto Homebuyers Enjoy Improved Affordability and More Choices
Home sales and prices in the Greater Toronto Area declined in December and throughout 2025, with sales down 11.2% for the year and average prices falling nearly 5%. Listings increased, creating a buyer's market and...