As your dedicated partner in real estate, I’m always keeping a close eye on the Greater Toronto market to help you make informed decisions. Early Q3 brought about some notable shifts: home sales came in around 6,000, slipping by about 1% year-over-year after four months of steady gains, but still edging up 3% compared to last month. The average selling price held near $1M, and the typical-home benchmark dipped about 5% from last year—reflecting the continued advantage buyers have in many GTA neighborhoods. When we look at specific housing types, detached home sales nudged up 1% year-over-year, while semi-detached sales fell 6%, townhouses declined 3%, and condo apartments stayed relatively flat. Supply has tightened significantly as well: new listings dropped to around 14,500, down 18% annually, and active listings now sit at about 26,100, a 12% decrease—meaning fewer fresh options for buyers across the region. With sales representing a larger share of listings, the board notes that this shrinking supply could begin to limit room for price negotiations and help support more balanced conditions if buyer confidence rebounds. My role is to navigate these shifts with you—whether you’re buying, selling, or just keeping an eye on the market.