Home sales in the Greater Toronto Area (GTA) were down year-overyear in October, while new listings were up. Market conditions continued to favour homebuyers, as average selling prices were negotiated down alongside lower mortgage rates. “Buyers who are confident in their employment situation and ability to make their mortgage payments over the long term are benefitting from affordable housing market conditions relative to the past few years. However, many intending homebuyers remain on the sidelines due to uncertainty about their economic future,” said TRREB President Elechia Barry-Sproule.

TORONTO, ONTARIO, August 6, 2025 – The Greater Toronto Area (GTA) experienced the best home sales result for the month of July since 2021. Sales were also up relative to listings, suggesting a modest tightening in the market compared to last year. “Improved affordability, brought about by lower home prices and borrowing costs, is starting to translate into increased home sales. More relief is required, particularly where borrowing costs are concerned, but it’s clear that a growing number of households are finding affordable options for homeownership,” said Toronto Regional Real Estate Board (TRREB) President Elechia Barry-Sproule.

The Greater Toronto Area (GTA) housing market experienced an improvement in affordability in June 2025 relative to the same period a year earlier. With sales down and listings up, homebuyers took advantage of increased inventory and negotiating power.

“Looking at the GTA as a whole, homebuyers have certainly benefited from greater choice and improved affordability this year. However, each neighbourhood and market segment have their own nuances. Buyers considering a home purchase should connect with a REALTOR® who is knowledgeable about their preferred area and property type. In today’s market, working with a REALTOR® who brings expertise, the right tools, and a strong network is essential,” said Toronto Regional Real Estate Board President Elechia Barry-Sproule.

TORONTO, ONTARIO, June 4, 2025 – The Greater Toronto Area (GTA) housing market experienced an improvement in affordability in May 2025 relative to the same period a year earlier. With sales down and listings up, homebuyers took advantage of increased inventory and negotiating power. GTA REALTORS® reported 6,244 home sales through TRREB’s MLS® System in May 2025

April 2025 home sales in the Greater Toronto Area (GTA) followed the regular seasonal trend with an increase relative to March. However, total residential transactions were down compared to the same time last year, as potential buyers continue to wait for lower borrowing costs and certainty about the economy's trajectory. GTA REALTORS® reported 5,601 home sales through TRREB’s MLS® System in April 2025, marking a 23.3% decrease compared to April 2024. New listings amounted to 18,836, up by 8.1% year-over-year. The MLS® Home Price Index Composite benchmark was down by 5.4% year-over-year, with the average selling price at $1,107,463, down by 4.1% compared to April 2024. Elevated inventory levels provided substantial choice for households, resulting in lower average prices across market segment

Explore the latest insights on the Greater Toronto Area housing market in March 2025, where affordability has improved but home sales have dropped sharply. This in-depth market report analyzes price trends, buyer behavior, interest rate expectations, and inventory growth, with expert commentary from TRREB. Learn how economic uncertainty, the upcoming federal election, and potential Bank of Canada rate cuts are shaping the GTA real estate landscape—and what it means for buyers, sellers, and investors.

Toronto’s real estate market is facing a sharp decline in sales, rising inventory, and shifting buyer sentiment. In this in-depth analysis, we break down the latest TRREB data, exploring the impact of high interest rates, affordability challenges, and economic uncertainty on home prices and demand. With a potential Bank of Canada rate cut on the horizon, could the market be poised for a rebound? Stay ahead with expert insights on GTA housing trends, investment opportunities, and future market outlook.

TORONTO, ONTARIO, FEBRUARY 5, 2025 – The Toronto Regional Real Estate Board’s (TRREB) Market Outlook and Year in Review report reveals that a well-supplied housing market will keep average annual home price growth at the rate inflation, with the average selling price increasing moderately in the Greater Toronto Area (GTA) over the course of the year.

Explore the 2024 Greater Toronto Area housing market trends in our latest report. Learn about the slight rise in home sales, significant increase in new listings, and how high borrowing costs shaped buyer behavior. Discover how Bank of Canada rate cuts impacted affordability and what lies ahead for 2025, including price trends in detached homes and condominiums. Stay informed on GTA real estate market insights and expert forecasts.

Discover the latest insights on the Greater Toronto Area (GTA) housing market in our November 2024 Market Watch report. Learn about the significant surge in home sales, price trends, and market conditions. Get expert analysis from TRREB leadership and stay informed about the proposed rate cut for December, including the odds of a 25 bps or 50 bps cut. Stay ahead of the market trends and prepare for a promising 2025 with our comprehensive report.