➕ The Numbers for October are in! ➕


Toronto’s fall market continued to evolve in October, with buyers benefitting from improved affordability and greater choice. Softer prices and lower borrowing costs created more balanced conditions, giving well-prepared buyers an opportunity to act with confidence.


Detached and semi-detached homes remained more attainable than in recent years, and the condo market continued to offer strong options for both first-time buyers and investors seeking long-term value.


Monthly mortgage payments are trending lower, allowing many buyers to consider homes that better meet their needs. With improved affordability and steady economic conditions, market activity is expected to strengthen once consumer confidence returns.


For now, preparation, strategy, and expert guidance are key to making the most of these opportunities. If you’re planning a move, let’s talk about how to position your home — or your purchase — for success in this shifting market.


Looking to buy or sell a home in Toronto?  Average prices in October were as follows:


➕Detached $1,619,047 [-9% vs. 2024]
➕Semi-detached $1,219,254 [-7% vs. 2024]
➕Townhouse $890,678 [-14% vs. 2024]
➕Condo $699,241 [-3% vs. 2024]


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Data presented is for City of Toronto Only.   Source: TRREB.
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➕ The Numbers for September are in! ➕
Toronto’s housing market gained a little momentum in September as buyers responded to the Bank of Canada’s rate cut and slightly more affordable borrowing conditions. Still, plenty of households remain cautious, with overall sales and prices sitting below typical levels for this time of year.


Market dynamics shifted as more buyers came off the sidelines, but with strong listing supply, many were able to negotiate prices downward. Inventory remains healthy, with more than 10,000 new listings across Toronto, giving buyers options and leverage in negotiations.


While September sales were up 14% year-over-year, activity is still below long-term norms. If the Bank of Canada follows through with additional rate cuts later this year, monthly mortgage costs could align more closely with incomes, encouraging more buyers to re-enter the market.


For now, preparation, pricing, and strategy remain key in this transitional market. If you’re considering making a move this fall, let’s plan your next step with today’s market conditions in mind.
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Data presented is for City of Toronto Only.   Source: TRREB.

Toronto’s housing market continued to trend in a positive direction this June, with affordability steadily improving. Average home prices and borrowing costs remained lower than this time last year, giving more buyers a foothold in the market—even as some continue to wait for added economic clarity.
Sales activity gained month-over-month traction, and with more listings available, buyers are enjoying greater choice and the ability to negotiate. In fact, many are taking advantage of today’s softer pricing - down 3% year-over-year to an average of $1,132,709 - to secure properties that may have been out of reach in previous years.


Beyond the numbers, households continue to watch the evolving economic and trade environment.  Positive developments such as improved trade relations or additional rate cuts could go a long way in boosting consumer confidence and re-energizing the market as we head into the second half of the year.


All told, this is shaping up to be a market of opportunity for those ready to act. If you’re thinking about buying or selling, let’s talk strategy and position you for success.



Looking to buy or sell a home in Toronto?  Average prices in June were as follows:


➕Detached $1,641,868 [-7% vs. 2024]
➕Semi-detached $1,278,434 [+2% vs. 2024]
➕Townhouse $957,605 [-5% vs. 2024]
➕Condo $731,232 [-4% vs. 2024]


Data presented is for City of Toronto Only.   Source: TRREB.

The Numbers for May are in! ➕ Toronto’s housing market continued to see improved affordability in May, offering more opportunities for buyers. While overall sales activity remained slower than last year, month-over-month gains and a growing number of listings gave buyers more choice and leverage.

Year-over-year, sales in Toronto were down 14%, while new listings rose by 7%. The average selling price declined 3% to $1,155,616. Still, overall sales price edged up slightly from April on a seasonally adjusted basis—hinting at a modest tightening in market conditions.

Affordability has improved from a year ago, thanks to both lower prices and reduced borrowing costs. However, many buyers remain on the sidelines due to economic uncertainty—especially around trade relations with the U.S. Confidence is expected to return as clarity emerges on that front, and if borrowing costs ease further.

​For now, buyers who are ready to act are finding more negotiating power and inventory than they did last spring. Whether you're planning to enter the market or just watching for the right moment, preparation and expert guidance remain key. Let’s talk strategy if you’re thinking of making a move.

​Looking to buy or sell a home in Toronto?  Average prices in May were as follows:


➕Detached $1,719,937 [-6% vs. 2024]
➕Semi-detached $1,299,387 [+1% vs. 2024]
➕Townhouse $1,009,698 [-3% vs. 2024]
➕Condo $709,905 [-7% vs. 2024]

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Data presented is for City of Toronto Only.   Source: TRREB.