➕The numbers for the first month of 2025 are in! Toronto’s real estate market started 2025 with a mix of lower sales and rising inventory.
While sales were down 6 percent compared to last year, new listings surged by 37 percent, signalling a shift in seller activity.
The balance between supply and demand continues to evolve, with more inventory providing opportunities and choice for buyers while sellers face greater competition.
Looking ahead, interest rate expectations and affordability concerns will shape the market in the coming months. If rates trend lower, we may see increased activity as buyers regain confidence. Sellers should stay informed about pricing trends and competition in their segment.
Navigating this shifting market requires expert insight. Whether you’re considering buying, selling, or just want to discuss your options, let’s connect!
Looking to buy or sell a home in Toronto? Average prices in January were as follows:
➕Detached $1,579,386 [+1% vs. 2024]
➕Semi-detached $1,154,505 [-4% vs. 2024]
➕Townhouse $941,893 [+5% vs. 2024]
➕Condo $691,039 [-11% vs. 2024]
Data presented is for City of Toronto Only. Source: TRREB.
While sales were down 6 percent compared to last year, new listings surged by 37 percent, signalling a shift in seller activity.
The balance between supply and demand continues to evolve, with more inventory providing opportunities and choice for buyers while sellers face greater competition.
Looking ahead, interest rate expectations and affordability concerns will shape the market in the coming months. If rates trend lower, we may see increased activity as buyers regain confidence. Sellers should stay informed about pricing trends and competition in their segment.
Navigating this shifting market requires expert insight. Whether you’re considering buying, selling, or just want to discuss your options, let’s connect!
Looking to buy or sell a home in Toronto? Average prices in January were as follows:
➕Detached $1,579,386 [+1% vs. 2024]
➕Semi-detached $1,154,505 [-4% vs. 2024]
➕Townhouse $941,893 [+5% vs. 2024]
➕Condo $691,039 [-11% vs. 2024]
Data presented is for City of Toronto Only. Source: TRREB.
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