➕ The Numbers for November are in! ➕
Toronto’s late-fall market remained steady in November, with many buyers still waiting for clearer economic signals. Even so, softer prices and strong inventory continued to create opportunities for those actively looking.
While overall activity eased year-over-year, month-to-month trends were relatively stable—suggesting the market is finding its footing. Encouragingly, November brought stronger-than-expected job growth and positive economic indicators. If this momentum carries through, buyer confidence could strengthen as we head into 2026 and beyond.
For now, well-supplied resale options give buyers room to explore the market at their own pace. Looking ahead, new construction—especially “missing middle” housing—will be key to maintaining choice as inventory is absorbed. Industry leaders remain optimistic that ongoing infrastructure investments and improving economic conditions will help support a healthier, more balanced market.
If you’re considering a move, this season’s increased affordability and selection may offer a strategic window. Let’s talk about your options and how to make the most of this moment.
Looking to buy or sell a home in Toronto? Average prices in November were as follows:
➕Detached $1,545,941 [-9% vs. 2024]
➕Semi-detached $1,187,111 [-5% vs. 2024]
➕Townhouse $870,793 [-4% vs. 2024]
➕Condo $701,259 [-2% vs. 2024]
••••••
Data presented is for City of Toronto Only. Source: TRREB.
••••••
Toronto’s late-fall market remained steady in November, with many buyers still waiting for clearer economic signals. Even so, softer prices and strong inventory continued to create opportunities for those actively looking.
While overall activity eased year-over-year, month-to-month trends were relatively stable—suggesting the market is finding its footing. Encouragingly, November brought stronger-than-expected job growth and positive economic indicators. If this momentum carries through, buyer confidence could strengthen as we head into 2026 and beyond.
For now, well-supplied resale options give buyers room to explore the market at their own pace. Looking ahead, new construction—especially “missing middle” housing—will be key to maintaining choice as inventory is absorbed. Industry leaders remain optimistic that ongoing infrastructure investments and improving economic conditions will help support a healthier, more balanced market.
If you’re considering a move, this season’s increased affordability and selection may offer a strategic window. Let’s talk about your options and how to make the most of this moment.
Looking to buy or sell a home in Toronto? Average prices in November were as follows:
➕Detached $1,545,941 [-9% vs. 2024]
➕Semi-detached $1,187,111 [-5% vs. 2024]
➕Townhouse $870,793 [-4% vs. 2024]
➕Condo $701,259 [-2% vs. 2024]
••••••
Data presented is for City of Toronto Only. Source: TRREB.
••••••
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