SOLD MORE Real Estate Team

Is now the time to make your move? 🏠

January’s real estate data shows a cooling trend across the GTA. With the average selling price now at $973,289, the market is behaving differently than it was this time last year.

What you need to know:

1️⃣ Inventory is shifting: While sales are down, new listings saw a slight month-over-month bump.

2️⃣ Price adjustments: The HPI benchmark is down 8% year-over-year, providing a different entry point for many families.

3️⃣ Outlook: The 2026 Market Outlook and Year in Review is officially out, covering everything from new condos to commercial trends.

Knowledge is power in this market. If you want to know how these city-wide stats affect your specific neighbourhood, let’s chat.

🏡 GTA Housing Market Update – 2025

The GTA housing market became more affordable in 2025, with lower home prices and mortgage rates helping buyers gain leverage. While economic uncertainty kept many buyers cautious, higher inventory levels gave house hunters more choice and stronger negotiating power.

📉 By the numbers:
• 62,433 homes sold in 2025 (⬇️ 11.2% vs. 2024)
• New listings jumped ⬆️ 10.1% to 186,753
• Average home price fell ⬇️ 4.7% to $1,067,968

📊 December snapshot:
• Sales down 8.9% year-over-year
• Average price: $1,006,735 (⬇️ 5.1%)
• Prices and rates lower = better affordability

🔮 What’s next?
Once economic confidence improves and jobs feel more secure, pent-up demand could push sales higher. Government action on taxes, affordability, and economic stability will be key to restoring confidence and supporting homeowners and renters alike.

Send us a DM to get a customized market update for your city!

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Are housing costs weighing you down? Here's what Canadians are saying about one key measure that could help increase housing supply and affordability: https://rem.ax/RealEstateIndustryTrends