Condos.ca

📊 October 2025 GTA Market Snapshot

The fall market brought a mix of trends across the GTA. Toronto and York saw price growth in several segments, while Mississauga markets cooled slightly. Sales activity stayed steady overall - but with fewer new listings, competition is tightening in some areas.

Swipe through to see how each region performed this month, and follow us for next month’s update!

The Bank of Canada has announced a cut to its key interest rate, now set at 2.5%!

📊 GTA Market Cools in August as Listings Surge

The GTA market shifted gears last month - prices pulled back across most regions, sales slowed, and days on market crept higher. But for buyers, more listings mean more breathing room and negotiating power.

For Buyers:
With average prices dipping (Toronto all homes down 5% MoM, York all homes down 4.8% MoM), affordability is improving. More supply on the market gives you options and leverage.

For Sellers:
Homes are still moving - York townhome sales jumped nearly 70% YoY - but buyers have time on their side. Pricing strategically and working with experienced agents is key to standing out.

While year-over-year prices remain lower in most areas, August’s shifts signal a more balanced, negotiable market heading into fall.

Thinking about buying your first condo?

Here’s something you’ll want to know: First-time buyers with less than 20% down on a new build can now get a 30-year mortgage amortization.

This change is designed to help make monthly payments more affordable — but it also means you’ll pay more in interest long-term.

If you’re planning to buy your first condo, this is info you need right now 👉 https://ow.ly/oU0c50WHuse

🏌️‍♂️ On July 24th, our team came together for our 1st Annual Charity Golf Tournament in support of CAMH, and what a day it was!

We’re incredibly grateful to Equiton Developments for sponsoring the event and helping us turn a day on the course into a meaningful contribution toward mental health care. 💙

To everyone who joined us: thank you for showing up, swinging big, and making an impact.
⁠
Here’s to growing this tradition and continuing to support causes that matter. 🙌⛳️