SOLD MORE Real Estate Team

02/04/2026

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.

01/08/2026

🏡 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!

🏠📉📈

08/02/2023

04/27/2023

🔎 What does the RIGHT home look like for you?

04/21/2023

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

04/11/2023

Pets can make a home feel like home. 🐶

04/05/2023

Spring is in the air! 🌸

03/29/2023

Year after year, RE/MAX has the #1 most trusted real estate agents in the U.S. and Canada. 👊💥

03/22/2023

Are you concerned about the impact of rising interest rates on your mortgage? Follow this link to find out how homeowners are weathering the storm 👉 https://rem.ax/CanadaHousingBarometer

03/14/2023

03/06/2023

✨February 2023 Market Update✨

February sales in the Greater Toronto Area (GTA) were down substantially from the pre-rate hike levels of early 2022. However, the number of new listings also dropped substantially year-over-year. The result was that the average selling price and MLS® HPI continued to level off after trending lower through the spring and summer of last year.

“It has been almost a year since the Bank of Canada started raising interest rates. Home prices have dropped over the last year from the record peak in February 2022, mitigating the impact of higher borrowing costs. Many homebuyers have also decided to purchase a lower priced home to help offset higher borrowing costs. The share of home purchases below one million dollars is up substantially compared to this time last year,” said Toronto Regional Real Estate Board (TRREB) President Paul Baron.