12/03/2025
Here is the latest update on the GTA Real Estate Market.
Outlook: Improving economic signals and rate sentiment could lift buyer confidence into early 2026.
GTA average sale price fell to $1,039,458 in November, down 1.3% month over month and 22% below the Feb 2022 peak.
Sales dropped to 5,010 (−18% MoM); still ahead of November 2022–2023 but 27% below the 10‑year November average.
Supply tightened short term: 24,549 active listings and 11,134 new listings; active listings remain 76% above the 10‑year norm.
Detached: $1,346,017 average (−0.7% MoM), −7.3% YoY; sales 2,296 (−18% MoM); active listings 11,094 (−14% MoM).
Condos: $663,290 average, up in 5 of last 7 reports; sales 1,299 (−16.6% MoM); active listings 8,225 (−8% MoM).
Townhomes: $913,078 average (−2% MoM), lowest since Jan 2021; sales 516 (−11%); active listings 1,737 (−17%).
Semis: $997,499 average (−3.5% MoM); sales 485 (−18%); active listings 1,288 (−15% MoM, +16% YoY).
If you are looking for exceptional real estate services and a seamless experience in finding your dream home or Selling your property, I am here to help. Contact me at ☎️ 647 971 8356.
Please visit my website at https://www.fareehayazdani.com
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