05/24/2025
TRREB’s April Market Watch 🏘️
GTA REALTORS® reported 5,601 sales in April 2025-a 23.3% drop year-over-year. However, new listings rose
8.1% to 18,836, giving buyers plenty of options. The average selling price fell 4.1% year-over-year to $1,107,463, while the MLS® HPI Composite benchmark dipped 5.4%.
• Toronto Regional Real Estate Board President Elechia Barry-Sproule noted that households are watching Canada’s evolving trade relationship with the
U.S. closely. A positive shift could spark stronger consumer confidence and, in turn, more real estate transactions.
TRREB’S Jason Mercer notes buyers are capitalizing on higher inventory and stronger negotiating power-meaning more affordable mortgage payments thanks to lower prices + borrowing costs. Tre
It’s a market full of opportunity-and ongoing change.
Stay tuned as we track how spring shapes up in the
GTA real estate scene.
!
