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Market Report | January 2026
Discover the January 2026 Toronto real estate market update with data‑driven insights, regional sales breakdowns, and a forward‑looking outlook for buyers, sellers, and investors across the GTA. This comprehensive report analyzes pricing trends, supply conditions, and economic indicators shaping Toronto’s housing market in 2026.
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Market Report | December 2025
Discover the latest insights into the Greater Toronto Area real estate market with our December 2025 report. Explore key trends in Toronto, Durham, York Region, and Peel, including price movements, sales activity, and inventory shifts. Learn how improved affordability, easing mortgage rates, and condo market resilience are shaping opportunities for buyers and investors as the GTA prepares for a strategic recovery in 2026.
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Market Report | October 2025
Home sales in the Greater Toronto Area (GTA) were down year-overyear in October, while new listings were up. Market conditions continued to favour homebuyers, as average selling prices were negotiated down alongside lower mortgage rates. “Buyers who are confident in their employment situation and ability to make their mortgage payments over the long term are benefitting from affordable housing market conditions relative to the past few years. However, many intending homebuyers remain on the sidelines due to uncertainty about their economic future,” said TRREB President Elechia Barry-Sproule.
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Market Report | July 2025
TORONTO, ONTARIO, August 6, 2025 – The Greater Toronto Area (GTA) experienced the best home sales result for the month of July since 2021. Sales were also up relative to listings, suggesting a modest tightening in the market compared to last year. “Improved affordability, brought about by lower home prices and borrowing costs, is starting to translate into increased home sales. More relief is required, particularly where borrowing costs are concerned, but it’s clear that a growing number of households are finding affordable options for homeownership,” said Toronto Regional Real Estate Board (TRREB) President Elechia Barry-Sproule.
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Market Report | June 2025
The Greater Toronto Area (GTA) housing market experienced an improvement in affordability in June 2025 relative to the same period a year earlier. With sales down and listings up, homebuyers took advantage of increased inventory and negotiating power. “Looking at the GTA as a whole, homebuyers have certainly benefited from greater choice and improved affordability this year. However, each neighbourhood and market segment have their own nuances. Buyers considering a home purchase should connect with a REALTOR® who is knowledgeable about their preferred area and property type. In today’s market, working with a REALTOR® who brings expertise, the right tools, and a strong network is essential,” said Toronto Regional Real Estate Board President Elechia Barry-Sproule.
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Market Report | May 2025
TORONTO, ONTARIO, June 4, 2025 – The Greater Toronto Area (GTA) housing market experienced an improvement in affordability in May 2025 relative to the same period a year earlier. With sales down and listings up, homebuyers took advantage of increased inventory and negotiating power. GTA REALTORS® reported 6,244 home sales through TRREB’s MLS® System in May 2025
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Market Report | April 2025
April 2025 home sales in the Greater Toronto Area (GTA) followed the regular seasonal trend with an increase relative to March. However, total residential transactions were down compared to the same time last year, as potential buyers continue to wait for lower borrowing costs and certainty about the economy's trajectory. GTA REALTORS® reported 5,601 home sales through TRREB’s MLS® System in April 2025, marking a 23.3% decrease compared to April 2024. New listings amounted to 18,836, up by 8.1% year-over-year. The MLS® Home Price Index Composite benchmark was down by 5.4% year-over-year, with the average selling price at $1,107,463, down by 4.1% compared to April 2024. Elevated inventory levels provided substantial choice for households, resulting in lower average prices across market segment
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Market Report | March 2025
Explore the latest insights on the Greater Toronto Area housing market in March 2025, where affordability has improved but home sales have dropped sharply. This in-depth market report analyzes price trends, buyer behavior, interest rate expectations, and inventory growth, with expert commentary from TRREB. Learn how economic uncertainty, the upcoming federal election, and potential Bank of Canada rate cuts are shaping the GTA real estate landscape—and what it means for buyers, sellers, and investors.
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Market Report | February 2025
Toronto’s real estate market is facing a sharp decline in sales, rising inventory, and shifting buyer sentiment. In this in-depth analysis, we break down the latest TRREB data, exploring the impact of high interest rates, affordability challenges, and economic uncertainty on home prices and demand. With a potential Bank of Canada rate cut on the horizon, could the market be poised for a rebound? Stay ahead with expert insights on GTA housing trends, investment opportunities, and future market outlook.
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Market Report | January 2025
TORONTO, ONTARIO, FEBRUARY 5, 2025 – The Toronto Regional Real Estate Board’s (TRREB) Market Outlook and Year in Review report reveals that a well-supplied housing market will keep average annual home price growth at the rate inflation, with the average selling price increasing moderately in the Greater Toronto Area (GTA) over the course of the year.
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Market Report | DECEMBER 2024
Explore the 2024 Greater Toronto Area housing market trends in our latest report. Learn about the slight rise in home sales, significant increase in new listings, and how high borrowing costs shaped buyer behavior. Discover how Bank of Canada rate cuts impacted affordability and what lies ahead for 2025, including price trends in detached homes and condominiums. Stay informed on GTA real estate market insights and expert forecasts.
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Market Report | November 2024
Discover the latest insights on the Greater Toronto Area (GTA) housing market in our November 2024 Market Watch report. Learn about the significant surge in home sales, price trends, and market conditions. Get expert analysis from TRREB leadership and stay informed about the proposed rate cut for December, including the odds of a 25 bps or 50 bps cut. Stay ahead of the market trends and prepare for a promising 2025 with our comprehensive report.
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Market Report | October 2024
The October 2024 Greater Toronto Area (GTA) real estate market showed strong year-over-year growth, driven by a surge in home sales and increased buyer activity due to the Bank of Canada’s interest rate cuts. With GTA REALTORS® reporting a 44.4% rise in sales compared to October 2023 and a slight uptick in average home prices, market conditions have tightened, creating a more competitive landscape. New listings increased modestly, providing choices for buyers but keeping price growth moderate. Explore how improved affordability, economic trends, and policy measures are shaping the GTA housing and condominium markets.
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Market Report | September 2024
Greater Toronto Area (GTA) home sales surged in September 2024, marking an 8.5% increase from the previous year as buyers capitalized on favorable market conditions. The Toronto Regional Real Estate Board (TRREB) reports changes in mortgage lending guidelines and lower borrowing costs have sparked renewed interest in homeownership, especially among first-time buyers. With new listings up 10.5%, buyers now have more negotiating power, resulting in moderate price adjustments. Discover key insights into the GTA’s evolving real estate market, including economic indicators, interest rates, and market recovery trends.
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Federal Government Mortgage Reform Announcement
The Toronto Regional Real Estate Board (TRREB) welcomes the changes to mortgage rules announced by Deputy Prime Minister and Minister of Finance Chrystia Freeland.
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Market Report | August 2024
TORONTO, ONTARIO, September 5, 2024 – Greater Toronto Area (GTA) home sales were down on a year-over-year basis in August 2024. New listings were up slightly over the same period.
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Market Report | July 2024
July 4, 2024 – June 2024 home sales in the Greater Toronto Area (GTA) were lower compared to the same month last year, according to the Toronto Regional Real Estate Board (TRREB).
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Exploring The Rise Of Vertical Communities
For many, vehicles are required when running a circuit of errands to fulfill a variety of daily necessities. In the near future, all that will be needed is an elevator.
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7 Toronto Neighbourhoods Perfect for Young Families
As Canada’s largest city, each of Toronto’s neighbourhoods have a unique character that can appeal to a variety of people from students to young professionals, retirees, or families.
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Market Report | March 2024
March 2024 home sales reported through TRREB’s MLS® System were lower than the March 2023 result, due in part to the statutory holiday Good Friday falling in March this year versus April last year. Despite a better-supplied market compared to last year, there was enough competition between buyers to see a moderate increase in the average March home price compared to last year’s level.
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What Value-Retaining Features Should You Look For?
If you’re considering purchasing a new home, one of the key factors to consider is whether the home’s value will increase or decrease over the next several years to ensure you’re making a smart purchase.
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Neighbourhood Spotlight: Discovering Yorkville
Nestled in the heart of Toronto, Yorkville is a vibrant and upscale neighborhood that offers a unique blend of luxury living, cultural attractions, and a bustling urban atmosphere. Renowned for its high-end shopping, fine dining, and beautiful architecture, Yorkville is a sought-after destination for residents and visitors alike. In this detailed description, we will explore what makes Yorkville such a great place to live, highlighting its schools, amenities, and the overall charm of the neighborhood.
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How Lanterra Developments Came Up With the City’s Most Sophisticated Condo
With 50 Scollard, the developer set out to build something for the ages. At this point in the architecture history of downtown Toronto, with each new building aspiring to outshine what came before, it’s not easy to build something iconic. But when Lanterra Developments, the company behind much-praised projects like Ice Condominiums at York Centre, The Brit Residences at Bay and Wellesley and One Bedford, acquired 50 Scollard Street, they knew they had all the ingredients to make something special. The prime Yorkville location, at the corner of Bay and Scollard across from the Peter Clewes-designed Four Seasons Hotel and Residences Toronto, certainly demanded excellence and elegance.
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Toronto's Highest Values Neighbourhoods
Toronto has garnered quite the reputation among residents and visitors alike—and for good reason. Its landscape is comprised of a vibrant art sphere, burgeoning craft brewery scene, international film stage, and sought-after historical neighbourhoods. The most revered of these carry with them a few marked characteristics: innovative architecture, abundant amenities, and exceptional overall livability.
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