📊 September 2025 Toronto Market Update
The Toronto housing market saw a surge in sales this September, but prices continue to trend downward — raising important questions for buyers and sellers.
Key Highlights:
GTA home sales jumped 8.5% year-over-year, with 5,592 homes sold.
The Bank of Canada’s recent rate cut lowered borrowing costs, improving affordability for many buyers.
New listings rose 4% YoY, with over 19,000 properties hitting the market.
The average selling price was $1,000,000, down 4% compared to last year.
The Home Price Index dropped 5.5% month-over-month.
📈 Compared to August, sales activity increased while new inventory dipped slightly — hinting at tightening conditions in some GTA pockets.
💡 What it means for you:
Buyers → Improved affordability and more choice create opportunities to negotiate.
Sellers → Pricing and marketing strategy are more important than ever in today’s market.
Whether you’re buying or selling, understanding these market shifts is key to making informed decisions.
📍 Want tailored advice? Connect with us today.