As we head into the holiday season, the Greater Toronto Area (GTA) real estate market is slowing down a bit compared to last year. November saw about 5,010 home sales, down around 16% from 2024, and the average home price was roughly $1,039,458. This shows the market is calming after several years of fast price growth. www.trreb.ca

Home prices for different types of properties have leveled off slightly, giving buyers more options and fewer bidding wars. Inventory is up, meaning there are more homes on the market, and negotiations are becoming easier for buyers. www.wowa.ca

Even with this slowdown, demand remains strong because Toronto continues to grow and rental spaces are still in high demand. While interest rates and the economy affect buying decisions, the overall picture shows a stable market as we finish 2025. www.dashpm.ca

Looking ahead, the start of 2026 may bring new opportunities for both buyers and sellers. With the market less frantic, now is a good time to plan, research, and consider your next steps, whether that’s selling, buying, or simply keeping an eye on trends.