latest market report for Toronto...

Welcome to the vibrant city of Toronto! As of the latest census, approximately 6,491,290 people call this diverse and dynamic city home. While exact homeownership rates vary across neighborhoods, Toronto is known for its strong mix of homeowners and renters. With an average age of 39, the population is well established, consisting of professionals, families, and newcomers from around the world. The city comes alive during weekends and holidays, with bustling markets, festivals, and cultural celebrations across its many districts. Throughout 2025, approximately 25,000 homes have been sold in the Greater Toronto Area, with an average selling price of $1,107,463. The lowest recorded sale was a condo apartment priced at $609,536, while the highest was a detached home in Toronto Central selling for $1,723,489. This range highlights the city's diverse housing market, offering options for various budgets and lifestyles. Despite some market fluctuations, Toronto continues to present opportunities for both buyers and sellers in its ever-evolving real estate landscape.