September 2025 Market Update

As we welcome the fall season, the Greater Toronto Area (GTA) housing market continues to show steady momentum. The September 2025 TRREB Market Snapshot highlights the latest trends in prices, sales, and listings across the GTA.

📊 Market Highlights

• Home Sales: GTA REALTORS® reported 5,592 sales through TRREB’s MLS® System — up 8.5% compared to September 2024.
• New Listings: 19,260 new listings were added to the market, a 3.9% year-over-year increase, keeping inventory levels healthy for buyers.
• Average Price: The average selling price across the GTA was $1,059,377, down 4.7% from last year.

💡 Market Insights
Home sales have improved from last year, but activity is still quieter than usual for a region as large as the GTA. The Bank of Canada’s recent rate cut has already made borrowing a bit easier, giving some buyers more breathing room in their budgets. If rates continue to come down, it could help more people afford homes and bring fresh energy to the market this fall.

🍁 Looking Ahead
As we move deeper into the season, balanced conditions and stable borrowing costs are setting the stage for a steadier market. While affordability remains a challenge for many, gradual rate adjustments and increased housing supply continue to offer cautious optimism for both buyers and sellers.

If you’d like to chat about what these trends might mean for you, I’d be happy to share some insights. Feel free to reach out anytime — I always enjoy connecting and hearing your thoughts.