OCTOBER 2025 UPDATE: GTA & DURHAM REGION REAL ESTATE MARKET

October brought cooler conditions across the Greater Toronto Area as sales dipped and listings edged higher. Buyers continued to benefit from softer prices and lower borrowing costs, while sellers adjusted to a more competitive fall market environment.

GTA Market Insights
GTA REALTORS® reported 6,138 home sales in October 2025, down 9.5% compared to October 2024. New listings rose modestly year-over-year to 16,069 (↑ 2.7%), continuing the trend of increased supply relative to demand.

The average selling price reached $1,054,372, down 7.2% from last year, while the MLS® HPI Composite benchmark fell 5%. On a month-over-month, seasonally adjusted basis, both sales and new listings declined…

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September saw another year-over-year increase in home sales across the Greater Toronto Area as more buyers returned to the market following the Bank of Canada’s recent interest rate cut. While demand improved, buyers continued to leverage the abundant supply of listings to negotiate on price, keeping overall market conditions balanced heading into the fall season.

GTA Market Insights
GTA REALTORS® reported 5,592 home sales in September 2025, up 8.5% compared to September 2024. New listings also increased, reaching 19,260 (↑ 4% year-over-year), continuing to provide buyers with strong selection.

The average selling price came in at $1,059,377, down 4.7% annually, while the MLS® HPI Composite benchmark fell 5.5% year-over-year. On a seasonally adjusted…

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August delivered another year-over-year sales increase across the Greater Toronto Area, but buyers continued to benefit from ample supply. With listings outpacing sales growth, prices held flat month-to-month while trending lower than last year. The result: more negotiating room for buyers, but opportunity for sellers who price competitively.

GTA Market Insights

GTA REALTORS® reported 5,211 home sales in August 2025, up 2.3% compared to August 2024. New listings rose more quickly, hitting 14,038 (↑ 9.4%).

The average selling price came in at $1,022,143, down 5.2% annually, while the MLS® HPI benchmark also declined 5.2% year-over-year. On a seasonally adjusted basis, both prices and the HPI were flat compared to July, suggesting stability…

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Labour Day isn’t just about BBQs and back-to-school sales—it’s the secret weekend designers use to flip their homes from summer to fall. The best part? You don’t need a huge budget to pull it off. With just a few on-trend swaps, your  home can look like it belongs in a magazine. Here are the décor updates everyone’s talking about right now.

1. The Colour Swap That Instantly Feels High-End

Trade in summer brights for rich, moody tones—think terracotta, olive, and chocolate brown. These shades are everywhere in fall décor guides, and they instantly make your home feel more sophisticated.

2. The Luxe Layer Trick Designers Don’t Want You to Miss

Want a living room that looks styled by a pro? Stack textures. A chunky knit over leather, linen…

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As families across Durham Region settle into another school year, one truth in real estate becomes clear: homes near top-rated schools consistently hold their value. Whether you’re buying in Whitby, Pickering, Ajax, Oshawa, Uxbridge, or Port Perry, school zones are one of the biggest factors influencing property demand and resale value.

The Connection Between Schools and Real Estate Value

When buyers begin searching for a home, proximity to highly ranked schools often tops the list of priorities. Even buyers without children understand the long-term investment benefits. Properties in strong school catchments typically:

  • Sell faster and at higher prices

  • Attract more competition, even in slower markets

  • Provide long-term…

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The way people shop for homes has changed dramatically in recent years. Technology has opened the door (literally) to new ways of exploring properties, and one of the biggest shifts has been the rise of virtual tours. But while scrolling through a home on your phone or laptop has its advantages, nothing quite compares to standing inside a space and experiencing it for yourself.

So, which option is better: virtual tours or in-person showings? Let’s break it down from the perspective of home buyers and sellers in Durham Region.

The Rise of Virtual Tours

Virtual tours have become increasingly popular, especially since the pandemic accelerated the need for contactless home viewing. In Durham Region, where the market moves quickly, buyers appreciate…

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 Affordability continued to improve in June, helping more buyers enter the market with confidence. While average prices and borrowing costs remain lower than last year, many buyers are still cautious, keeping overall sales volume slightly below 2024 levels. That said, inventory is tightening month-over-month, giving sellers a subtle edge in well-positioned areas.

GTA Market Insights

GTA REALTORS® reported 6,243 home sales in June 2025—a modest 2.4% drop compared to June 2024. New listings reached 19,839, up 7.7% year-over-year. The average selling price across the GTA was $1,101,691, down 5.4% annually. The MLS® HPI benchmark fell 5.5% year-over-year.

Month-over-month, however, sales increased and listings decreased, tightening the market and…

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May delivered improved affordability across the GTA, giving buyers more opportunity and leverage. Sales rose month-over-month but remained lower than this time last year, reflecting a market still tempered by economic uncertainty. Inventory continues to build, creating more choice for buyers and encouraging measured optimism among sellers.

GTA Market Insights
GTA REALTORS® reported 6,244 home sales in May 2025, a 13.3% decline from May 2024. However, inventory surged with 21,819 new listings—up 14% year-over-year. The average selling price in the GTA was $1,120,879, down 4% annually, while the MLS® HPI benchmark dipped 4.5%.

Despite the year-over-year slowdown, sales increased for the second month in a row, indicating that some buyers are stepping…

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April followed seasonal trends with a rise in sales compared to March. However, year-over-year numbers show continued buyer hesitation as many wait for further rate cuts and economic clarity following the federal election. With improved selection and signs of affordability returning, both buyers and sellers are weighing their next moves carefully.

GTA Market Insights
TRREB reported 5,601 home sales in April 2025—a 23.3% drop from April 2024. However, the number of new listings reached 18,836, up 8.1% year-over-year, providing buyers with more options. The average selling price in the GTA was $1,107,463, down 4.1% annually, and lower month-over-month as well. The MLS® HPI benchmark was also down by 5.4% year-over-year.

Buyers continued to benefit from…

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Deciding between a condo and a house is a big step in your home-buying journey. In Durham Region, both options offer unique advantages. Here’s how to decide which one fits your lifestyle, budget, and long-term goals best.

 

1. Lifestyle and Maintenance
Condos are ideal for low-maintenance living—perfect for professionals, retirees, or those who travel often. Maintenance, landscaping, and even some utilities are taken care of through condo fees. Houses, while offering more autonomy and space, require more hands-on upkeep—think snow shoveling, lawn care, and repairs. If you're busy or prefer simplicity, the condo lifestyle might be more suitable.

2. Location and Amenities
Condos in areas like downtown Whitby, Pickering, and parts of Oshawa offer…

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