NOVEMBER 2025 UPDATE: GTA & DURHAM REGION REAL ESTATE MARKET
Posted by Dan Plowman on
NOVEMBER 2025 UPDATE: GTA & DURHAM REGION REAL ESTATE MARKET
November saw a quieter month across the Greater Toronto Area as many buyers continued to wait for more economic certainty. While borrowing costs remain more favourable than the past few years, confidence is still building — keeping demand below typical levels for this time of year.
GTA Market Insights
GTA REALTORS® reported 5,010 home sales in November 2025, down 15.8% compared to November 2024. New listings also declined year-over-year to 11,134 (↓ 4%), keeping market conditions well-supplied but not excessively so.
The average selling price reached $1,039,458, down 6.4% annually, while the MLS® HPI Composite benchmark decreased 5.8% year-over-year. On a seasonally adjusted basis,…
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