MARCH 2025 UPDATE: THE GTA & DURHAM REGION REAL ESTATE MARKET
Posted by Dan Plowman on
As spring approaches, signs of improving affordability and increased inventory are shaping the real estate market in the Greater Toronto Area (GTA) and Durham Region. While sales volume is still lower than last year, more listings and stabilized pricing are creating new opportunities for buyers. Let’s explore the latest insights and key statistics from March 2025.
GTA Market Insights
The Toronto Regional Real Estate Board (TRREB) reports 5,011 home sales in March 2025 — a 23.1% decline from the same time last year. However, the number of new listings climbed by 28.6% year-over-year, giving buyers more selection than we’ve seen in recent months. The average selling price across the GTA was $1,093,254, down 2.5% from March 2024, and relatively flat…
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