FEBRUARY 2025 UPDATE: THE GTA & DURHAM REGION REAL ESTATE MARKET
Posted by Dan Plowman on
As we move deeper into 2025, the Greater Toronto Area (GTA) and Durham Region real estate markets continue to evolve. February saw a significant rise in available inventory, while home sales softened compared to last year, creating a favorable environment for buyers. Let’s dive into the latest trends and key statistics from February 2025.
GTA Market Insights The Toronto Regional Real Estate Board (TRREB) reports that 4,037 home sales occurred in February 2025, representing a 27.4% decline from the same period last year. Meanwhile, new listings increased by 5.4% year-over-year, offering buyers more choices. The average selling price across all home types was $1,084,547, marking a 2.2% decrease compared to February 2024.
Experts anticipate a…
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