Dear Valued clients,

Across Canada, home sales increased by 5.2%, with 39,700 units sold in September 2025, compared to 37,721 in 2024, while 91,969 new listings were added in September 2025 that meant an increase by 8%, compared to 85,157 in 2024, according to the CREA Snapshot for September, when Ontario was the only jurisdiction to record a drop in price by -2.9% compared to the month the previous year.

 We are presenting to you the latest fact-checked summary insights into the current real estate situation for your review of trends in real estate across GTA. 

This month in the GTA real estate market, conditions are clearly tilting in favor of buyers. Home sales in October 2025 dropped 9.5% year-over-year, according to Toronto Regional Real Estate Board (TRREB), while new listings grew by 2.7%. With more inventory on the market—active listings reportedly rose about 17% compared to last year—buyers are regaining leverage. At the same time, average selling prices are declining: the GTA average was $1,054,372 in October, down 7.2% from a year ago. The prospective sellers, who have leverage to wait for the market to lean in their favor, may be better off after a few more months when the supply is expected to taper off. 

Part of what’s driving this buyer’s advantage is improved affordability: mortgage payments for an average-priced home have dropped, helped by lower interest rates, with the latest cut to 2.25% early this month, and softer home prices. Among property types, lower-density homes like detached and townhouses are seeing the steepest price corrections, while condos are holding up better—but with a well-supplied condo inventory, buyers still have room to negotiate. Still, there is no denying that uncertainty hovers around a big cloud over the market for which buyers need to remain cautious. We are here to help you in this regard!

Our team at the Everest Realty Ltd Brokerage is currently researching for providing you packaged information specific to your needs, such as housing information around clustering certain community-area dwellings in timely manner so that you can make an evidence-based decision. Please stay tuned! 

Thank you.

Sincerely,
MISSISSAUGA – Broker of Record House
Unit #2 – 735 Twain Ave, Mississauga, ON L5W 1X1