Toronto Housing Market Update – September 2025
The Greater Toronto Area housing market showed renewed strength in September, with sales activity rising 8.5% compared to last year and 7.3% compared to August. The average selling price reached $1,059,377, supported by elevated inventory levels that continue to give buyers more negotiating power.
Lower interest rates are improving affordability, bringing more households back into the market. Detached homes and condos led the gains, while overall inventory remains well above historical averages—creating opportunities for those ready to buy.
Looking ahead, market conditions may tighten further if additional rate cuts materialize.
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