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As the holiday season approaches, the GTA real estate market is set to finish the year with just over 60,000 sales, down from 70,275 in 2024. Average prices are trending lower, and many buyers are waiting for a stronger economic outlook.

📉 November home sales: 5,010 (-15.8% YoY)
📈 Active listings: 24,549 (+16.8% YoY)
🏠 Average price: $1,039,458 (-6.4% YoY)
Condos saw sales decline 20% with prices down only 3.8%.

Stronger-than-expected economic data and new infrastructure projects may boost buyer confidence moving forward. Wishing you a wonderful holiday season! 🎄

📞 Mesfun Haile | (647) 718-6269 | [email protected]