The Toronto housing market saw a significant shift in March 2025, with active inventory in the GTA rising 88.8% year-over-year, according to the Toronto Regional Real Estate Board (TRREB). This influx of new listings presents both opportunities and challenges, depending on whether you're looking to buy or sell.
Key March 2025 GTA Market Stats:
Average GTA Home Price: $1,093,254
Detached Homes: $1.44M (23 DOM)
Condo Apartments: $682K (32 DOM)
Townhomes: $1M average price
Sales Activity: 5,011 sales (down 23.1% YoY)
New Listings: Up 28.6% YoY
What This Means for Sellers
With more homes hitting the market, sellers need to stand out. Strategic pricing, strong marketing, and working with an experienced Realtor are more critical than ever. The good news? Homes are still moving — especially well-presented detached properties and semi-detached homes in key neighborhoods.
What This Means for Buyers & Investors
Affordability has improved. Mortgage rates are easing, prices have stabilized, and buyer negotiating power is growing. With talk of further interest rate cuts this spring, now could be the time to secure a property before demand picks up again.
Whether you're thinking of selling or buying, market timing matters.
To A Good Life,
Sam
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