The Greater Toronto Area (GTA) real estate market is kicking off 2025 with promising signs for both buyers and sellers. With new listings surging 48.6% year-over-year and average home prices up 1.5% compared to last year, the stage is set for a busy and competitive market season.
Why Now is the Time to Sell
Sellers, take note: lower borrowing costs are motivating buyers to step off the sidelines. Detached homes remain highly sought after, averaging $1.38 million. Listing your property now ensures you capitalize on strong demand and competitive pricing.
Opportunities for Buyers and Investors
The forecast for 2025 predicts a 2.6% rise in average selling prices, making this the ideal moment to secure a new home or investment property. Condos remain well-supplied, providing attainable options for first-time buyers and investors alike.
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Toronto Real Estate Market Update 2025: Key Opportunities for Buyers, Sellers, and Investors
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