In April ’25, GTA real estate saw monthly sales and prices increase by 11.8% and 1.3%. Compared to last year, sales and prices declined by 23.3% and 4.1%.
Monthly sales volume growth skewed more towards non-condo home segments, which contributed to higher overall average price from last month. With high inventory levels and softened demand, the condo segment may be attractive to buyers interested in smaller units.
Confidence in economic stability, especially between Canada/US trade relations continues to impact buyer motivation. Still, more homes were available and buyers were able to take advantage of lower prices compared to last year.