In September 2025, GTA home sales went up 8.5% year-over-year, while average prices dipped 4.7%. Compared to the previous month, sales were up 7.3% and prices were also up 3.6%, showing a nice Autumn bump.
Prices were lower than last year across all home types. Month over month, most segments improved, except townhomes which were steady. Better affordability may have boosted the sales of more expensive homes and condos while attracting more buyers in the same segments.
Along with the welcome rate cuts, ample listings continued to let buyers negotiate better compared to last year. Conversely, a softer labour market may have curbed what could have been a bigger rebound. If supply tightens into Q4, buyer leverage could narrow.