10/04/2025
📈 Signs of Recovery: GTA Home Sales Rise as Buyers Re-Engage
Market momentum is building across the Greater Toronto Area as lower interest rates and a surge in inventory create ideal conditions for motivated buyers.
💰 The average sale price climbed 3.6% month-over-month to $1,059,377, marking a renewed sense of confidence in the market.
📊 Sales activity picked up with 5,592 homes sold in September, a 7.3% increase from August and 12% higher than last year.
🏠 Detached homes averaged $1.36M, with a 10% boost in sales and growing inventory now at 13,684.
🏢 Condo prices ticked up to $655K, with 1,437 sales, while supply remains high at 9,233 listings.
🏘️ Townhome prices held steady at 860K as sales rose 4%, even with a 12% jump in available listings.
📊 Total inventory reached 29,394, 72% above the 10-year average, giving buyers more selection and leverage than we’ve seen in years.
📍Ready to explore what’s possible in this evolving market? Let us connect you with one of our trusted real estate professionals.
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