What's happening in the real estate market this season. 🍂
Can you believe this weather?
It feels like summer just doesn’t want to let go, even though fall is in full swing! While the sunshine’s still heating things up outside, you might be wondering — is the real estate market heating up too or are we going to see a continued cool-down?
Home sales through TRREB's MLS® System
GTA REALTORS® reported 5,592 home sales through TRREB’s MLS® System in September 2025 – up by 8.5% compared to September 2024. New listings entered into the MLS® System amounted to 19,260 – up by 4% year-over-year.
“The Bank of Canada’s September interest rate cut was welcome news for homebuyers. With lower borrowing costs, more households are now able to afford monthly mortgage payments on a home that meets their needs. Increased home purchases will also stimulate the economy through housing-related spin-off spending helping to offset the impact of ongoing trade challenges,” said Toronto Regional Real Estate Board (TRREB) President Elechia Barry-Sproule.
Sales Activity
“While home sales have improved over the past year, they still remain below normal levels relative to the number of households in the GTA. Two more 25-basis-point interest rate cuts by the Bank of Canada would see monthly mortgage payments move more in line with homebuyers’ average incomes, further spurring home sales and related economic activity,” said TRREB Chief Information Officer Jason Mercer.
Buyers
For Buyers:The Toronto Real Estate Market is leaning in buyers’ favour right now. With plenty of homes to choose from, buyers are negotiating more and seeing prices adjust downward. If you’ve been waiting for the right moment to make a move, this might be your window — more choice, more flexibility, and more opportunity to find the perfect home.
Sellers
For Sellers:For sellers, the key to success in today’s market is all about strategy. Homes that are priced right and show beautifully are attracting attention and selling faster. On the flip side, listings priced too high tend to sit longer and invite lower offers. The good news? With the right pricing, presentation, and marketing plan, your home can truly stand out and sell with confidence.
Next Steps
Whether you’re thinking about buying or selling, you want to work with someone who truly knows the ins and outs of a tougher market. Having an expert in your corner can make all the difference. I am here to guide you through each step of a shifting market and can help you make smart decisions ensuring you get the best possible outcome. If you’re ready to explore your options or just want to understand what’s happening in your neighbourhood, reach out today.