The Toronto Regional Real Estate Board releases monthly market updates for the GTA region. These include housing costs, sales, YOY change, and more. Buyers, sellers, and Canadian realtors use this information to understand the market conditions. However, the information can be complex, so Dhesirealestate helps you in simplifying monthly market trends. November housing trends show low activity and a decline in sales. Let’s give you a glimpse of what the GTA housing market looks like in 2025:
GTA Housing Market Trends December 2025
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The annual average selling price in the GTA is $1,067,968 in 2025, which is 4.7% in comparison to 2024.
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The 3,697 new homes were sold, down by 8.9%, and 5,299 new listings were added, up by 1.8% YoY in December 2025.
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The annual new listings are 186,753, up by 10.1% YoY in 2025.
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December sales decline from November 2025
What’s in it for investors, buyers, or sellers?
The new GTA housing market trends released by TRREB have some insights for investors and buyers. December has reduced sales, but the overall market is stabilized. Here’s what investors or sellers can do:
For sellers:
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Sellers have to put listings with smart pricing rather than giving in to high market prices. Smart pricing can bring better results.
For investors or buyers:
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Investors should make informed investments in the coming months. Market prices are still high, but there is a chance for long-term investment.
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Improved stability in the market has given new confidence and buyer leverage. So, invest with preparation.
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The market is expected to improve slightly with new listings.
Market Highlights November 2025
These are the key market highlights that can assist you in analyzing the market conditions:
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5,010 homes are sold throughout the month with -15.8% YoY.
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The new listings, currently at 11,134, have been reduced by –4.0% YoY.
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A total of 2,296 detached homes, 485 semi-detached homes, 867 townhouses, and 1,299 condo apartments were sold throughout the month.
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Each type of home is sold at an average price ranging from $600k to $1m.
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The average price is $1,039,458 in November 2025, with a –6.4% YoY.
What are the current factors that influence these trends?
The housing market in Canada is influenced by a number of factors. Property prices fluctuate when the following factors change:
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Continuous inflation: The housing market continues to face limited supply and buyers due to high inflation. Even after the level of inflation is reduced from its peak, the bills are still high. Income growth and inflation have a gap that limits purchasing power.
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Affordability gap: The limited supply in the housing market in Canada has created a large affordability gap. This resulted in high prices and low sales. November data indicated the same trend followed by the year-end.
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Lack of new listings: Considering the current market conditions, sellers are either holding up or struggling to set the right price. So, the market witnesses low data in new listings. This creates a gap in demand and supply, adding to the housing crisis.
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Mortgage rates: The mortgage rates are still higher, so people with limited income or a single income find it difficult to pay. Some do not even qualify for the mortgage. This also reduced buyers in the market.
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Market fatigue: With the continuous months of housing crisis and constant inflation, the buyers and sellers have been burned out. This market fatigue has been affecting trends that you can see in stagnant GTA housing market trends in November 2025.
What can buyers and sellers expect in the coming year?
As we are heading to a new year, the buyers and sellers can expect these in Canadian housing market:
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Increase in listings: The homeowners are waiting for the new year to list new homes. The year ending has been slow; mostly homeowners hold listings at this time. So, you can expect new listings in the first few months of 2026.
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Price stabilizing: This year, rate cuts have been announced by BOC (Bank of Canada). More infrastructure programs have been announced by the federal government in the budget. So, next year buyers can expect price stabilization that will open a window for investments.
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Continued caution: Buyers will continue to take slow steps due to factors like income growth, employment, inflation, and more. Even after an ease in prices, new listings, or supply, buyers will be cautious to invest in the Toronto housing market.
Tips for buyers and sellers
Whether you are a buyer or a seller, these are some of the tips to follow for better returns:
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Market research: Rather than believing in a single source of news or information. It's better to research from a few credible sources. It will give you an idea about investments, market trends, risks, and possible situations.
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Expert advice: The Canadian property market is complex, especially today. So, rather than risking your money, it's better to take a consultation for a good realtor. It will help you move in the right direction and help you with the buying or selling process.
Check Dhesirealestate to help you right away!
Conclusion
The November market data released by TRREB shows activity; however, sales continue to decline. There are reasons like inflation, supply, and more. One of the reasons for a slow month is year-end; you are likely to see a change in the Canadian housing market in 2026.
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