Home Trends From Ernie Ward

Ernie Ward

GTA REALTORS ® RELEASE OCTOBER STATS OAKVILLE MISSISSAUGA

AVG. SALE PRICE Single Family Dwelling $1,768,562

AVG. SALE PRICE Condo/Townhouse $801,167

AVG. SALE PRICE Single Family Dwelling $1,359,014

AVG. SALE PRICE Condo/Townhouse $733,475

ACTIVE LISTINGS 1,247

DAYS ON MARKET 33

ACTIVE LISTINGS 2,505

DAYS ON MARKET 31

TORONTO, ONTARIO, November 5, 2025 – Home sales in the Greater Toronto Area (GTA) were down year-over-year in October, while new listings were up. Market conditions continued to favour homebuyers, as average selling prices were negotiated down alongside lower mortgage rates. “Buyers who are confident in their employment situation and ability to make their mortgage payments over the long term are benefitting from affordable housing market conditions relative to the past few years. However, many intending homebuyers remain on the sidelines due to uncertainty about their economic future,” said TRREB President Elechia Barry-Sproule. GTA REALTORS® reported 6,138 home sales through TRREB’s MLS® System in October 2025 – down by 9.5 per cent compared to October 2024. New listings entered into the MLS® System amounted to 16,069 – up by 2.7 per cent year-over-year. Source: Toronto Regional Real Estate Board | Market values stated are of the average of Toronto and surrounding region. Individual home market values will vary and are affected by factors such as location, size, interior and exterior condition. Please call to get an up-to-date evaluation of your home.

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