Explore the latest insights on the Greater Toronto Area housing market in March 2025, where affordability has improved but home sales have dropped sharply. This in-depth market report analyzes price trends, buyer behavior, interest rate expectations, and inventory growth, with expert commentary from TRREB. Learn how economic uncertainty, the upcoming federal election, and potential Bank of Canada rate cuts are shaping the GTA real estate landscape—and what it means for buyers, sellers, and investors.

Toronto’s real estate market is facing a sharp decline in sales, rising inventory, and shifting buyer sentiment. In this in-depth analysis, we break down the latest TRREB data, exploring the impact of high interest rates, affordability challenges, and economic uncertainty on home prices and demand. With a potential Bank of Canada rate cut on the horizon, could the market be poised for a rebound? Stay ahead with expert insights on GTA housing trends, investment opportunities, and future market outlook.

TORONTO, ONTARIO, FEBRUARY 5, 2025 – The Toronto Regional Real Estate Board’s (TRREB) Market Outlook and Year in Review report reveals that a well-supplied housing market will keep average annual home price growth at the rate inflation, with the average selling price increasing moderately in the Greater Toronto Area (GTA) over the course of the year.

Explore the 2024 Greater Toronto Area housing market trends in our latest report. Learn about the slight rise in home sales, significant increase in new listings, and how high borrowing costs shaped buyer behavior. Discover how Bank of Canada rate cuts impacted affordability and what lies ahead for 2025, including price trends in detached homes and condominiums. Stay informed on GTA real estate market insights and expert forecasts.

Discover the latest insights on the Greater Toronto Area (GTA) housing market in our November 2024 Market Watch report. Learn about the significant surge in home sales, price trends, and market conditions. Get expert analysis from TRREB leadership and stay informed about the proposed rate cut for December, including the odds of a 25 bps or 50 bps cut. Stay ahead of the market trends and prepare for a promising 2025 with our comprehensive report.

Toronto is a city of unparalleled dining options, a thriving arts and entertainment scene, and a multicultural demographic with more than half of its population hailing from outside the country. It even has an airport in the downtown core.