GTA Market Statistics & Updates - October 2025

Stay informed with the latest real estate market data and insights from the Toronto Regional Real Estate Board (TRREB). 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.

October 2025 Market Overview

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.

Key Statistics

Residential Sales

Total Residential Transactions: 6,138 in October 2025
Year-over-Year Change: Down 9.5% compared to October 2024 (6,784 sales)
Month-over-Month: Down 2.3% from September 2025 (6,281 sales)

Average Selling Price

October 2025: $1,054,372
Year-over-Year Change: Down 7.2% from October 2024 ($1,135,694)
Month-over-Month: Down 1.4% from September 2025 ($1,062,441)

New Listings

Total New Listings: 16,069 in October 2025
Year-over-Year Change: Up 2.7% compared to October 2024 (15,646 listings)

Market Balance

Sales-to-New Listings Ratio: 38% in October 2025
Year-over-Year Change: Down 11.6% from October 2024 (43%)

Days on Market

Property Days on Market: 50 days in October 2025
Year-over-Year Change: Up 16.3% from October 2024 (43 days)
Listing Days on Market: 31 days in October 2025
Year-over-Year Change: Up 14.8% from October 2024 (27 days)

Price Analysis

On a month-over-month seasonally adjusted basis, the MLS® HPI Composite was essentially flat compared to September. The average selling price was down compared to September.

MLS® HPI Composite Benchmark: -5.0% year-over-year in October 2025
Average Selling Price: $1.05M (Down 7.2% from October 2024)

Expert Insights

Market Outlook

The GTA housing market continues to adjust to higher borrowing costs and economic uncertainty. While sales activity remains below historical norms, the increased supply of listings and longer selling times have created opportunities for well-qualified buyers. The market is expected to remain balanced in the near term, with price growth remaining moderate.

View comprehensive charts and detailed market analysis: Visit our Market Statistics page for interactive charts and in-depth analysis.

Source: Toronto Regional Real Estate Board (TRREB)