Here’s a summary:

Greater Toronto Area (GTA) home sales in October 2025 were down 9.5% compared to October last year. On a seasonally adjusted basis, sales dropped 2.3% from September.

New listings increased 2.7% year-over-year to 16,069, while active listings rose 17.2% to 27,808.

The benchmark index for prices fell 5% from last year, and the average selling price dropped 7.2% to $1,054,372. Month-over-month, the average price was down 1.4%.

Detached home prices averaged $1,355,506 (down 7.3%) and condo prices averaged $660,208 (down 4.7%) compared to last year.

Lower prices and interest rates are helping some buyers, but many remain on the sidelines due to economic uncertainty.

The market is expected to rebound once there is greater economic confidence, including stability in trade with the U.S. and China.

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