Apr 2025 GTA Market Watch

According to TRREB, GTA REALTORS® reported 5,601 home sales through the MLS® System in April 2025, down 23.3 percent compared to April 2024.

New listings entered into the MLS® System amounted to 18,836, up by 8.1 percent year-over-year. On a seasonally adjusted basis, April sales edged up slightly compared to March 2025.

The MLS® Home Price Index Composite benchmark declined by 5.4 percent year-over-year. The average selling price was $1,107,463, down 4.1 percent compared to April 2024. On a seasonally adjusted month-over-month basis, the average selling price was down.

Inventory remained elevated in April, offering buyers more choice and increased negotiating power. According to TRREB, lower home prices combined with gradually declining borrowing costs led to improved affordability across market segments.