Toronto Real Estate Market Update | January 2025

Let's talk about Toronto Real Estate!

The Toronto real estate market started 2025 with increased supply and moderate price growth. According to the latest data from TRREB, there were 3,847 home sales in January, down 7.9% from last year. However, new listings surged by 48.6%, indicating more inventory for buyers. The average home price reached $1,040,994, up 1.5% year-over-year.

Lower borrowing costs are expected to bring more buyers back into the market, but economic uncertainty and trade disruptions could impact consumer confidence.

Where is the market heading next? Watch Alex’s latest video for a full breakdown of the numbers and expert insights on what’s happening in Toronto real estate.

If you want to know more about what’s going on in your neighbourhood or one you’re interested in, book a time to chat - we’re here to help.

Alex + Elaine

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