The Toronto real estate market gained momentum in September 2025, with home sales rising while prices continued to adjust. According to the Toronto Regional Real Estate Board (TRREB), a total of 5,592 homes were sold — up 8.5% from September 2024, and 2% higher than August on a seasonally adjusted basis.
Market Snapshot – September 2025
| Category | September 2025 | Change (YoY) |
|---|---|---|
| Total Home Sales (GTA) | 5,592 | ▲ 8.5% |
| Average Selling Price | $1,059,377 | ▼ 4.7% |
| Composite Benchmark Price | - | ▼ 5.5% |
| New Listings | 19,260 | ▲ 3.9% |
| Active Listings | 29,394 | ▲ 18.9% |
| City of Toronto — Sales | 2,063 | ▲ 13.2% |
Within the City of Toronto, 2,063 sales were recorded in September — a 13.2% increase from last year. Across the rest of the GTA, sales rose 5.9% to 3,529 transactions.
Market Insight
TRREB President Elechia Barry-Sproule said the September interest-rate cut gave buyers much-needed relief, improving mortgage affordability. Chief Analyst Jason Mercer added that if the Bank of Canada introduces two more 25-basis-point cuts, affordability will continue to improve, driving stronger housing activity into 2026.
Explore Toronto Real Estate Opportunities
Looking to explore today’s market? Check out:
With borrowing costs easing and inventory growing, the Toronto housing market is poised for a more balanced and active fall season — offering new opportunities for both buyers and investors.
