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Toronto housing ends 2025 on downswing, but recovery could come this year: board
Greater Toronto Area home sales fell 11.2% in 2025 with new listings up 10.1%, as economic uncertainty and trade tensions impacted consumer confidence, says TRREB.
- On Jan. 7, 2026, the Toronto Regional Real Estate Board reported December 2025 home sales totaled 3,697, down 8.9% from December 2024.
- Amid persistent economic uncertainty, economic uncertainty weighed on the GTA housing market throughout the year, and trade tensions with the US, including tariffs and threats by US President Donald Trump, discouraged big investments.
- The MLS composite benchmark price was down 6.3% year-over-year in December 2025, and the average selling price in December was $1,006,735, down 5.5%.
- TRREB President Daniel Steinfeld said improved affordability from lower borrowing costs `has set the market up for recovery` in 2026, while Jason Mercer, TRREB Chief Information Officer, said trade ties and projects will boost sales as households seek employment security.
- New listings amounted to 186,753, up 10.1% year-over-year, and listing inventory rose 5.5% in December, giving buyers opportunities to negotiate lower selling prices.
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35 Articles
35 Articles
Real estate sales in the Greater Toronto Area fell again year-on-year last month, with buyers remaining on the sidelines, as they did for most of the year, due to a lack of confidence in the economy.
·Montreal, Canada
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Coverage Details
Total News Sources35
Leaning Left20Leaning Right1Center5Last UpdatedBias Distribution77% Left
Bias Distribution
- 77% of the sources lean Left
77% Left
L 77%
C 19%
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