Ontario's housing market in October 2025 saw average home prices decline by 6.3% year-over-year to $777,800, with single-family homes, townhouses, and condos all experiencing price drops. Sales fell 5.7% amid record new listings, increasing inventory and balancing the market. Average rent decreased by 2.2%. Regional variations showed stronger markets in Eastern and Northern Ontario, while Central and Northeastern areas faced slowdowns. Mortgage rates remain low, supporting buyer activity.
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