Home sales in the Greater Toronto Area declined by 11.2% in 2025 amid economic uncertainty, with 62,433 homes sold. New listings increased by 10.1%, reaching 186,753, leading to improved affordability. The average selling price dropped 4.7% to $1,067,968. December saw a 6.3% decline in benchmark prices and a 5.1% drop in average selling price to $1,006,735. Economic confidence and tax relief are seen as key to market recovery.
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