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Home prices are 10× average incomes—housing is voters' top issue across the GTA this election. Big Promises, Bigger Costs: Will They Build? The NDP vows 3M homes in 5 years—Liberals and Conservatives aim to double builds with strings attached.

Some GTA homes and lots are listed for $1 to attract attention amid uncertain market values. These $1 listings often involve unique properties, vacant lots, or combined homes with development potential.

GTA summer market offers more choices as listings increase, giving buyers better negotiation power. Buyers enjoy a balanced market with less urgency, allowing careful home selection.

GTA active listings hit 30,964 in Mid-Q2 — the highest level since at least August 2002. Home sales fell 13.3% yearly, despite a second consecutive monthly increase.

GTA home sales rose 11.5% in May 2025, hitting 6,244, while listings surged 15.8%. Average selling price increased 1.2% to $1,120,879, but remains 4% lower year-over-year.

1. Bickford Park – Median sold price: $1.3M – Median overbid amount: $201K 1. Bickford Park – Median sold price: $1.3M – Median overbid amount: $201K

Greater Toronto Area home sales rose 1.8% in April to 4,267 units after recent declines. Despite the monthly gain, sales were still down 23.3% compared to April 2024.

Toronto's construction costs are lower than Vancouver’s, particularly in residential and commercial sectors. In Toronto, the cost of concrete high-rise buildings is closer to $300 per sq. ft, lower than Vancouver.

Toronto home sales plunged 23.3% year-over-year in April 2025, amid economic fears and soaring new listings. Sales Plunge Detached: drop 21.7% Townhouses: fall by 22.9% Semi-detached: down 10% Condo: plunge 30%+