The Greater Toronto Area’s housing market mirrored national trends at the close of 2025, experiencing a slowdown in December. According to the Canadian Real Estate Association (CREA), national home sales dipped 2.7% month-over-month, contributing to an overall 1.9% decrease in transactions compared to 2024, totaling 470,314 units. The MLS Home Price Index also saw a yearly decline of 4%, with the national average home price settling at $673,335. While new listings were up year-over-year, they remained below the long-term average.
Despite the year-end chill, industry experts anticipate a potential spring market rebound fueled by pent-up demand and relatively stable interest rates. Factors that affected the market in 2025 included US tariffs and economic uncertainty, but there is optimism for a more active market in the coming months. To delve deeper into the national figures and expert predictions, check out the original article on mpamag.com.
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