{"id":880,"date":"2025-12-17T09:01:12","date_gmt":"2025-12-17T14:01:12","guid":{"rendered":"https:\/\/www.realestategtatoday.ca\/index.php\/2025\/12\/17\/gta-housing-market-holding-pattern-before-spring-rally\/"},"modified":"2025-12-17T09:01:12","modified_gmt":"2025-12-17T14:01:12","slug":"gta-housing-market-holding-pattern-before-spring-rally","status":"publish","type":"post","link":"https:\/\/www.realestategtatoday.ca\/index.php\/2025\/12\/17\/gta-housing-market-holding-pattern-before-spring-rally\/","title":{"rendered":"GTA Housing Market: Holding Pattern Before Spring Rally?"},"content":{"rendered":"

According to the Canadian Real Estate Association (CREA), Canada’s housing market is currently in a “holding pattern.” November saw a slight dip in home sales (down 0.6% from October and 10.7% year-over-year) and a 0.4% decrease in the Home Price Index. The average national home price sits at $682,219, a 2% decrease from 2024. <\/p>\n

However, CREA anticipates a spring rebound, fueled by pent-up demand from first-time buyers (particularly the large 25-35 year old demographic, with 85% aspiring to homeownership) and anticipated stability in interest rates. CREA’s senior economist Shaun Cathcart suggests that sellers offered price concessions in November to close deals before year-end. While a minor price drop is normal at this time of year, the November dip was slightly more pronounced than expected, even after seasonal adjustments. <\/p>\n

Cathcart notes that the market’s ingredients are in place for a spring resurgence. For a deeper dive into CREA’s analysis and forecasts, read the full article on Financial Post.<\/p>\n

Read the original story here: https:\/\/financialpost.com\/real-estate\/canadas-housing-market-stuck-in-holding-pattern-says-crea<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

The GTA housing market is in a temporary lull, but CREA predicts a spring rally driven by pent-up demand and stable interest rates. Will this forecast hold true for Toronto?<\/p>\n","protected":false},"author":2,"featured_media":879,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[178,206],"tags":[389,182,221,213,390,207],"class_list":["post-880","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-data","category-residential","tag-crea","tag-gta","tag-housing-prices","tag-interest-rates","tag-market-forecast","tag-toronto"],"_links":{"self":[{"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/posts\/880","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/comments?post=880"}],"version-history":[{"count":0,"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/posts\/880\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/media\/879"}],"wp:attachment":[{"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/media?parent=880"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/categories?post=880"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/tags?post=880"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}