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2025 Ends with More Affordable Housing Market and Paves the Way for Year of Recovery

Monday Jan 12th, 2026

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2025 Ends with More Affordable Housing Market and Paves the Way for Year of Recovery Annual Greater Toronto Area (GTA) home sales declined in 2025 compared to 2024, as economic uncertainty weighed on consumer confidence. Over the same period, listing inventory remained elevated, allowing for selling prices to be negotiated downward, helping improve affordability. “The GTA housing market became more affordable in 2025 as selling prices and mortgage rates trended lower. Improved... [read more]

GTA Homes Sales Tick Up in September 2025 while Real Estate Prices Decline Amongst Interest Rate Cut

Monday Oct 6th, 2025

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GTA Homes Sales Tick Up in September 2025 while Real Estate Prices Decline Amongst Interest Rate Cut September home sales increased in the Greater Toronto Area (GTA) compared to a year earlier, as more homebuyers sought to take advantage of more affordable monthly mortgage payments. Buyers continued to respond to substantial choice in the marketplace by negotiating the average selling price downward. “The Bank of Canada’s September interest rate cut was welcome news for... [read more]

GTA Real Estate Market tightens in January 2024 compared to 2023 housing activity

Tuesday Feb 6th, 2024

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GTA Real Estate Market tightens in January 2024 compared to 2023 housing activity TORONTO, ONTARIO, February 6, 2024 – Home sales were up in January 2024 in comparison to January 2023. This annual increase came as some homebuyers started to benefit from lower borrowing costs associated with fixed rate mortgage products. New listings were also up year-over-year but by a lesser annual rate compared to sales. The resulting tighter market conditions when compared to the same period a... [read more]

Lesser Property Listings & Stronger Demand for Home Ownership Resulted in 16.5% Increase in Real Estate Transactions in June 2023

Monday Jul 10th, 2023

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Lesser Property Listings & Stronger Demand for Home Ownership Resulted in 16.5% Increase in Real Estate Transactions in June 2023 TORONTO, ONTARIO, July 6, 2023 – Home sales and the average selling price in the Greater Toronto Area (GTA) in June 2023 remained above last year’s levels. Seasonally adjusted sales dipped on a month-over-month basis. The seasonally adjusted average selling price and the MLS® Home Price Index (HPI) Composite benchmark were up compared to... [read more]

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Manoj Arora

Manoj Arora

Broker of Record

ACE Team Realty Inc., Brokerage

Transforming Dreams into Realty!!

77 City Centre Drive, East Tower, Suite 501, Mississauga, Ontario, L5B 1M5

contact@manojarora.com

(416) 618-9753

(905) 488-3101
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Listing Data were last updated: 2026-02-18 02:56:10

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