The Greater Toronto Area real estate market is showing signs of recovery, although uncertainty persists. According to the Toronto Regional Real Estate Board’s latest Market Watch report, home sales have risen by 40.1% year-over-year, signaling a potential rebound. However, the market remains uneven, with fluctuating prices, modest growth in new listings, and cautious behavior from both buyers and sellers. These trends suggest the market is in a transition phase, moving away from recent volatility caused by inflation and high borrowing costs, and gradually approaching stability.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.
* Only when the buyer comes direct, otherwise the seller may choose to negotiate a commission with the buyer’s agent.