High Park real estate group - March 2025 stats - a quick breakdown of the March numbers.

A quick synopsis of the stats from the Toronto real estate Board for March 2025

Greater Toronto Area's housing market continued its downward trend.


Good news for prospective homebuyers in the Greater Toronto Area — homeownership became more affordable in March 2025 compared to the same time last year.


According to the TREB, both borrowing costs and home prices have eased over the past 12 months, making monthly mortgage payments more manageable for many households.

affordability has improved and that expected interest rate cuts this spring could further support buyers.

increased housing supply is giving buyers more choice — and more negotiating power.

But despite the better affordability, some would-be buyers are still holding back.

trade uncertainty and the upcoming federal election are causing some households to take a “wait-and-see” approach.

consumer confidence in job security remains crucial before people are ready to commit to long-term mortgage payments.

In terms of numbers, GTA REALTORS® reported just over 5,000 home sales through TRREB’s MLS® System in March — down more than 23% compared to March 2024.

Meanwhile, new listings surged by nearly 29% year-over-year, increasing options for buyers.

The average home price in the GTA last month was just over $1.09 million — a drop of 2.5% from the previous year.

On a seasonally adjusted basis, prices held steady compared to February.


For the Greater Toronto area there were over 23,000 active listings. These active listings are both condos and house.

GTA encompasses a large geographical area and some parts of it can be an hours drive away from Toronto.

When you break it down further just to the 416 districts there is only 9029 total Listings.

Broken down even further there is a total of 6236 active condo listings and only 2793 freehold homes.


Thanks for watching, if you have any questions about the market for free to reach out to us.

MARCH 2025
Total
GTA Active Listings: 23,462
Sales: 5011 ( 2155 detached, 485 semi detached, 899 townhouse, 1404 condos )
Months of Inventory: 4.68%

416 FreeHold
Active Listings: 2793 ( Detached 2156 + SD 432 +ARTH 205)
Sales: 965 ( Detached 572+ SD 208 + ARTH 185 )
Months of Inventory: 2.89%

416 Average Price:
Detached: $1,723,489
SD: $1,337,498
AR Town: $975,801
Condo: $716,460


416 Condos
Active Listings:6236
Sales: 927
Months of Inventory: 6.72%