In November 2025, Toronto home prices fell 5.8% year-over-year to an average of $951,700, with single-family homes at $1,162,500, townhouses at $696,300, and condos at $558,500, all showing declines. Sales dropped 15.8% YoY, new listings fell 4%, and active listings rose 16.8%, indicating a balanced market shifting toward buyers. Average rent was $2,521, with rents for 1- and 2-bedroom units decreasing. Economic uncertainty is limiting buyer confidence despite improved affordability.