More Homes Available for Buyers in Greater Toronto Area 2025

Home sales in the Greater Toronto Area in 2025 hit their lowest level since 2000, with only about half of listed homes selling. Nearly 47% of unique listings expired, were terminated, or remain unsold. There were 60,597 resale transactions, less than half the peak in 2021 and lower than during the 2008 financial crisis. The average home stayed on the market for nearly three months, indicating rising inventory and a market transition.