Home sales in the Greater Toronto Area (GTA) rose in September 2025, with 5,592 transactions reported — an 8.5% increase from a year earlier — as more buyers entered the market following the Bank of Canada’s interest rate cut, which lowered borrowing costs and made monthly mortgage payments more affordable. On a seasonally adjusted basis, sales also increased from August while new listings declined, indicating slightly tighter conditions in some market segments.

The weakening condo market in the Toronto region has some parallels to the crash of the early 1990s, but several factors mean the current downturn will likely be less severe, Canada’s housing agency said in a report out Wednesday.

Don't expect a big immediate jump in purchase activity, but experts suggest there's cause for cautious optimism

The Bank of Canada has reduced its benchmark rate by 25 basis points, moving back into rate-cutting mode amid signs of a weakening economy and sluggish labour market.

The number of home sales recorded over Canadian MLS® Systems edged up 1.1% on a month-over-month basis in August 2025. It was the best month of August for sales since 2021, and the fifth straight monthly increase in activity, making for a cumulative 12.5% since March.

Economists and markets are expecting the Bank of Canada to cut its policy rate by a quarter point on Wednesday, barring any major surprises in the inflation data set to be released the day before.

A new MPC–Pollara survey shows growing concern about fraud in the housing market, and strong support for CRA-led income verification

The Bank of Nova Scotia and the Bank of Montral have both changed their forecast for the upcoming Bank of Canada interest rate decision set to be announced on September 17.

Greater Toronto Area (GTA) REALTORS® reported 5,211 home sales through TRREB’s MLS® System in August 2025 – up by 2.3 per cent compared to August 2024.

Investors are eyeing one sector despite a sharp drop in activity

Population, monetary policy among factors giving office and retail assets in Canada better growth potential

Ontario’s housing minister is acknowledging that new home construction in the province is at a “standstill,” potentially derailing the Ford government’s pledge to build 1.5 million homes by 2031.

Fresh signs from inflation and trade could soon alter the path for interest rates in Canada

An RBC Economics report published in August 2025 indicates that while Canada is not in a housing slump, Ontario, particularly the Greater Toronto Area, is experiencing a significant decline in housing starts. High development and construction costs, coupled with other local factors, are contributing to the slowdown in Ontario's construction pipeline, which is seen as a major driver of the country's housing crisis and poses a threat to future housing supply.

The high-density land market in the City of Toronto and its suburbs experienced a significant decline in pricing and investor sentiment in Q2 2025

Ontario’s housing minister says the province has approved a plan for Toronto to allow higher and denser buildings near transit stations.

The number of home sales recorded over Canadian MLS® Systems climbed 3.8% on a month-over-month basis in July 2025. Building on gains recorded over the previous three months, transactions are now up a cumulative 11.2% since March.

Tariff turmoil is fuelling both inflation and disinflation at the same time, but which force is greater is yet to be known. The verdict could affect thousands of would-be homebuyers or mortgage refinancers.

The Greater Toronto Area (GTA) experienced the best home sales result for the month of July since 2021. Sales were also up relative to listings, suggesting a modest tightening in the market compared to last year.

Variable rates are set to remain unchanged, while fixed-rate borrowing costs aren't likely to fall anytime soon