Toronto, GTA & Hamilton Real Estate Report | Written By Realtor Sean Findlay

As we move into the final quarter of 2025, the real estate market across the GTA and Hamilton has firmly shifted, presenting the clearest buyer’s market we’ve seen in some time.

A surge in new listings has given buyers significantly more choice and negotiating power. While this has kept year-over-year prices down, the recent Bank of Canada rate cut in September appears to have spurred a slight uptick in sales, suggesting that buyers are cautiously re-entering the market.

Here’s a detailed breakdown of the latest data from September 2025.

The Big Picture: A Market in Rebalance

The main story is inventory. Active listings are up significantly compared to last year (nearly 19% in the GTA), while sales, though improving, haven’t kept pace.

This is best measured by the Sales-to-New-Listings Ratio (SNLR). In the GTA, the SNLR is approximately 29%, and in Hamilton, it’s around 34%. A ratio below 40% typically signals a buyer’s market. In Hamilton, the Months of Inventory (MOI) has climbed to 5.2 months, reinforcing that supply is outpacing demand.

• What this means: Fewer bidding wars, more properties to choose from, and more room for negotiation on price and conditions (like financing and home inspections).

Toronto Snapshot (The “416”)

The City of Toronto is showing more stability than its surrounding regions. While still a buyer’s market, the average price decline was less severe than in the broader GTA, and sales activity saw a healthy 13.2% jump compared to last year. With 4.7 months of inventory, the market is more balanced than in many “905” areas. The condo market remains a key area of opportunity for buyers, with ample supply and softer prices.

Key Toronto Statistics (September 2025):

• Average Selling Price:$1,089,918
  • (-2.1% vs. September 2024)
• Total Sales:2,063
  • (+13.2% vs. September 2024)

Average Price by Home Type (City of Toronto):

• Detached: $1,686,013
• Semi-Detached: $1,181,672
• Condo Apartment: $681,115

Greater Toronto Area (GTA) Snapshot (“The 905”)

Activity in the broader GTA also picked up in September, with sales rising 8.5% compared to last year. However, this increased activity was met with even more listings, which kept prices in check. The average price did, however, increase by 3.6% compared to August, suggesting the market is stabilizing.

Key GTA Statistics (September 2025):

• Average Selling Price:$1,059,377
  • (-4.7% vs. September 2024)
• MLS® Home Price Index (Benchmark):$960,300
  • (-5.5% vs. September 2024)
• Total Sales:5,592
  • (+8.5% vs. September 2024)
• New Listings:19,260
  • (+3.9% vs. September 2024)

Average Price by Home Type (GTA):

• Detached: $1,359,030 (-4.5% YoY)
• Semi-Detached: $1,015,543 (-6.9% YoY)
• Townhouse: $947,928 (-3.5% YoY)
• Condo Apartment: $655,231 (-4.0% YoY)

Hamilton Snapshot

The Hamilton market is following a similar trend. Sales were up compared to last year, but a healthy supply of new listings has kept the market firmly in buyer’s territory. Unlike the GTA, Hamilton’s average price remained relatively flat compared to August, showing stability but not the same monthly uptick.

The “affordability gap” remains a key factor, with Hamilton’s average price sitting over $283,000 below the GTA average.

Key Hamilton Statistics (September 2025):

• Average Selling Price:$775,745
  • (-5.0% vs. September 2024)
• MLS® Home Price Index (Benchmark):$703,700
  • (-9.0% vs. September 2024)
• Total Sales:475
  • (+7.2% vs. September 2024)
• New Listings:1,392
  • (+2.2% vs. September 2024)

Average Price by Home Type (Hamilton):

• Detached: $856,025 (-6.7% YoY)
• Semi-Detached: $569,417 (-16.1% YoY)
• Townhouse: $650,483 (-2.4% YoY)
• Condo Apartment: $473,470 (-3.3% YoY)

What This Means For You

For Buyers: Buyers are in the driver’s seat. 🚗

This is the moment many have been waiting for. With more inventory, less competition, and stabilizing interest rates, you have time to browse, negotiate, and find the right home without the pressure of a frenzied market.

For Sellers: Pricing and presentation are everything. 🏠

In a market with this much inventory, your property needs to stand out. Setting the right price from day one is critical. Homes that are well-marketed, staged, and priced competitively are still selling. Overpricing will only lead to your home sitting on the market.

Whether you’re looking to take advantage of the current buyer’s market or need a strategic plan to sell your home for top dollar, contact our team today for a personal consultation.

The post Toronto, GTA, Hamilton Real Estate Market Trend Update: October 2025 appeared first on FINDLAY REAL ESTATE.

Real Estate Housing Market Report for October 2022

Current Toronto MLS® stats indicate an average house price of $1,097,463 and 4,817 new listings in the last 28 days. As of today, Toronto housing data shows median days on market for a home is 21 days. See below for Average Time On Market, Average Price for home in Toronto, Number of New Listings in Toronto and Number of House Listings Sold in Toronto. #RealEstateHousingMarketCanada

Toronto Housing Inventory – October 2022

Check out the Toronto real estate “Hot Sheet” which details Monthly, Quarterly and Yearly changes to Toronto real estate trends. As well, a more detailed look into the average prices of homes in Toronto are detailed below:

About this Real Estate Housing Market Report

FindlayRealEstate.ca real estate market trends gives you an up-to-date look at the Toronto housing market. We’ve made real estate data like average house prices, housing inventory, and days on market readily available to you. The home price data we report is consistently refreshed, with the most recent coverage between September 04 – October 02. The report also includes percentages that represent the year-over-year change from the same period in 2021. Along with all these real estate statistics is a ranking of every city in the Greater Toronto area based on their home sold price, price growth, days on market, and turnover. This way, you get to see the Toronto housing market on a wider scale, and how it compares to other cities in the metro area. This market report was designed to give you new insights on both the Toronto real estate market and the Greater Toronto area so that you have a better idea of where you want to live. In addition to our market report, consider reviewing other MLS® stats, like the MLS® Home Price Index, to get a better perspective of the market.

These Real Estate Numbers are based on firm contract dates, not when the transaction is reported or when the contract closes.

A contract is firm when both the home seller and buyer agree to the transaction, however this may not be reported in a timely fashion. Therefore, transaction reported dates are when the agent submits the sale to their local board. A contract is closed when the transaction actually occurs and the buyers move into the house. Normally, contracts close about 6-8 weeks after a contract is firm, which means the data you’re seeing is reported in real-time.

Toronto Real Estate Data is reported in 4 or 8 week periods.

28 and 56 day periods are used because some months have more weekends than others. This ensures that each period has the same amount of days and weekends so that a like-for-like comparison can be made.

What does pro-rated data mean?

Based on historical reporting, it can take up to four weeks or more for transactions to be reported. This means that approximately 30% of home transactions that occured within this period have yet to be included in this report. Because of this, this period’s numbers are considered “pro-rated.”

For More Information About Toronto, Hamilton, GTA Real Estate Statistics

If you’re looking for a more in-depth matrix of these statistics, please contact Realtor Sean Findlay

If you are looking to purchase or sell your home contact us using the form below.

Sean Findlay – Professional Realtor | Sales Representative | Digital Marketing SEO Real Estate Specialist

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The post Toronto Housing Market Report | October 2022 Real Estate Trends & Stats appeared first on FINDLAY REAL ESTATE.