As someone who’s navigated the ups and downs of Toronto real estate for over 21 years, I pay close attention to market shifts like the recent 2.1% decrease in sales and a 14.1% drop in new listings. With supply tightening, we’re seeing average home prices dip 4.5%—now sitting at about $993,410. This trend is touching condos, townhouses, and single-family homes alike. Understanding these numbers is key to making informed decisions, whether you’re buying, selling, or simply watching the market. My approach always centers on strategic pricing and maximizing results, especially in moments of change like these.
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