GTA new home sales rebound masks a condo market in retreat

In the GTA, we’re seeing a striking divide in the new home market: single-family sales have surged 50% above average, hitting 781 units—helped along by an expanded HST rebate. Meanwhile, condo sales have dropped significantly, falling 80% below average to just 237 units. Interestingly, single-family home prices have seen an 8.5% decline to $1.36M, while condo prices edged up 2.5% to $1.05M. With current inventory at 18,546 units, it’s clear that buyers and sellers are facing very different landscapes depending on the property type. In my career, I’ve guided clients through every kind of market shift, leveraging tailored strategies—from precise pricing to impactful staging—to ensure their goals are met. Navigating these changing dynamics takes experience and a hands-on, boutique approach to truly maximize results.