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TRREB Market Watch Report – May 2025

The Greater Toronto Area (GTA) housing market experienced an improvement in affordability in May 2025 relative to the same period a year earlier. With sales down and listings up, homebuyers took advantage of increased inventory and negotiating power. The average selling price, at $1,120,879, was down by four per cent compared to May 2024.

Click the link below to read the full Market Watch Report.

https://trreb.ca/wp-content/files/market-stats/market-watch/mw2505.pdf