Toronto Housing Market Offers More Affordable Options in 2025

Toronto home sales fell 0.4% in December, with benchmark prices dropping 0.7% to $962,000, continuing a year-long decline. Total sales in 2025 were down 11.2% from 2024, and prices fell 6.3%. Despite lower interest rates and more listings, trade tensions with the U.S. dampened economic growth and buyer confidence. New listings increased 5.5% in December.