GTA Real Estate Market Update – October 2025

The Greater Toronto Area market continues to adjust, offering new opportunities for both buyers and sellers. Average home prices are around $1.05 million, down roughly 4–5% from last year, while sales activity has picked up slightly — a clear sign that confidence is returning as borrowing costs stabilize.

For Buyers: More inventory and less competition mean it’s a great time to negotiate and secure properties at more realistic prices — especially for those ready before the next rate cut.

For Sellers: Strategic pricing and presentation are key. Well-staged and properly marketed homes in good locations are still selling quickly and close to asking.

The GTA market has shifted to a more balanced tone — not overheated, but filled with opportunity for those who move smart.

Unlock Your Dreams with Sara Babaimehr Luxury Real Estate Group.

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New property listed in Richmond Hill

I have listed a new property at 610 9088 Yonge Street in Richmond Hill. See details here

Welcome to Grand Genesis Condos, where luxury meets lifestyle! Whether you're downsizing or starting your next chapter, this stunning 900 sq ft suite has it all - 2 spacious bedrooms, 2 elegant bathrooms, and an open-concept living/dining area that's perfect for entertaining. Step out onto your private oversized balcony and take in the unobstructed views while enjoying a built-in gas BBQ - ideal for summer nights! You'll love the 4-pc ensuite with a glass stand-up shower, walk-in closet, and the extra-large locker conveniently located next to the unit.Enjoy world-class amenities: indoor pool, gym, sauna, guest suites, and 24-hr concierge service. Located steps to restaurants, shops, and groceries, with quick access to Hwy 7 & 407 - this is the perfect balance of comfort, convenience, and class. Available for both short-term and long-term lease - furnished or unfurnished.Come see why Grand Genesis is one of Richmond Hill's most desirable addresses!

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