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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I have sold a property at 610 9088 Yonge Street in Richmond Hill

I have sold a property at 610 9088 Yonge Street in Richmond Hill on Jul 19, 2023. See details here

Welcome to Luxurious Grand Genesis, Downsizing? Starting a family? Look no further! This beautiful 900 sqft unit with a large balcony has 2 Bedroom and 2 washrooms. 4 pc ensuite with standup shower walk-in closet, and a huge open concept living/dining room great for entertaining. The unobstructed view with a private balcony and upgraded Gas BBQ to enjoy the summer! Extra-large locker right next to the unit. Full amenities with gym, indoor pool, sauna. 24HR concierge and guest suites! Walking distance to grocery store, restaurants! Easy access to Hwy 7/407. Come take a look at this unit today!

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I have sold a property at 610 9088 Yonge ST in Richmond Hill

I have sold a property at 610 9088 Yonge ST in Richmond Hill on Jul 19, 2023. See details here

Welcome to Luxurious Grand Genesis, Downsizing? Starting a family? Look no further! This beautiful 900 sqft unit with a large balcony has 2 Bedroom and 2 washrooms. 4 pc ensuite with standup shower walk-in closet, and a huge open concept living/dining room great for entertaining. The unobstructed view with a private balcony and upgraded Gas BBQ to enjoy the summer! Extra-large locker right next to the unit. Full amenities with gym, indoor pool, sauna. 24HR concierge and guest suites! Walking distance to grocery store, restaurants! Easy access to Hwy 7/407. Come take a look at this unit today!

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