Column Toronto Real Estate Brokerage Royal LePage RES Ltd/Johnston and Daniel Division Toronto REALTORS® Louise Dodd and Jason Dodd
Column Middle Toronto REALTOR® Louise Dodd Toronto REALTOR® Jason Dodd Toronto Real Estate Services Toronto Real Estate for Sale Previous Toronto Real Estate Sales Toronto Real Estate Information and Other Information

November Real Estate Market

Toronto Real Estate Board November MLS sale statistics:

  • GTA single family home sales including condominiums 5010.
  • Volume - down 15.7%, compared to November 2024 - 5947 sales.
  • Volume - down 18% sales compared to October 2025 - 6122 sales.
  • Average price of a GTA single family home - $1,071,757.
  • Down 0.04% from 2024's average price of - $1,120,244.

(The GTA is Burlington to Clarington, Lake Ontario to Lake Scugog)

“November reports on employment and economic growth were much stronger than expected. The Canadian economy may be weathering trade-related headwinds better than expected. More certainty on the trade front coupled with positive economic impacts of recently announced infrastructure projects could improve homebuyer confidence moving forward,” said TRREB Chief Information Officer Jason Mercer.

We track MLS sales daily.

  • November 2016 to May 30th 2017, 90% of central district properties sold over asking price.
  • November 2025 15-40% of central district properties sold for over asking price daily. (Based on district.)

(Central districts cover the Lake to York Mills, and the Humber River to Victoria Park.)

The November residential resale market was soft, mixed, and a buyer's market

  • Some properties remain unsold after months or even two years.
  • Some under priced or reasonably priced homes sold in "bidding wars".
  • The average sale price declined 22% from the February 2022 peak.
  • Royal LePage predicts early 2026 may bring renewed confidence and a more active market enviornment for buying and selling.

November Average Prices:

Detached 416 : $1,545,941 Detached 905: $1,275,289
Semi-detached 416 : $1,187,111 Semi-Detachec 905: $853,916
Townhouse 416 : $870,793 Townhouse 905: $834,179
Condo 416: $701,259 Condo 905: $583,547

Average GTA Prices 1987 to 2024

1987
$189,105
2006
$351,941
1988
$229,635
2007
$376,236
1989
$273,688
2008
$379,347
1990
$255,020
2009
$395,460
1991
$234,313
2010
$431,276
1992
$214,971
2011
$465,014
1993
$206,490
2012
$497,130
1994
$208,921
2013
$522,958
1995
$203,028
2014
$566,624
1996
$198,150
2015
$622,120
1997
$211,307
2016
$729,837
1998
$216,815
2017
$822,572
1999
$228,372
2018
$787,865
2000
$243,255
2019
$819,279
2001
$251,508
2020
$929,636
2002
$275,231
2021
$1,095,475
2003
$293,067
2022
$1,190,749
2004
$315,231
2023
$1,126,263
2005
$335,907
2024
$1,120,244
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