Our Real Estate Update May 2025


If you're thinking of selling, now is the time to get strategic. Over 21,000 new listings hit the GTA market in May, and total inventory surpassed 30,000 for the first time on record! The good news is prices are holding steady, with the average home selling for $1,120,879. Buyers are active, and homes are still moving in just 25 days on average. Having the right real estate team with the experience, marketing systems and negotiating skills is more important than ever in today’s market.  If you have any questions or would like to know what your home is currently worth, please don't hesitate to contact us.

To view details on the May 2025 monthly figures and the latest Royal LePage Market Update Report, visit this month’s edition of our Real Estate Facts & Figures