If you're thinking of selling, now is the time to be strategic and have the right real estate team with the experience, marketing systems and negotiating skills to successfully manage the current resale landscape. 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 still historically high and holding fairly steady, with the average home selling for $1,120,879. Homes continue to sell as buyers are active but feel less pressured and rightfully so are looking for fair value. 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.