The latest GTA numbers tell an interesting story: while new single-family home sales have jumped 50% above the average—reaching 781 units thanks in part to the expanded HST rebate—condo sales have taken a sharp turn, dropping 80% below average to just 237 units. Prices reflect this shift too. Single-family homes saw an 8.5% drop, now averaging $1.36M, whereas condo prices ticked up 2.5% to $1.05M. With 18,546 homes currently on the market, navigating these changes can feel overwhelming—especially for buyers trying to time their move or sellers deciding when to list. Having spent the past decade guiding clients through Toronto’s evolving market, I know how quickly things can shift and how important it is to have a steady hand and informed perspective during moments like these.
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