Challenges and Opportunities in a Buyer's Market

The Greater Toronto Area (GTA) housing market is currently experiencing a notable shift. As of June 2025, home sales have dipped by 2.4% year-over-year, with a total of 6,243 transactions. In contrast, new listings surged by 7.7%. This increase in inventory, coupled with a 4.2% decline in average home prices, has set the stage for a classic buyer's market…