2025 Proved to Be the Most Buyer-Friendly Year for GTA Home Buyers in Recent Times
According to a group of leading realtors in the Greater Toronto Area (GTA), nearly all neighbourhoods experienced homes selling below their asking price in December, reflecting a trend that persisted throughout the year.
In December, 98% of GTA neighbourhoods with at least 5 home sales had median sale prices below the list price, indicating widespread underbidding across the region. Only four out of 240 neighbourhoods saw homes sell above the asking price, highlighting the significant leverage buyers maintained.
December’s results continued a long-standing trend in which sellers struggled to command premium prices. Economic uncertainty throughout 2025 kept many potential buyers cautious, yet those who remained in the market often secured homes for less than the asking price.
At no time during 2025 did the GTA housing market favour sellers overall. March was the most favorable month for sellers, but even then, sellers faced underbidding in 73% of neighbourhoods.
In terms of median sales prices, Durham Region had the lowest at $825,000, while York Region had the highest at $1,125,000. Halton Region had a median of $1,040,000, Peel had $902,000, and Toronto had $860,944.
The most affordable neighbourhoods in the GTA in 2025 included:
– Brampton’s Queen Street Corridor with a median sales price of $485,000
– North York’s Flemingdon Park, at $513,700
– North York’s Bermondsey, at $518,000
– Mississauga’s core at $526,500
– Pine Valley Business Park, Vaughan, at $540,000
On the other hand, the most expensive neighbourhoods were:
– Lawrence Park with a median sales price of $3,339,000
– Moore Park at $3,277,500
– Bennington Heights at $2,875,000
– Ledbury Park at $2,660,000
– Bayview Hill at $2,585,000
Overall, the median sales price for homes across the entire GTA was $923,500, and homes sold, on average, within 30 days.
In contrast to the residential market, a report released on February 5, 2026, offered some promising news for commercial property sellers.
Data gathered by the commercial real estate services firm Avison Young indicated that more office space was leased than vacated last year, marking the first time this has occurred since 2019.
Additionally, a study by CBRE, another commercial real estate services firm, predicts that commercial real estate investment could reach $56 billion this year, up from $47 billion the previous year.
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