Greater Toronto Real Estate Market Report - December 2025

Greater Toronto (MLS® HPI) — December 2025

In December 2025, the Greater Toronto Area's composite benchmark price stands at $942,300, reflecting a 6.3% decrease from December 2024. The market is currently balanced, with no available data on sales or listings for the month.

Market Analysis

The Greater Toronto real estate market continues to exhibit a balanced condition as of December 2025, with the composite benchmark price decreasing from $951,700 in November 2025 to $942,300. This decline of 6.3% year-over-year from $1,005,900 in December 2024 indicates a cooling trend in property values, likely influenced by broader economic factors and changing buyer sentiment. While specific sales and listing data are unavailable, the stability in benchmark prices suggests that demand and supply are currently in equilibrium, preventing significant fluctuations in the market.

Property Type Analysis

When examining the property types, the detached homes have a benchmark price of $1,150,200, while attached/townhouses and apartments are priced at $688,900 and $553,500, respectively. The notable price differentiation among these categories highlights the ongoing preference for detached homes, which typically command higher prices, even as the overall market experiences a downturn.

Regional Highlights

Regional trends within the Greater Toronto Area indicate that while the overall market is balanced, certain neighborhoods may experience varying levels of demand and pricing pressures. Areas with strong local amenities and infrastructure continue to attract buyers, potentially mitigating the impact of the overall price decline seen in the broader market.

For Buyers

Prospective buyers are encouraged to remain vigilant and informed, as the current balanced market presents opportunities for negotiation. With prices showing a downward trend, buyers may find favorable conditions to secure properties at more advantageous prices compared to previous years.

For Sellers

Sellers should consider the current market dynamics carefully, as the decline in benchmark prices suggests a need for realistic pricing strategies. It is advisable to work closely with real estate professionals to position properties effectively and attract potential buyers in a competitive landscape.