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GTA Real Estate Update: What February’s Numbers Mean for You

TRREB Market Report Highlights - February 2025


February Market Pulse: What Homebuyers & Sellers Are Feeling Right Now



ChatGPT said:

February was a month of choices, patience, and a whole lot of “should we wait, or should we go for it?”


  • Buyers had the upper hand—with more listings (12,066 to be exact) but fewer sales (4,037, down 27.4% from last year). Translation? More homes to pick from, more room to negotiate.
  •  Prices softened slightly—averaging $1,084,547 (a 2.2% dip from last year). But if history tells us anything, it’s that the market won’t stay still forever.
  • So what’s holding people back? Uncertainty. Interest rates. Talk of trade shifts with the U.S. But here’s the thing—markets move in waves, and opportunities don’t wait.
  • Once borrowing costs ease and confidence returns, expect a wave of buyers to jump in—and when they do, the game changes fast.


Want more details? Check out TRREB's full report here.


Click here to keep an eye on sales in your neighbourhood? 


February 2025 vs. February 2024 



February 2025 vs.  January 2025


Click here to see Toronto Real Estate Board's Full Report


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Office Location


Century 21 Leading Edge Realty Inc., Brokerage 165 Main Street North Markham, Ontario L3P 1Y2

 

         


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Direct:     (905) 472-7155
Office:     (905) 471-2121
TF:           (800) 362-0893
Fax:         (905) 471-0832

Online Resources


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