
Everyone of the data points in the Year-Over-Year Summary setout above speaks to the on-going market correction. The two most significant lines are the Active Listings and the Average Sale Price. In October 16,069 “new” listings came to market. “New” is a misnomer in that at least 30 percent of those new listings are properties that have been listed in the recent past and are now back on the market at a reduced asking price. The new listings that came to market in October brought the total number of active listings to 27,808, 17.2 percent higher than last October. The 27,808 active listings available to buyers is the highest number of active listings for any October in recorded history. That is a lot of buyer choice! Having said that there were over 30,000 properties on the market during the months of May, June, and July, with a record breaking 31,603 in June.
It’s not surprising therefore that the average sale price once again declined in October. The average sale price came in at $1,054,372, 7.2 percent lower than last October’s average sale price. No property type was immune to price declines. Detached properties declined by 7.3 percent, semi-detached by 6.5 percent, and condominium apartments declined by 4.7 percent, andby almost 11 percent in the 905 Region. The plethora of available properties on the market gave buyers abundant choice, time, and flexibility to negotiate lower sale prices. Semi-detached properties in Toronto’s west and east trading areas closest to the city’s central core were an exception to the overall market correction. In these western districts semi-detached properties sold (on average) in 22 days for 102 percent of their asking price. In Toronto’s eastern districts, Riverdale, Leslieville, the Beaches, and slightly beyond, all properties sold in 15 days for an average sale price 106 percent above the asking price. However, average sale prices for semi- detached properties in Toronto overall declined by almost 7 percent on a year-over-year basis.
The average sale price for all properties reported sold has declined consistently throughout 2025, as it has since its peak in the first quarter of 2022. In the first quarter of 2022 the average sale price for all properties sold (including condominium apartments) peaked at $1,322,000. October’s average sale price of $1,054,372 represents a 20 percent decline from those shocking highs. The average sale price achieved in the first quarter of 2022 was anomalous, pandemic driven, and fueled by preposterously low mortgage borrowing costs. Average sale prices are beginning to reflect market reality, and are very likely close to plateauing, particularly as mortgage financing costs are once again declining. Borrowing costs are still lofty, notwithstanding that in October the Bank of Canada reduced its benchmark rate to 2.25 percent. Except in special circumstances 5-year fixed mortgage rates are still over 4 percent. A large number of buyers, anticipating lower rates in the future, are opting for variable rates, which at the end of October were available for 3.7 percent.
Condominium apartments continue to be the weakest segment of the Toronto and Region resale market. Condominium apartments represent 33 percent of the entire available inventory of properties. Of the 6,138 properties reported sold in October, only 25 percent were condominium apartments. The largest decline in sales was in the 905 Region. In October, sales declined by 16.9 percent, even though the average sale price for condominium apartments in the Region declined to what appears to be an affordable price of $574,111. In the 416 condominium apartment sales declined by 8 percent year-over-year. Average sale prices came in at $699,241, 2.7 percent less than last October. Condominium apartment sales are struggling with historical disfunction.

How to Make Your Move Smoother Faster and Less Stressful —
Smart planning strategies to reduce chaos, lower costs, and keep your move organized from start to finish.
Read More »
Inspection Proof Your Sale: Get Ready Before Buyers Arrive —
Learn how to avoid surprises, reduce renegotiations, and show your home in its best light before the inspection happens.
Read More »
How To Win Without Overpaying: Negotiation Tips That Work —
Proven strategies that help buyers secure the right home without overspending or getting caught in a bidding war.
Read More »
Summary
Moving is one of life’s most stressful events—but it doesn’t have to be. With smart planning and the right strategies, you can minimize chaos, reduce costs, and protect your peace of mind. This guide offers a step-by-step approach to making your move smoother, faster, and more organized—whether you’re relocating across town or across the country.
Moving may mark the beginning of an exciting new chapter—but it’s also a major logistical undertaking. From packing and paperwork to timelines and transitions, it’s easy to get overwhelmed. That’s why a well-organized move plan makes all the difference.
Here’s how to make your move smoother, faster, and far less stressful.
1. Start Early—Earlier Than You Think
Get insurance for valuables and check mover reviews.
4. Pack Like a ProDon’t leave cleaning to the last day. Clean room-by-room as you pack. For rentals, photograph everything for your deposit.
9. Handle EmotionsMoving can bring grief, anxiety, or fatigue—especially for kids or seniors. Give everyone time to adjust and say goodbye to their space. Plan fun or relaxing activities after move-in.
10. Unpack StrategicallyApps like Sortly (for inventory), TaskRabbit (for help), and Google Sheets (for tracking) can streamline the process.
Moving doesn’t have to mean chaos. With a plan in place, a few hacks, and a little help, you can turn a stressful event into a smooth transition. Start early, stay organized, and take it step by step—and your next move might be your easiest yet.
Summary
The home inspection can make or break your sale. It’s the moment buyers discover what’s beneath the surface—and any surprises can lead to renegotiations, delays, or even a collapsed deal. This report shows you how to inspection-proof your home with smart pre-listing repairs, preventative fixes, and buyer-friendly presentation. Don’t wait for bad news—prepare now and protect your sale.
You’ve accepted an offer, and the buyer is excited. But there’s one major step before closing: the home inspection. It’s the buyer’s chance to uncover problems—and their leverage to ask for repairs, credits, or even walk away. Avoiding surprises and showing your home in its best light is key to a smooth, profitable sale. Here’s how to get inspection-ready.
They don’t evaluate décor or cosmetic flaws—but serious maintenance issues will be flagged.
You don’t have to fix everything—but knowing what’s ahead helps you prepare.
These are inexpensive but reassure buyers the home is well-maintained.
If your HVAC, water heater, or roof are older but functional, get them professionally serviced and keep the paperwork. Inspectors note signs of wear, but maintenance records can help buyers feel confident.
Clear the way to the attic, furnace, electrical panel, and crawlspaces. Inspectors need access—and a clean space sends the message that your home is cared for.
Your agent can help you respond strategically.
It shows pride of ownership and reduces buyer anxiety.
Conclusion:
A smooth inspection starts long before the inspector arrives. By addressing issues ahead of time and presenting your home as well-cared-for, you minimize surprises and maximize buyer confidence. Don’t let preventable problems derail your sale—get ahead of the inspection and keep your closing on track.
Summary
In a competitive market, paying more isn’t the only way to win. This report shares proven negotiation strategies that help buyers secure their dream home, without falling into a bidding war trap. From reading the seller’s signals to crafting creative offers, you’ll learn how to stand out, stay on budget, and make a winning move with confidence.
When the market is hot, it’s easy to feel like the only way to win a home is to overpay. But savvy buyers know that smart strategy, not just big numbers, can make the difference. Whether you’re buying your first home or your fifth, here’s how to negotiate like a pro and come out ahead.
1. Get Pre-Approved, Not Just Pre-QualifiedA pre-approval letter from a trusted lender shows sellers you’re serious and financially ready. It gives you leverage when competing with less-prepared buyers.
2. Know the Market Before You BidUnderstand current conditions:
Your agent can help you interpret local trends so you’re not blindly overbidding.
3. Lead With a Clean OfferContingencies are important, but too many can turn sellers off. Consider:
A clean, flexible offer can beat a slightly higher one with lots of strings attached.
4. Look for Seller SignalsWhat does the listing say, or not say?
Understanding the seller’s situation helps you tailor your offer.
5. Use an Escalation Clause WiselyAn escalation clause automatically increases your bid above other offers (up to a cap). This lets you compete without blindly bidding high from the start, but make sure it’s structured properly and includes proof of competing bids.
6. Show That You’re SeriousSellers want a buyer they trust to close the deal smoothly.
7. Don’t Overfocus on Price, Negotiate on TermsSometimes the best offer isn’t the highest, it’s the most convenient. Negotiate on:
Great agents do more than write offers; they build trust with the listing agent. That can help your offer stand out even when numbers are similar.
9. Know When to WalkSometimes, winning means walking away. If bidding gets too aggressive or the home has red flags, stick to your budget. Another opportunity will come.
10. Don’t Let Emotions LeadStay focused on your needs, goals, and limits. Emotional bidding leads to regret. Let your agent guide you through tough decisions with clarity, not pressure.
Winning in real estate doesn’t mean overpaying, it means outsmarting. With the right strategy, preparation, and expert support, you can land the home you want without blowing your budget. Remember: strong offers win hearts, not just wallets.