Top 5 questions we're hearing the most

If you’re trying to make sense of what’s going on out there, you’re not the only one. Prices are shifting and the mood in the market has changed.

We get these questions every day. From long-time clients, curious neighbours, and people just starting to think about a move. We’ve seen a lot of markets come and go, but our focus stays the same: helping people make smart, informed decisions they feel good about.

Here are five questions we’re hearing the most.

1. How much have prices changed year over year?

Here’s where things stand compared to last year:

• Detached: $1,778,855 (2024) → $1,619,047 (2025) — down 8.98%

• Semi-detached: $1,315,547 (2024) → $1,219,254 (2025) — down 7.32%

• Condos: $721,366 (2024) → $699,241 (2025) — down 3.07%

The drop in prices are telling us it’s a cautious market out there. People are taking their time, paying attention, and weighing their options a little more carefully.

Note: These are averages, not exact apples-to-apples sales, but they’re still a good pulse check on how the market has shifted.

2. Is now a good time to buy, or should I wait?

The honest answer: it depends on you. If you’re financially stable, confident in your job, and clear on why you want to buy, then yes, it can make sense to start looking. The current market gives buyers something rare in Toronto: time. You can breathe, compare, and negotiate.

If you’re trying to time the market, that’s trickier. We’ve seen it turn fast, in both directions. The better question is whether you’re ready, not whether the market is.

3. Which neighbourhoods offer the best value and long-term stability?

Toronto has a solid backbone: strong economy, schools, transit, and steady demand keep it from swinging too wildly.

Areas that hold steady:

• Leaside & Davisville Village: Great schools, strong community, and reliable demand.

• High Park, Bloor West Village & Junction Triangle: Green space, transit, and buyers who stick around.

• Riverdale, Danforth & Leslieville: East-end energy, family-friendly, and high walk score.

  
  

Areas gaining ground:

• Regent Park: Ongoing revitalization is changing perceptions.

• Black Creek: Lower prices and better infrastructure are drawing attention.

• Scarborough City Centre & West Hill: Transit expansion and affordability make them smart long-term plays.

In short, the core is steady and the edges are catching up quietly but surely.

4. What’s up with all the listings? Why are homes taking longer to sell?

We’re sitting at about 4.8 months of inventory across the GTA, with an average of 31 days on market.

To break it down a bit further:

• West Toronto: 4.3 months, 30 days on market

• Central (lots of condos): 5.8 months, 34 days

• East Toronto: 3.5 months, 26 days

If you take out the condo-heavy core, most areas in Toronto are sitting in balanced market territory. The pace is steady, not sluggish. Homes are selling when priced in line with where the market actually is, not where it used to be.

5. How will new government policies and mortgage rules affect affordability?

Right now, most government changes aim to boost new construction, which is a long game. It might help future supply, but it doesn’t do much for people trying to buy today. For most first-time buyers, pre-construction timelines and 20% deposits don’t line up with real life. Resale homes often make more sense financially and logistically. These new policies might shift the landscape later, but for now, affordability challenges remain very real.

We’ve kept our answers short and to the point here, but these topics deserve real conversation. You might have a dozen more questions, and that’s ok, we’re here for it! If you ever want to talk through how the Toronto real estate market impacts your situation, reach out any time.