November brought a calmer pace to the Toronto real estate market. Many households continued to watch conditions carefully, waiting for clearer economic signals before moving ahead with a purchase or sale. At the same time, we saw encouraging news on jobs and growth, creating early signs that confidence may begin to strengthen as we enter 2026.

Below is a simple overview of what changed this month and what it may mean for your next move.

Market Snapshot – GTA Highlights

Your November visuals show the main trends clearly:

• Average sale price: $1,039,458
  (Down 6.4% from November 2024)

• Homes sold: 5,010
  (Down 15.8% year-over-year)

• New listings: 11,134
  (Down 4% year-over-year)

• Days on market: 56
  (Up from 48 in 2024)

These softer numbers reflect buyers taking more time and seeking stability before committing. Inventory remains healthy, giving move-up buyers more choice than they have had in years.

What TRREB Is Saying

The Toronto Regional Real Estate Board noted that many families want to take advantage of lower borrowing costs and better prices. What holds them back is confidence in long-term employment and the broader economy.
Encouragingly, November brought stronger job reports and signs that Canada is navigating global trade pressures better than expected.

If this momentum continues, we may see more buyers return to the market in early 2026.

Freehold Market Trends

Detached Homes

• Average price: $1,545,941

• List-to-sold ratio: 97%

• Days on market: 29

• Sales: 600

Detached properties remain desirable for families seeking more space. Prices eased, but demand stayed steady, especially in established neighbourhoods where schools and amenities shape lifestyle decisions.

Semi-Detached Homes

• Average price: $1,187,111

• List-to-sold ratio: 103%

• Days on market: 21

• Sales: 209

This segment continues to attract young couples moving from condos. Limited supply keeps competition balanced, even in a quieter market.

Condominium Market Trends

• Average price: $701,259

• List-to-sold ratio: 98%

• Days on market: 36

• Sales: 880

The condo market feels the slowdown more sharply. Many investors remain cautious, and this creates better opportunities for first-time buyers and downsizers. For young families thinking about upgrading, this creates a healthier pathway from condo to freehold.

What This Market Means for You

Today’s market rewards thoughtful planning.
Sellers need strong preparation, clean presentation, and pricing supported by data. Buyers benefit from more choice and more room to negotiate.

For young professionals and families, this period offers something important: time.
Time to assess lifestyle goals, future plans, and long-term financial comfort.
This approach has always guided my work with clients, and it is especially valuable in markets like this one.

Looking Ahead to 2026

If economic stability continues, we may see renewed confidence as early as spring.
More people could re-enter the market, and competition may rise again.
A well-prepared plan will help you stay ahead of this shift.

A Personal Note

As someone active in both Toronto and Los Cabos markets, I see how lifestyle decisions shape every move. A home is more than a financial choice. It is where your next chapter begins.

Let’s Talk About Your Next Step

If you are thinking of upgrading, selling, or entering the market for the first time, I would be honoured to guide you.

I offer:

• A tailored market analysis

• Advice rooted in financial insight

• My full Concierge Method to prepare your home with care

• Support well beyond the transaction

Please feel free to reach out anytime. Together, we can plan the right move for your lifestyle and your future.