GTA home sales totaled 5,010 in November, marking a 15.8% drop year-over-year as many buyers stayed on the sidelines waiting for clearer economic signals. 📉
New listings reached 11,134, down 4% from last November, with both sales and listings also dipping slightly compared to October’s seasonally adjusted numbers. 📋🏘️
The average selling price came in at $1,039,458, down 6.4% year-over-year, while the MLS® HPI Composite slipped 5.8% annually and held close to October levels. 💰📊
💬 Despite softer numbers, stability in month-over-month pricing suggests the market is finding its footing — creating opportunities for buyers to secure value while conditions remain negotiable.
Market Update Alert! 🏡📊
