March 2025 saw a more affordable GTA housing market! With borrowing costs and home prices easing, homeownership became more accessible for buyers. 📉🏠
GTA REALTORS® reported 5,011 home sales—a 23.1% drop from last year—while new listings surged 28.6%, giving buyers more options. The average selling price landed at $1,093,254, down 2% year-over-year, while the MLS® HPI Composite dipped 3.8%.
With more inventory and shifting conditions, buyers and sellers have new opportunities in today’s market. 💼📊
Are you wondering what this means for the value of your home? DM us @boltonandclements for expert advice on your specific situation! 🏡🔍
Watch our March 2025 Market Report reel on Instagram and see how the trends affect you. 🏡
Yours in real estate,
Bolton & Clements Real Estate Group