April 2025 followed seasonal trends with more activity than March—but home sales in the GTA are still trailing behind last year. 📆
GTA REALTORS® reported 5,601 sales—down 23.3% from April 2024—as many buyers continue to wait for rate cuts and more economic certainty. 🏦
New listings rose 8.1% year-over-year to 18,836, giving buyers more to choose from. The average selling price dipped 4.1% to $1,107,463, while the MLS® HPI Composite dropped 5.4%. 💸
Are you wondering what this means for the value of your home? DM us @boltonandclements for expert advice on your specific situation! 🏡🔍
Watch our April 2025 Market Report reel on Instagram and see how the trends affect you. 🏡
Yours in real estate,
Bolton & Clements Real Estate Group