GTA home sales reached 5,592 in September — up 8.5% compared to last year, as lower monthly mortgage payments brought more buyers back into the market. 🏠⬆️
New listings also saw a modest 4% increase year-over-year, totaling 19,260 — keeping plenty of options available for buyers. However, with fewer new listings month-over-month, some areas may be tightening. 📉🏘️
The average selling price came in at $1,059,377, down 4.7% year-over-year. Prices remained relatively stable from August, nudging up just 0.2%. The MLS® HPI benchmark also declined 5.5% year-over-year. 💰📉
Curious how these numbers impact your buying or selling plans? DM us @boltonandclements for your personalized update! 📩💼