May 2025 Toronto Market Stats
Toronto Market Update
The best place to begin this Report is with the good news. May saw 6,244 homes trade hands, the fourth consecutive month of increased, and very welcome, sales. The pace of sales is still weaker than 2024, which itself was not a strong residential resale year, particularly during its last six months. May’s reported sales were 13.3 percent fewer than May 2024, but more than 10% higher than reported sales in April. Last year 7,206 properties were reported sold. The good news is that each month, beginning in January, the negative variance is becoming smaller, and barring any unforeseen geo-political uncertainty, by the end of July the variance should swing from negative to positive.
Decanting Real Estate Podcast
Episode 7 of Decanting Real Estate is here! We are proud to present a landmark collaboration between Decanting Real Estate, Terroni, and Cavinona. Where real estate meets the art of food and wine. This partnership celebrates culture, craft, and connection. Together, we open the door to stories that go beyond the expected—rooted in passion, built on legacy, and poured with purpose.
Featured Properties
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Real Estate News
Is It A Buyers’ Market In Canada? Depends Where You Look
According to the sales-to-new-listings ratio, the national housing market is heading towards buyers’ territory — but many local markets continue to favour sellers.
The Only House in the U.S. Designed by Oscar Niemeyer Asks $19.995 Million
The late Brazilian architect Oscar Niemeyer—known for the United Nations building in New York—designed just one home that was built in the United States. That Santa Monica, Calif., home is now coming on the market for $19.995 million.
