Heaps Estrin Market Update | December 2025
Posted by The Heaps Estrin Team on
December in Toronto comes with familiar rituals – twinkling lights, Mariah on repeat, and calendars filling up quickly. It’s also a time of year when many homeowners quietly start asking big-picture questions: Is 2026 our year to make a move?
From a numbers standpoint, November didn’t deliver any dramatic plot twists. TRREB reported 5,010 sales across the GTA, down 15.8% from a year ago, with new listings also lower and the average selling price down about 6% year-over-year. Month-over-month prices, however, were essentially flat compared with October. The current state of affairs seems to be not a dramatic descent, but rather adjusting then holding steady.
Many would-be buyers are still biding their time, waiting for more encouraging…
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