Annual Greater Toronto Area (GTA) home sales declined in 2025 compared to 2024, as economic uncertainty weighed on consumer confidence. Over the same period, listing inventory remained elevated, allowing for selling prices to be negotiated downward, helping improve affordability.

Greater Toronto home sales fell again on an annual basis last month, as buyers remained on the sidelines much like they did for the majority of the year amid a lack of confidence in the economy.

Commercial real estate firms say the return-to-office trend seems poised to ramp up into the new year, with landlords pivoting to accommodate the evolving needs of renters and their employees.