GTA Market Shift: September 2025 Sees Surge in Sales as Affordability Drives Buyer Confidence 🚀

The fall market is officially in motion, and September 2025 delivered the clear signal we've been waiting for: buyer confidence has returned to the Greater Toronto Area. The shift toward more affordable monthly mortgage payments—spurred by the Bank of Canada's September interest rate cut—has re-energized the housing sector, transforming market momentum across the GTA.

At RE/MAX President Realty, we are seeing motivated buyers capitalize on the current market conditions. The message is clear: the right blend of price adjustments and lending environment is finally moving inventory.

The Momentum of the Rate Cut: Sales Jump 8.5%

September home sales soared across the GTA, marking a decisive year-over-year increase. GTA REALTORS® reported

5,592 sales through the MLS® System, an impressive 8.5 per cent jump compared to September 2024.

This surge in demand validates our outlook: when borrowing costs ease, households immediately gain access to a wider range of housing options that fit their needs and budgets. This increased purchasing activity isn't just good for our industry; it's a vital stimulant for the broader economy through housing-related spin-off spending.

Price Correction Nears an End, Stability is the New Normal

While year-over-year pricing still reflects the recent market cycle, the month-over-month data points directly to stabilization.

• The Average Selling Price in the GTA stood at $1,059,377 in September 2025, which is a 4.7 per cent decline compared to the previous year. This marks a significant price correction that has created more entry points for buyers.
• Crucially, on a seasonally adjusted, month-over-month basis, the average selling price remained largely flat, actually edging up by 0.2 per cent compared to August 2025.

This trend indicates that while overall price levels have adjusted, we are seeing the market find a floor. Buyers are utilizing the substantial choice in the marketplace to negotiate, but as competition heats up, price stability will become more entrenched.

Interestingly, sales are up month-over-month, but new listings were down compared to August, suggesting that market conditions may have tightened slightly in some segments. This highlights the increasing urgency among buyers to secure properties before inventory levels dip further.

Our Strategic Outlook: The Path to 'Normal' Activity

The September data is a step in the right direction, but the recovery is ongoing. As TRREB experts have noted, home sales remain below normal levels relative to the number of households in the GTA.

The industry view is that two more 25-basis-point interest rate cuts by the Bank of Canada would be key to aligning monthly mortgage payments more closely with homebuyers' average incomes, further boosting sales and economic activity.

What This Means for You:

At RE/MAX President Realty, we are equipped with the deep local knowledge to help you navigate these tightening conditions. Connect with one of our trusted agents today to craft a strategy that ensures your success this fall.