GTA Homebuyers Benefit from Lower Prices and More Options

September’s housing numbers tell an important story for GTA homeowners and buyers alike. Home sales dropped 9% compared to last year, with 5,040 properties changing hands. The average price settled at $1,006,409. We’re also seeing new listings down 14.4%. Economic uncertainty and higher borrowing costs are making buyers more cautious, and that’s reflected in these numbers. After two decades watching Toronto’s real estate cycles, I know that understanding market shifts like these is crucial—especially when planning your next move, whether that’s buying, selling, or investing. With my background as both a Realtor® and mortgage specialist, I help clients navigate these trends and uncover opportunities that others might overlook.