The GTA Housing Market Just Took a U-Turn: GTA Listings Surge + Price Softening - Your Move?

The GTA real estate market in March 2025 saw a significant increase in new listings, providing more options for buyers. While sales were down year-over-year, prices have softened slightly, leading to improved affordability. However, economic uncertainty is causing some buyers to remain cautious. We are in a BALANCED MARKET (depending what area you are in!)

KEY MARCH STATISTICS GTA:

Here are some key statistics about the GTA real estate market in March 2025:

Sales Activity:

  • There were 5,011 home sales reported through TRREB's MLS® System in March 2025.
  • This represents a 23.1% decrease compared to the 6,519 sales in March 2024.
  • However, on a month-over-month basis (February 2025 to March 2025), sales were up by 24.1%.
  • This March recorded the slowest sales in over two decades.

New Listings:

  • The number of new listings in March 2025 amounted to 17,263.
  • This is a significant 28.6% increase compared to the 13,423 new listings in March 2024.
  • New listings also increased by 43% from February 2025.
  • March 2025 had the highest number of active listings for the month of March in 16 years.

Inventory:

  • Active listings at the end of March 2025 were significantly higher compared to the previous year, up by 88% year-over-year.
  • The sales-to-new listings ratio dropped to 36.6%, indicating a move into buyer's market territory.
  • The average days on market increased from 20 days in February 2025 to 24 days in March 2025.

Market Trends and Observations:

  • Despite improved affordability, some buyers are taking a "wait-and-see" approach due to broader economic uncertainty and the upcoming federal election.
  • The significant increase in new listings is providing buyers with more choices and greater negotiating power.
  • Different property types experienced varying price changes and sales activity. Detached homes remained the most expensive, while the condo market showed more accessible price points.
  • The market is shifting towards a more balanced state, with less of the rapid price increases and intense competition seen in previous years.

Its not easy to navigate today’s market and every situation is different. But thank you to everyone who has reached to out to chat.  This is what we do and love being a voice of reason.  We are always available to chat about any questions you have - no obligation! CALL / TEXT US AT 416-457-1722

HEY RENTERS! It's YOUR TURN..... To all our rental clients keeping an eye on the market and wondering if there's ever a "right" time to buy—this might just be it.I get it. You’re probably thinking, “Real estate agents always say it’s a great time to buy.” But if you’ve been following the Armstrong Team for any length of time, you know we don’t say that lightly. When we tell you the time is right, we truly believe it. Here’s why:The condo market has been soft—especially for one-bedroom units.Right now, there’s a huge amount of inventory. In fact, across the downtown core—from Swansea to Leslieville—there are currently 560 one-bedroom condos for sale priced between $400,000 and $600,000. That’s a ton of choice for buyers. Surprised? So were we.March was slow for real estate.New listings jumped by more than 28%, while sales dropped by over 23%. That gap means more supply and less demand—something savvy buyers can take advantage of.Many buyers are still on the sidelines.Thanks to global uncertainty, a lot of people are waiting to see what happens next. But if you’re in a solid financial position, this creates a window of opportunity for you. Less competition means more room to negotiate and score a great deal.That said—if now isn’t the right time for you, that’s totally okay. We’re always happy to support your rental journey until the time is right. But if you’re ready to explore buying, let’s chat. We’ll guide you through every step.Does this sound like you? Contact our Team Member Dori Romantini Today - No Obligation! 

Curious about your home value?

We have time next week to chat and provide an assessment on your property. These are quick market breakdowns, including past sales, and assessments.  Feel free to reach out or complete the form here. Karolina & Jarrod https://jarrodarmstrong.com/home-evaluation.html Subscribe to our monthly stats updates to keep yourself informed on all the market changes... and book a consultation with us if you’re ready to make your next big move!

Follow us on Instagram to see what we're up to and subscribe to our monthly stats updates to keep abreast of all the market updates.

Book a Consultation
Featured Listings

Check out these fantastic properties available with The Armstrong Team. Contact us for more info or to book a showing.
FOR SALE – 117 Lent Cres
- Gorgeous Detached in Brampton
 -Bright 4 Bedroom + Basement
- Landscaped Yard + Renovated Kitchen
Contact for Details
For SALE- 75 Holborne Ave
-ULTRA Luxury Custom Detached
-Prime East York Location
-4 Bed + 5 Bath \ Private Garage
VIEW DETAILS
SOLD Cond –10 Park Lawn #3510
- 2 + 1 Split Layout/Parking
 -Gorgeous LAKE Views
- Great Mimico Building
FULL DETAILS HERE 
For SALE- 30 Roehampton #1506
-Great 1 Bed + DEN Layout!
-High Ceilings | Updated
-Prime Yonge + Eg Location
VIEW DETAILS

 
BOUGHT- 299 Brock
-Stunning Freehold Townhouse
-We NEGOTIATED a Record Low Price in Little Portugal
-3 Bed | 3 Bath | 3 Storey

 
BOUGHT- 3700 Highway 7
-  Client BOUGHT Under ASK!
 -Gorgeous 1 + Den
-We got a GREAT Price in the Building
Contact for details
Buying: Why Hire Us?
Selling: Contact Us

HEY TORONTO LANDLORDS!

We helped 5 of our Landlord Clients rent out their properties this past month alone! At a time when there is a glut of inventory and rental rates are going down, we are getting ours LEASED to great tenants. If you NEED TO RENT OUR YOUR HOME OR CONDO......let's chat. Because we get it done FASTER than the market average and find Great tenants!

You can't afford bad advice and no experience. Contact Us Today. 

The Armstrong Team is ready to help buyers and sellers in today's market. We want you to find your next home in the GTA and will guide you through your search with a friendly and experienced team of agents. We love this city, and we want you to love it too. 

If you are thinking of buying or selling in the next couple of months, the time to plan is now! Contact us to chat about your specific needs. We look forward to hearing from you.


CONTACT US TODAY
RSS

I have sold a property at 806 1048 Broadview Avenue in Toronto

I have sold a property at 806 1048 Broadview Avenue in Toronto on Jan 28, 2025. See details here

INCREDIBLE VALUE! Sunny and spotless with a clear, unobstructed east view and open balcony, welcome to Minto Skyy! Enjoy your 1 bedroom condo with everything you need at your doorstep, including a Sobey's right across the street. Just steps away from Broadview Subway Station, minutes from The Danforth, bike trails and the DVP, this is your new home with every convenience. To top it all off, there's the luxury of having an awesome landlord!

Read

I have sold a property at 3311 950 Portage Parkway in York

I have sold a property at 3311 950 Portage Parkway in York on Feb 7, 2025. See details here

INCREDIBLE VALUE! Located in The Vaughan Metropolitan Centre, Minutes away from the public transit system, Hwy 407, Hwy 400, SmartCentre Shopping, and all amenities, enjoy condo living at the Transit City Condo 3! 1 bedroom, ultimate floor plan with large south west facing windows on the 33rd floor makes for a beautiful unobstructed view. Living here, you will also have full access to YMCA's 100,000 Sqft Fitness & Aquatics Facility with a 20,000 Sqft Library. Don't miss your chance to live in a great building with awesome landlords! **EXTRAS** *Photos taken before current tenant occupancy.

Read

I have sold a property at 2034 Concession Road 7 in Adjala-Tosorontio

I have sold a property at 2034 Concession Road 7 in Adjala-Tosorontio on Jun 10, 2024. See details here

Connect with the OUTDOORS! This unique custom-built, one of a kind home is not to be missed! Step into your new tranquil sanctuary! Nestled along one of the area's most sought after streets, this 3+1 bedroom, 3 bath 3058 sqft home is situated on a beautiful treed lot where you can feel the peaceful atmosphere as soon as you enter the driveway. Large living spaces, an incredible solarium where you can sit with a morning coffee and embrace nature, and a huge outdoor space, this home is perfect for family gatherings and giving you the privacy to relax in your own backyard oasis. Incredibly built and lovingly cared for, it offers the perfect backdrop to make it your own. There is nothing like it. These pictures don't do this property justice. A definite must-see in person!

Read

I have sold a property at 34 Cypress Court in Aurora

I have sold a property at 34 Cypress Court in Aurora on May 6, 2024. See details here

Discover the irresistible charm of The Hills of St. Andrew, an esteemed neighborhood in Aurora. Enjoy unmatched convenience with essential amenities mere moments from your doorstep. Immerse yourself in peaceful living within this delightful community, nestled behind St. Andrew's Village. Situated near prestigious private & public schools, this 1700 sqft, 3-bedroom semi-detached home awaits to become your family's next place to live. Meticulously maintained by its original owner, enjoy the convenience of central vac and a gas hook-up for your BBQ! This home also features almost all new windows, stunning hardwood floors and a finished basement with a cold cellar, workshop, gas fireplace and walk-out access to a generous landscaped lot embraced by mature trees, offering serene privacy. Welcome to your new home! *Select Photos Virtually Staged*

Read

I have sold a property at 338 Donly Drive S in Norfolk

I have sold a property at 338 Donly Drive S in Norfolk on May 6, 2024. See details here

Welcome to 338 Donly Drive South, situated in a serene and charming neighborhood within Simcoe community of Norfolk County. This delightful 1292 sqft 2-bedroom, 3-bathroom bungalow is conveniently located just minutes away from all essential amenities, great schools including Fanshaw College, and a mere 15-minute drive to the picturesque waterfront of Port Dover. Experience quality moments with your loved ones on the backyard deck during the warmer seasons, while enjoying cozy winters indoors in this inviting open-concept home with a beautifully renovated basement boasting unique finishes, adding more living space for rec room, office and guest room. Your new home awaits you!

Read

I have sold a property at 127 Lyall Stokes Circle in East Gwillimbury

I have sold a property at 127 Lyall Stokes Circle in East Gwillimbury on Mar 7, 2024. See details here

Step into your new oasis crafted by Averton Homes, nestled in the heart of Mount Albert, offering the epitome of modern living! Embrace the chance to become a part of a vibrant community enveloped by lush greenery and scenic hiking trails, all while enjoying seamless access to major roads for convenient city commutes, local errands, and community events. This turn-key ready townhome invites you with spacious, sunlit interiors, ideal for both entertaining guests and cherishing serene moments with your loved ones. Spanning 2024 sqft, and added living space in the finished basement with walk-out, this townhome features premium laminate flooring upgrades throughout. Equipped with a quality engineered high efficiency Energy StarTM rated gas hot water/ forced air furnace and Heat Recovery Ventilation system (HRV), each floor enjoys independent temperature control, ensuring optimal comfort while minimizing energy expenditure and costs. Your dream home awaits!

Read

I have sold a property at 2309 231 Fort York Boulevard in Toronto

I have sold a property at 2309 231 Fort York Boulevard in Toronto on Jan 20, 2024. See details here

Welcome to Atlantis at Waterpark City! With a North East panoramic view overlooking Fort York and the Toronto skyline, enjoy living in a bright and spacious condo in the heart of it all! Walking distance to trendy cafes, restaurants and shops, this building also offers access to incredible amenities including 24hr concierge, an indoor pool and hot tub, sauna, fully-equipped gym, yoga studio, a rooftop deck with BBQ area and outdoor hot tub, and access to guest suites, just to name a few. This rare find comes with a parking spot, storage locker and is steps from TTC, with easy access to highways, airports and Union Station, experience luxury downtown living the way it's supposed to be.

Read

I have sold a property at 406 200 Holland Court in Bradford West Gwillimbury

I have sold a property at 406 200 Holland Court in Bradford West Gwillimbury on Jan 20, 2024. See details here

Welcome to your new home located on a quaint and quiet cul-de-sac outlooking a charming view of greenspace! Turn-key ready, this spacious 1300sqft condo is like no other, perfect for the first-time homebuyer family. Beautiful hardwood floors throughout with updated kitchen appliances and finishes, this large but cozy condo is sure to be the home of new family memories. Large primary bedroom with a view of gorgeous trees outside your window, 2 additional bedrooms with plenty of closet space, a spacious laundry room and storage closet with abundant space for additional shelving and storage. All utilities included in your maintenance fees! Walking distance to the Bradford GO Station, and a quick drive to both 400 & 404 highways, you'll have easy access to the city or cottage country in no time! This is a rare opportunity to be part of a wonderfully warm community. ***Select Photos are virtually staged***

Read

I have sold a property at 3311 950 Portage PKY in York

I have sold a property at 3311 950 Portage PKY in York on Feb 7, 2025. See details here

INCREDIBLE VALUE! Located in The Vaughan Metropolitan Centre, Minutes away from the public transit system, Hwy 407, Hwy 400, SmartCentre Shopping, and all amenities, enjoy condo living at the Transit City Condo 3! 1 bedroom, ultimate floor plan with large south west facing windows on the 33rd floor makes for a beautiful unobstructed view. Living here, you will also have full access to YMCA's 100,000 Sqft Fitness & Aquatics Facility with a 20,000 Sqft Library. Don't miss your chance to live in a great building with awesome landlords! **EXTRAS** *Photos taken before current tenant occupancy.

Read

I have sold a property at 806 1048 Broadview AVE in Toronto

I have sold a property at 806 1048 Broadview AVE in Toronto on Jan 28, 2025. See details here

INCREDIBLE VALUE! Sunny and spotless with a clear, unobstructed east view and open balcony, welcome to Minto Skyy! Enjoy your 1 bedroom condo with everything you need at your doorstep, including a Sobey's right across the street. Just steps away from Broadview Subway Station, minutes from The Danforth, bike trails and the DVP, this is your new home with every convenience. To top it all off, there's the luxury of having an awesome landlord!

Read

New property listed in Broadview North, Toronto E03

I have listed a new property at 806 1048 Broadview AVE in Toronto. See details here

INCREDIBLE VALUE! Sunny and spotless with a clear, unobstructed east view and open balcony, welcome to Minto Skyy! Enjoy your 1 bedroom condo with everything you need at your doorstep, including a Sobey's right across the street. Just steps away from Broadview Subway Station, minutes from The Danforth, bike trails and the DVP, this is your new home with every convenience. To top it all off, there's the luxury of having an awesome landlord!

Read

New property listed in Vaughan Corporate Centre, Vaughan

I have listed a new property at 3311 950 Portage PKY in York. See details here

INCREDIBLE VALUE! Located in The Vaughan Metropolitan Centre, Minutes away from the public transit system, Hwy 407, Hwy 400, SmartCentre Shopping, and all amenities, enjoy condo living at the Transit City Condo 3! 1 bedroom, ultimate floor plan with large south west facing windows on the 33rd floor makes for a beautiful unobstructed view. Living here, you will also have full access to YMCA's 100,000 Sqft Fitness & Aquatics Facility with a 20,000 Sqft Library. Don't miss your chance to live in a great building with awesome landlords!

Read
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website. The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.