The aggregate1 price of a home in the Greater Toronto Area (GTA) decreased 3.5 per cent year over year to $1,114,900 in the third quarter of 2025. On a quarterly basis, the aggregate price of a home in the GTA also declined 3.5 per cent.

Broken out by housing type, the median price of a single-family detached home decreased 1.2 per cent year over year to $1,403,800 in the third quarter of 2025, while the median price of a condominium decreased 7.4 per cent to $668,700 during the same period.

“The GTA housing market remains firmly in favour of buyers. Sales activity has been gradually increasing, however, this has not translated into price appreciation due to higher-than-normal levels of available inventory,” said Shawn Zigelstein, broker and leader of Team Zold, Royal LePage Your Community Realty. “Active listings are well up, with the influx of new listings consistently outpacing sales, providing prepared buyers with a significant advantage in both negotiating power and choice.”

Zigelstein also noted that properties are spending significantly more time on the market. “The average days on market is now edging towards two months – a stark contrast to the pandemic real estate frenzy, when properties were selling in just a few days. Sellers who price their homes too high are finding them languishing, as buyers remain cautious, selective and still highly price-sensitive.”

In the city of Toronto, the aggregate price of a home decreased 4.6 per cent year over year to $1,076,700 in the third quarter of 2025. During the same period, the median price of a single-family detached home decreased 7.4 per cent year over year to $1,548,700, while the median price of a condominium decreased 5.6 per cent to $644,700.

“Buyer confidence, while showing incremental improvement with clearer interest rate signals, is still restrained by a broader sense of unease about the job market and the stability of the economy overall. This lack of urgency is the defining characteristic of the current market – buyers are actively searching, but many appointments and showings are not yet converting into sales. With an unusual amount of housing stock available and affordability continuing to improve, very few people are in a hurry to buy.”

Looking ahead, Zigelstein expects this trend to continue through the remainder of the fall. He added, however, that policy reform will be necessary before activity inevitably picks up again.

“This is a rare moment of opportunity for buyers in Toronto, but the long-term health of the housing market requires special focus on increasing the right kind of housing supply – not just at the right price point, but also the right size. Development processes will need to be easier, cheaper and faster in the future.”

Royal LePage is forecasting that the aggregate price of a home in the Greater Toronto Area will decrease 3.0 per cent in the fourth quarter of 2025, compared to the same quarter last year. The previous forecast has been revised down to reflect current market conditions.

1 Aggregate prices are calculated using a weighted average of the median values of all housing types collected. Data is provided by RPS Real Property Solutions and includes both resale and new build.

Winter can be hard on the look and feel of your home. Between salt, snow and boots that never seem to dry, your entryway often bears the brunt of the season. The good news? You don’t have to sacrifice style for function. With a few thoughtful upgrades, you can protect your floors and create a welcoming space that feels both practical and stylish.

Start by layering your defences. Keep a tough mat and boot brush outside to scrape off the worst, and a washable rug inside to catch whatever sneaks through. This simple combination traps grit and moisture before it makes its way further into the house. 

A sleek (or colourful) boot tray or woven drip mat can double as protection for your floors and a subtle style detail. If you prefer a cleaner look, consider baskets or storage benches that hide boots and winter accessories while doubling as seating for pulling them on and off.

When it comes to décor, focus on materials that can stand up to daily wear but are easy to clean. Washable rugs, ceramic trays and metal hooks are practical choices that don’t compromise on style. Add a touch of coziness with a seasonal wreath or a lamp that offers a soft glow for shorter days.

With the right set-up, your entryway can stand up to winter while still feeling welcoming every time you walk through the door.

You don’t need plane tickets or a big gathering to make the holiday season feel special. Sometimes, the most memorable moments come from staying close to home, where life feels a little slower and more intentional.

Think of it as an opportunity to create traditions that feel entirely your own. It might be a favourite holiday film or playlist playing in the background while you cook, experimenting with a new baking recipe that becomes a yearly favourite, or making handmade ornaments and heartfelt greeting cards. Maybe it’s heading out for a snowy hike on a nearby trail or hanging twinkle lights in new places to make your home feel magical. 

These fun activities add warmth to the season and often become the traditions you’ll look forward to year after year. Staying home also opens the door to connection in a different way. Without the rush of airports or the pressure of hosting a large crowd, there’s space for deeper conversations, quiet reflection and quality time with the people who matter most.

For loved ones who live farther away, connection is still possible — a video call can bring plenty of joy, whether it’s sharing stories, raising a virtual toast or simply laughing together across the miles. Even time spent alone can feel restorative, whether you’re curled up with a good book, writing cards by hand or soaking in the stillness of a winter evening.

Staying home doesn’t mean doing less; it means shaping the holidays around what you value most. When the season reflects the things that truly bring you joy, you may find yourself looking forward to being home for the holidays more than ever.

A surprise snow-in is more than a change of plans, it’s also a chance to see how ready you are for a winter emergency. Childhood snow days might have meant hot chocolate and sledding, but adulthood calls for a slightly different approach. With the right essentials on hand, a stormy day at home can feel less like an interruption and more like an opportunity to slow down.

Start with the basics of comfort and safety. A stash of candles, extra batteries and portable charging banks will keep the lights on… and your devices connected if the power flickers out. Keep a well-stocked pantry with non-perishable food items and a few easy-to-prepare meals so you won’t have to venture out when the roads are at their worst. 

Don’t forget about your car. Keeping a shovel, blanket and emergency kit close at hand, but neatly out of the way, ensures you’re ready when it’s safe to head back out.

Beyond the practical, there’s also value in adding a few fun comforts to your snow day plan. Experiment with a cozy drink you’ve been meaning to try, like homemade chai or a spiced latte, and pull out a board game or puzzle. Try a creative outlet like painting, knitting or starting a craft project you’ve always put off. It could be as simple as printing photos for an album, writing in a journal or finally diving into that book waiting on your nightstand. 

Snow days create space for those little things you never seem to have enough time for. By combining practical essentials with a few comforts and activities you genuinely enjoy, a snow-in can feel less disruptive and more like a welcome pause in your routine.