Thursday, July 24, 2025 / by Shiela Balanay
#Ontario Blog
A total of 80,156 homes were sold across Ontario through MLS® Systems in the first half of 2025 — down 13.4% compared to the same period last year. Despite the slowdown in activity, the average home price has held relatively steady at $852,019, reflecting only a modest 3.6% decline. While sales remain below last year’s pace, early indicators suggest the market may be stabilizing as conditions begin to shift.
Sunday, June 22, 2025 / by Shiela Balanay
Ontario MLS® Home Sales Continue to Fall as Listings Surge in May
A total of 63,191 homes were sold across Ontario through MLS® Systems in the first five months of 2025 — a notable 16.6% drop compared to the same period last year. However, the average price so far this year has remained relatively stable at $851,977, showing only a slight 3.5% decrease. With more listings hitting the market, buyers are gaining access to a wider range of options and a less competitive environment.
Thursday, May 22, 2025 / by Shiela Balanay
Ontario MLS® Home Sales Down in April
Ontario recorded 45,607 home sales through MLS® Systems in the first four months of 2025 — a 20% drop compared to the same period in 2024. Despite slower activity, the year-to-date average price held relatively firm at $848,997, reflecting only a modest 3.5% decrease. This shift suggests a more balanced market, offering buyers more breathing room, increased selection, and a chance to enter or move within the market with greater confidence. ...
Thursday, April 24, 2025 / by Shiela Balanay
Ontario MLS® Home Sales Continued to Decline in March
Residential sales data from Ontario's MLS® Systems showed a total of 31,062 homes sold in the first three months of the year, marking a significant drop of 20.7% compared to the same period in 2024. The average year-to-date price for homes was $846,188, reflecting a 2.8% decrease compared to last year. This slight dip presents potential opportunities for buyers, as the market finds a healthy balance amid evolving economic conditions, including tariff considerations. As we move into spring, this period of stabilization may offer a more approachable landscape for both buyers and sellers. ...
Saturday, March 22, 2025 / by Shiela Balanay
Ontario MLS® home sales and listings fell in February due to tariff uncertainty
Residential sales across Ontario, reported through MLS® Systems, reached 18,853 units in the first two months of the year—a significant drop of 18.9% compared to the same period in 2024. The year-to-date average price was $839,711, reflecting a slight decrease of 1.7% from the first two months of 2024.

