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October brought a steady pace to the Ontario housing market. Across the GTA and surrounding regions, sales have cooled slightly while listings continue to climb, creating more breathing room for buyers and balanced conditions.

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GTA & Toronto: Sales slipped 9.5 % year over year, with the average price just over $1 million (down 7 %)

 

Durham Region: Average price sits at $851K (4 % lower than 2024). Homes are taking a little longer to sell, but the upside is clear! There is plenty of choice and opportunities for well prepared buyers.

 

Northumberland: Areas like Port Hope and Cobourg are standing out from the crowd with prices up 3 % year over year to $713K and steady sales activity.

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Ontario’s market is settling into balance. For buyers, this means real negotiating power; for sellers, success depends on smart pricing and strong presentation.

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