Sales slow further, prices dip, and inventory remains elevated — creating more opportunity for savvy buyers.

🔍 By the Numbers: November at a Glance

• Total Sales: 5,010 (–15.8% YoY, –18.3% MoM) Toronto Real Estate Board+1

• Average Selling Price: $1,039,458 (–6.4% YoY, –1.4% MoM) Toronto Real Estate Board+1

• New Listings: –4.0% YoY, –1.4% MoM Toronto Real Estate Board+1

• Active Listings: 24,549 (+16.8% YoY, –11.2% MoM) Toronto Real Estate Board+1

• Sales-to-New Listings Ratio: ~ 45%

• Days on Market:

  • Property DOM: 56 days

  • Listing DOM: 34 days

• Months of Inventory: 4.90 months — a balanced market, but still favouring buyers

SOURCE: TRREB November 2025 Market Update

🧠 Top Takeaway

With sales dropping to a five-month low and prices continuing to soften — even as inventory remains elevated — November provides buyers with substantial choice and negotiating leverage, while sellers need strategy more than urgency.

What's happening locally? Durham Region Market Insights

Every city/town is unique as are the communities within them. Scroll through to find your town.

🏘 Segment Performance

• Condos: ~ 25.9% of sales, ~ 33.5% of active inventory, with 6.33 months of supply → Firm buyer’s market

• Detached Homes: 4.83 months of supply → Balanced, but trending toward buyer’s market

• Durham Region: ~ 3.46 months of inventory → Balanced

• City of Toronto: ~ 4.9 months inventory → Balanced, but leaning toward buyers

SOURCE: TRREB November 2025 Market Update

🏦 Economic & Financing Context

• The Bank of Canada (BoC) cut its policy rate to 2.25% in late October — its lowest point in years — aiming to support the economy amid ongoing macroeconomic uncertainties. Bank of Canada+1

• That cut lowered borrowing costs and helped affordability, but the BoC has signalled the rate-cutting cycle may be over for now, as inflation stabilizes and economic pressures recalibrate. Yahoo Finance+1

• As a result, many rate-sensitive buyers who acted on earlier cuts already benefited; new buyers may now need to factor in elevated supply and cautious lender sentiment.

SOURCES: Bank of Canada, Yahoo Finance

🔄 What’s Changing — and What’s Not

• Sales continue to pull back — November marked one of the slowest months for transactions in 2025.

• Prices remain soft — Average selling price saw further YoY decline, with more downward pressure likely until supply balances with demand.

• Inventory stays elevated — Nearly 25,000 active listings gives buyers strong selection and leverage.

• Condos remain buyer-friendly, while detached homes and certain suburbs show early signs of pricing stabilization — but require careful positioning.

• Rate cuts offer support, but uncertainty lingers — Economic headwinds, global trade tensions, and market caution continue to influence buyer confidence.

⚖️ Buyers vs. Sellers: What This Means

For Buyers:

• More options and lower prices — this is a good window for negotiation, especially for condos and mid-priced detached homes.

• Because inventory is deep, you have time to assess, compare, and negotiate — no need to rush.

• If you find a property that fits your needs and budget now, the odds favour securing a favourable deal.
  

For Sellers:

• Pricing aggressively and realistically matters more than ever — overpricing in a buyer-favoured market often leads to extended time on market.

• Presentation and marketing will matter — with many options available, the standout homes will get attention.

• For detached or resale homes in balanced zones like Durham, timing and proper positioning remain the keys to success.

🔮 Quick Verdict

✅ Bottom Line

With steep price drops in 2025, high inventory, and softer demand, November 2025 reinforced a more buyer-favoured market.

If you’re thinking about buying, selling — or just curious where this market is headed — reach out. We’ll help you navigate intelligently and confidently in this evolving real-estate landscape.

👉 Contact us today to get started.

Buyers continue to benefit as sales soften, prices dip, and inventory stays elevated—despite improving monthly momentum.

🔍 By the Numbers: October at a Glance

• Total Sales: 6,138 (–9.5% YoY, +9.76% MoM)

• Average Selling Price: $1,054,372 (–7.2% YoY, –0.5% MoM)

• New Listings: +2.7% YoY, –16.6% MoM

• Active Listings: 27,808 (+17.2% YoY, –5.4% MoM)

• Sales-to-New Listings Ratio: ~38%

• Days on Market:

  • Property DOM: 50 days

  • Listing DOM: 31 days

• Months of Inventory: 4.53 months — a balanced market favouring buyers
  

🧠 Top Takeaway

October continued a trend of improved month-over-month sales, but high supply and softening prices create ideal conditions for confident buyers to take advantage of increased affordability.

What's happening locally? Toronto Market Insights

Then what’s happening out east in Durham region. Every city/town is unique as are the communities within them. Scroll through to find your town.

🏘 Segment Performance

Condos

• ~25.4% of sales

• ~32% of active inventory

• 5.7 months of supply → Firm buyer’s market
  Condo inventory remains high, keeping conditions highly negotiable for buyers, especially for 1-bedroom and micro units.
  

Detached Homes

• 4.5 months of inventory

• Moving back toward balance but still leaning buyers
  Detached homes show more stability than condos, but elevated supply continues to give buyers leverage.
  

Durham Region

• 3.6 months of inventory

• Still balanced, but slowly rising inventory is easing pressure on buyers.
  

City of Toronto

• 4.53 months of inventory

• Improved from earlier in the year but still buyer-leaning

🏦 Economic & Financing Context

• The Bank of Canada cut its policy rate by 0.25% in October, marking another step toward improved borrowing conditions.

  • Variable-rate mortgage holders benefit immediately: for every $100,000 of mortgage debt, the latest prime rate cut translates into savings of about $14 less per month under a 25-year amortization. 

  • Fixed-payment variable mortgages (where monthly payments stay the same even if rates fall) see greater principal repayment when rates drop, boosting equity growth even if the payment doesn’t change. 

  • Home equity lines of credit (HELOCs) and personal lines of credit—both tied to prime—also see immediate interest-cost relief following the prime reduction. 

  • With roughly one-third of outstanding mortgages in Canada still variable-rate, the rate cut offers meaningful financial flexibility for a large portion of homeowners.

• Lower borrowing costs could help offset declines in prices, slowly improving affordability—but have not yet been enough to pull hesitant buyers off the sidelines.

• Economic uncertainty tied to global trade tensions (U.S.–China, U.S.–Canada) continues to weigh on consumer confidence and spending.

🔄 What’s Changing — and What’s Not

✅ Momentum is returning

Sales increased month-over-month as buyers reacted to lower mortgage rates.

✅ Prices continue to soften

Year-over-year declines persist, October showed the largest YoY price decline of 2025..

✅ Supply remains a powerful market force

High inventory continues to give buyers strong negotiation power despite improving sales numbers.

✅ Rate cuts help—but don’t change the fundamentals yet

Borrowing is cheaper, but broader economic uncertainty continues to hold many buyers back.

⚖️ Buyer vs. Seller Strategy

For Buyers:

• You’re still firmly in the driver’s seat.

• With lower rates and high inventory, take your time—but avoid trying to time the exact bottom.

• There’s meaningful negotiating room in condos and mid-tier detached homes.

• If you find a home that meets your needs and budget, the fundamentals favor buying now rather than waiting.
  

For Sellers:

• Price strategically and realistically—do not chase the market downward.

• Homes that are priced accurately and show well are selling; homes that aren’t are sitting.

• Understand your local competition—especially if selling a condo or entry-level detached home.

• Preparation, pricing, and promotion remain critical in this environment.
  

🔮 Quick Verdict

The Bottom Line:

In October, sales weren’t strong enough to combat softening prices, combined with elevated inventory and a fresh rate cut it created one of the most buyer-friendly markets we’ve seen—giving ready buyers meaningful negotiation power in a cautiously improving landscape.

Need help navigating the current market?

👉 Reach out for a personalized consultation

Buyers continue to benefit as sales soften, prices dip, and inventory stays elevated—despite improving monthly momentum.

🔍 By the Numbers: October at a Glance

• Total Sales: 6,138 (–9.5% YoY, +9.76% MoM)

• Average Selling Price: $1,054,372 (–7.2% YoY, –0.5% MoM)

• New Listings: +2.7% YoY, –16.6% MoM

• Active Listings: 27,808 (+17.2% YoY, –5.4% MoM)

• Sales-to-New Listings Ratio: ~38%

• Days on Market:

  • Property DOM: 50 days

  • Listing DOM: 31 days

• Months of Inventory: 4.53 months — a balanced market favouring buyers
  

🧠 Top Takeaway

October continued a trend of improved month-over-month sales, but high supply and softening prices create ideal conditions for confident buyers to take advantage of increased affordability.

What's happening locally? Durham Region Market Insights

Every city/town is unique as are the communities within them. Scroll through to find your town.

🏘 Segment Performance

Condos

• ~25.4% of sales

• ~32% of active inventory

• 5.7 months of supply → Firm buyer’s market
  Condo inventory remains high, keeping conditions highly negotiable for buyers, especially for 1-bedroom and micro units.
  

Detached Homes

• 4.5 months of inventory

• Moving back toward balance but still leaning buyers
  Detached homes show more stability than condos, but elevated supply continues to give buyers leverage.
  

Durham Region

• 3.6 months of inventory

• Still balanced, but slowly rising inventory is easing pressure on buyers.
  

City of Toronto

• 4.53 months of inventory

• Improved from earlier in the year but still buyer-leaning

🏦 Economic & Financing Context

• The Bank of Canada cut its policy rate by 0.25% in October, marking another step toward improved borrowing conditions.

  • Variable-rate mortgage holders benefit immediately: for every $100,000 of mortgage debt, the latest prime rate cut translates into savings of about $14 less per month under a 25-year amortization. 

  • Fixed-payment variable mortgages (where monthly payments stay the same even if rates fall) see greater principal repayment when rates drop, boosting equity growth even if the payment doesn’t change. 

  • Home equity lines of credit (HELOCs) and personal lines of credit—both tied to prime—also see immediate interest-cost relief following the prime reduction. 

  • With roughly one-third of outstanding mortgages in Canada still variable-rate, the rate cut offers meaningful financial flexibility for a large portion of homeowners.

• Lower borrowing costs could help offset declines in prices, slowly improving affordability—but have not yet been enough to pull hesitant buyers off the sidelines.

• Economic uncertainty tied to global trade tensions (U.S.–China, U.S.–Canada) continues to weigh on consumer confidence and spending.

🔄 What’s Changing — and What’s Not

✅ Momentum is returning

Sales increased month-over-month as buyers reacted to lower mortgage rates.

✅ Prices continue to soften

Year-over-year declines persist, October showed the largest YoY price decline of 2025..

✅ Supply remains a powerful market force

High inventory continues to give buyers strong negotiation power despite improving sales numbers.

✅ Rate cuts help—but don’t change the fundamentals yet

Borrowing is cheaper, but broader economic uncertainty continues to hold many buyers back.

⚖️ Buyer vs. Seller Strategy

For Buyers:

• You’re still firmly in the driver’s seat.

• With lower rates and high inventory, take your time—but avoid trying to time the exact bottom.

• There’s meaningful negotiating room in condos and mid-tier detached homes.

• If you find a home that meets your needs and budget, the fundamentals favor buying now rather than waiting.
  

For Sellers:

• Price strategically and realistically—do not chase the market downward.

• Homes that are priced accurately and show well are selling; homes that aren’t are sitting.

• Understand your local competition—especially if selling a condo or entry-level detached home.

• Preparation, pricing, and promotion remain critical in this environment.
  

🔮 Quick Verdict

The Bottom Line:

In October, sales weren’t strong enough to combat softening prices, combined with elevated inventory and a fresh rate cut it created one of the most buyer-friendly markets we’ve seen—giving ready buyers meaningful negotiation power in a cautiously improving landscape.

Need help navigating the current market?

👉 Reach out for a personalized consultation

Discover the Magic of the Holiday Season in the Durham Region. Shop these Holiday Markets!

Experience the warmth and wonder of the holiday season with Durham Region’s charming Christmas markets and festive events! These markets capture the spirit of the holidays, offering everything from unique gifts and seasonal treats to live entertainment and family-friendly activities. Here’s your guide to the must-visit Christmas markets in Durham Region for 2025.

Read to the very end for a special surprise holiday market 10 years in the making.

🎄 November Christmas Markets 🎄

1. Uxbridge Farmers’ Christmas Market

• When: Sundays, November 2 - December 14, 2025, 10 a.m. - 3 p.m.

• Where: Uxbridge Arena Hall, 291 Brock Street West, Uxbridge

• What’s Special: Shop for locally crafted treasures, from handmade candles to jewelry, in a relaxed, festive setting. Free admission makes this market ideal for early holiday shoppers looking for unique finds.

2. Bright & Merry Market, Oshawa

• When: Friday, November 14, 2025, 5 p.m. - 9 p.m.

• Where: City Hall to Memorial Park, Oshawa

• What’s Special: Enjoy Oshawa’s holiday tree-lighting ceremony, browse local vendor booths, and meet Santa! With live entertainment in the crisp November air, this outdoor market is perfect for kicking off the holiday season.

3. Downtown Whitby Christmas Market

• When: Friday, November 14, 4 p.m. - 9 p.m.; Saturday, November 15, 10 a.m. - 8 p.m.

• Where: Celebration Square, 405 Dundas St. W., Whitby

• What’s Special: This popular annual market offers unique crafts, holiday entertainment, and delicious food trucks. With free trolley rides and carolers, it’s a lively way to spend the weekend with family and friends.

4. Christmas Market at Niemi Family Farm, Mount Albert

• When: Fridays & Saturdays, November 14 - December 20, 2025, 12 p.m. - 8 p.m.

• Where: 18463 Highway 48, Mount Albert

• What’s Special: Inspired by Scandinavian traditions, this market includes handmade Finnish gifts, a Christmas train ride, and a visit from Santa. Entry is free, though some attractions require tickets.

5. 14th Annual Christmas Craft Bazaar, Whitby

• When: Sunday, November 16, 2025, 10 a.m. - 3 p.m.

• Where: Royal Canadian Legion Branch 112, 117 Byron St. S., Whitby

• What’s Special: Explore a range of artisanal crafts, perfect for finding one-of-a-kind holiday gifts while supporting local talent.

6. Holiday in the Hills, Orono (Christmas Festival)

• When: Opening Saturday, November 22, 2025 (The full festival runs until December 22, 2025)

• Where: 2 Princess Street, Orono, Ontario

• What’s Special: Step into a winter wonderland featuring Santa’s Mail Room, Elf School, and a Bear Factory. Tickets are required for this immersive holiday experience.

7. Christmas in the Village, Brooklin

• When: Saturday, November 22, 2025

• Where: Downtown Brooklin, Whitby

• What’s Special: Enjoy small town holiday charm with a pancake breakfast, a Christmas market, carol singing, family-friendly activities, and a free community skate.

8. Holiday Market by Community Living, Ajax

• When: Saturday, November 29, 2025, 9 a.m. - 3 p.m.

• Where: 177 Dowty Road, Ajax

• What’s Special: Hosted by Community Living, this market not only provides great holiday shopping but also supports local charities through collections of food items and winter accessories.

9. Bowmanville Christmas Market (Date TBC)

• When: 2025 Date To Be Confirmed

• Where: Garnet B. Rickard Recreation Center, Bowmanville

• What’s Special: Enjoy a day of festive shopping with local gifts, seasonal treats, and decorations to get you into the holiday spirit. Please check back closer to the season for the confirmed 2025 date for this popular community market.

🎅 December Christmas Markets 🎅

10. Moonlight Magic & Christmas Market, Bowmanville

• When: Friday, December 5, 2025, 5 p.m. - 9 p.m.

• Where: Temperance Street, Historic Downtown Bowmanville

• What’s Special: Delight in a festive tree-lighting, children’s entertainment, and complimentary horse-drawn wagon rides. Browse unique handmade gifts while enjoying seasonal treats and extended shopping hours.

11. Pingle’s Farm Market Christmas Fest, Hampton

• When: Weekends, December 6 - 21, 2025, 9:30 a.m. - 3:30 p.m.

• Where: 805 Taunton Road, Hampton

• What’s Special: This farm celebration includes live music, bonfires, wagon rides, and visits with Santa. Make sure to purchase tickets online in advance for a full day of family-friendly fun!

🎉 10 Years!! 🎊

12. 🎁 Picks & Giggles 10th Annual Holiday Market 🎁

• Where: Upper level of the old Sears building, Oshawa Centre

• Dates & Hours:

  • November 22 & 23, 2025: Saturday 10 a.m. - 8 p.m., Sunday 10 a.m. - 7 p.m.

  • November 29 & 30, 2025: Saturday 10 a.m. - 8 p.m., Sunday 10 a.m. - 7 p.m.

  • December 6 & 7, 2025: Saturday 10 a.m. - 8 p.m., Sunday 10 a.m. - 7 p.m.

  • December 13 & 14, 2025: Saturday 10 a.m. - 8 p.m., Sunday 10 a.m. - 7 p.m.

• What’s Special: For the second time, Picks & Giggles’ highly anticipated Holiday Market will be hosted at the Oshawa Centre. Over four weekends, this unique market series will spotlight a diverse array of artisans, designers, and small businesses from Ontario. Each of the eight market days will showcase a rotating lineup of vendors, ensuring something new to discover each time. Alongside unique shopping opportunities, guests can enjoy live entertainment and holiday music to enhance the festive experience.

• Admission: $5 per market day or $10 for an all-access pass that covers all eight days (Kids under 14 enter free).

• With vendors specializing in jewelry, food, fashion, art, home, and lifestyle goods, Picks & Giggles is the perfect place to find meaningful, locally crafted gifts for everyone on your list. Don’t miss out—stay tuned to their website for updates, event announcements, and a full list of featured vendors.

Make the Season Bright in the Durham Region

Durham Region’s Christmas markets offer more than just shopping—they’re community gatherings that capture the spirit of the holidays. Mark your calendar and join the festivities to make the most of this magical season!

Sales tick up, prices soften, and inventory continues to favor buyers—yet key segments are showing signs of change.

🔍 By the Numbers: September at a Glance

• Total Sales: 5,592 (+8.5% YoY, +7.3% MoM)

• Average Selling Price: $1,059,377 (–4.7% YoY, +3.6% MoM)

• New Listings: +18.9% YoY, +6.9% MoM

• Active Listings: 30,215 (+26.1% YoY, –4.4% MoM)

• Sales-to-New Listings Ratio: ~29%

• Days on Market:

  • Property DOM: 51 days

  • Listing DOM: 33 days

• Months of Inventory: 5.26 months — favoring buyers

🧠 Top Takeaway

While sales are rising and some price momentum returned, elevated inventory levels and longer listing times continue to tilt the market in favour of buyers.

What's happening locally? Toronto Market Insights

Then what’s happening out east in Durham region. Every city/town is unique as are the communities within them. Scroll through to find your town.

🏘 Segment Performance

• Condos: Represent ~25.7% of sales and ~31.4% of inventory, with ~6.42 months of supply — still clearly a buyer’s market

• Detached Homes: ~5.14 months of inventory — shifting further into buyer territory

• City of Toronto: ~5.16 months across home types — leans toward buyers

• Durham Region: Inventory sits at ~3.97 months — rising but remains more balanced

🏦 Economic & Financing Context

• In September, the Bank of Canada cut its policy rate, offering relief to borrowers and helping to support buyer activity (as noted in TRREB’s press release).

• This rate move may help to counterbalance the inventory pressure and re-energize some buyers who were previously sidelined.

• However, rising inflation and global trade uncertainty may temper further rate cuts.

🔄 What’s Changing — and What’s Not

1. Momentum is returning — monthly sales growth suggests improving buyer activity.

2. Prices remain soft — year-over-year declines persist despite a month-over-month rise.

3. Supply remains a dominant factor — with over five months of inventory and increased DOM, buyers hold more negotiation power.

4. Segment divergence continues — condos and detached properties are increasingly favoring buyers compared to earlier in 2025.

5. Rate cuts help, but not a full reset — the September BoC move is supportive, but deeper economic clarity is needed to sustain momentum.

⚖️ Buyer vs. Seller Strategy

For Buyers:

• You have room to negotiate — take your time to find the right fit.

• Don’t over-leverage timing — the bottom is rarely obvious in real-time.

• Lock in financing while buyer-friendly rates persist.

For Sellers:

• Be assertive with pricing—don’t chase the market upward.

• The longer your home sits, the more it erodes value.

• For entry-level properties, strong staging and promotion can still attract buyers in this market.

• In more competitive areas like Durham, balance your expectations with current supply dynamics.

🔮 Quick Verdict

Bottom line:
In September, GTA sales gained momentum while prices held steady, but abundant inventory and longer time on market maintained a buyer’s advantage.

Need help navigating the current market?

👉 Reach out for a personalized consultation

Sales tick up, prices soften, and inventory continues to favour buyers—yet key segments are showing signs of change.

🔍 By the Numbers: September at a Glance

• Total Sales: 5,592 (+8.5% YoY, +7.3% MoM)

• Average Selling Price: $1,059,377 (–4.7% YoY, +3.6% MoM)

• New Listings: +18.9% YoY, +6.9% MoM

• Active Listings: 30,215 (+26.1% YoY, –4.4% MoM)

• Sales-to-New Listings Ratio: ~29%

• Days on Market:

  • Property DOM: 51 days

  • Listing DOM: 33 days

• Months of Inventory: 5.26 months — favouring buyers

🧠 Top Takeaway

While sales are rising and some price momentum returned, elevated inventory levels and longer listing times continue to tilt the market in favour of buyers.

What's happening locally? Durham & Toronto Market Insights

Every city/town is unique as are the communities within them. Scroll through to find your town.

🏘 Segment Performance

• Condos: Represent ~25.7% of sales and ~31.4% of inventory, with ~6.42 months of supply — still clearly a buyer’s market

• Detached Homes: ~5.14 months of inventory — shifting further into buyer territory

• Durham Region: Inventory sits at ~3.97 months — rising but remains more balanced

• City of Toronto: ~5.16 months across home types — leans toward buyers

🏦 Economic & Financing Context

• In September, the Bank of Canada cut its policy rate, offering relief to borrowers and helping to support buyer activity (as noted in TRREB’s press release).

• This rate move may help to counterbalance the inventory pressure and re-energize some buyers who were previously sidelined.

• However, rising inflation and global trade uncertainty may temper further rate cuts.

🔄 What’s Changing — and What’s Not

1. Momentum is returning — monthly sales growth suggests improving buyer activity.

2. Prices remain soft — year-over-year declines persist despite a month-over-month rise.

3. Supply remains a dominant factor — with over five months of inventory and increased DOM, buyers hold more negotiation power.

4. Segment divergence continues — condos and detached properties are increasingly favouring buyers compared to earlier in 2025.

5. Rate cuts help, but not a full reset — the September BoC move is supportive, but deeper economic clarity is needed to sustain momentum.

⚖️ Buyer vs. Seller Strategy

For Buyers:

• You have room to negotiate — take your time to find the right fit.

• Don’t over-leverage timing — the bottom is rarely obvious in real-time.

• Lock in financing while buyer-friendly rates persist.

For Sellers:

• Be assertive with pricing—don’t chase the market upward.

• The longer your home sits, the more it erodes value.

• For entry-level properties, strong staging and promotion can still attract buyers in this market.

• In more competitive areas like Durham, balance your expectations with current supply dynamics.

🔮 Quick Verdict

Bottom line:
In September, GTA sales gained momentum while prices held steady, but abundant inventory and longer time on market maintained a buyer’s advantage.

Need help navigating the current market?

👉 Reach out for a personalized consultation

Apple season is here! Crisp mornings, sweet orchard scents, and baskets waiting to be filled — September is the perfect month for apple picking in Durham Region. Here’s your go-to guide for local orchards and what you can expect this month:

1. Maple Grove Orchards (Bowmanville)

👉 maplegroveorchards.ca
This family-run orchard is rolling out apple varieties week by week:

• Ginger Gold – Sept 5

• McIntosh & Royal Gala – Sept 12

• Honeycrisp & Cortland – Sept 19

• Empire – Sept 26

• Fuji – Oct 3

• Red Delicious – Oct 10

Perfect for families who love planning return visits to try different apples all season long!

2. Nature’s Bounty Farm (Port Perry)

👉 naturesbountyfarm.ca
Open since Sept 4, this scenic farm offers over a dozen varieties. September highlights include:

• Gala & Honeycrisp – mid-September

• Cortland, Macoun, Shizuka, Northern Spy, Red Delicious – mid-September

• Ambrosia, Jonagold, Empire – late September/early October

It’s a great spot for families who want variety and a longer season of apple picking.

3. Archibald’s Orchard & Estate Winery (Bowmanville)

👉 archibaldswinery.com
Pick-Your-Own starts Saturday, Sept 6! 🍏

• Early September: Paula Red, Silken, Gala, McIntosh

• Sept 13: Cortland & Honeycrisp

• Late September: Empire, Ambrosia, Mutsu (Crispin)

• October: Red Delicious, Ida Red, Wild Pink

Bonus for parents: After apple picking, stop by their winery for award-winning ciders and fruit wines.

4. Pingle’s Farm Market (Hampton)

👉 pinglesfarmmarket.com
It’s more than apple picking — the Harvest Festival is on now! 🎉 Families can enjoy wagon rides, farm activities, a corn maze, and of course, fresh apple picking. Great for turning your orchard visit into a full-day adventure.

5. Watson Farms (Bowmanville)

👉 watsonfarms.ca
This family-friendly farm has pick-your-own apples plus other goodies in season. Currently picking:

• Ginger Gold

• Honeycrisp

• Plus beans and even late strawberries on weekends 🍓

A fun “mix-and-match” spot if your family wants more than apples.

6. Brooks Farms (Mount Albert – just outside Durham)

👉 brooksfarms.com
Worth the short drive! Brooks is known for its fun farm attractions, playland, and seasonal events. Add apple picking to the mix, and you’ve got a perfect outing for kids who need a little extra adventure.

✅ Takeaway: Whether you’re after early-season Ginger Golds, classic McIntosh, or the ever-popular Honeycrisp, September in Durham Region offers plenty of orchards for fresh air, family fun, and a bushel of memories.

Sales hold steady, prices dip, and inventory levels continue to give buyers the upper hand.

By the Numbers: September at a Glance

• Total Sales: 5,211 (+2.3% YoY, –14.6% MoM)

• Average Selling Price: $1,022,143 (–5.2% YoY, –2.8% MoM)

• New Listings: Up 9.4% YoY, down 20.3% MoM

• Active Listings: 27,495 (+22.4% YoY, –9% MoM)

• Sales-to-New Listings Ratio: ~37%

• Days on Market:

  • Property DOM: 41 days

  • Listing DOM: 30 days

• Months of Inventory: ~5 months — favouring buyers

🧠 Top Takeaway:

August showed stable sales but continued price softness, with steady inventory keeping the market tilted in favour of buyers—even as demand remains consistent.

What's happening locally? Durham & Toronto Market Insights

Every city/town is unique as are the communities within them. Scroll through to find your town.

📸 Segment Snapshot

📉Economic & Construction Insights

• Bank of Canada Watch: With the next rate decision on September 17, all eyes are on upcoming inflation data to guide policy direction. Opinions vary on whether the central bank will raise or cut its 2.75% rate.

• Building Activity Slowing: New housing starts surged 4% July-over-July overall in Canada, but Ontario continues to lag. Windsor recorded 25% fewer starts in H1 2025 versus 2024—and Toronto’s figures fell dramatically.
  

🏠 What’s Changing — and What’s Not

1. Affordability Still a Focus: Prices are easing YoY, but many buyers still face monthly affordability challenges—even in a more liquid market.
   

2. Inventory Remains Elevated: With five months of supply, buyers have ample choice, though market activity remains measured.
   

3. Construction Slowdown Looms: Decreased housing starts in Ontario may tighten future supply—an important insight for strategic buyers or long-term investors.
   

4. Interest Rate Uncertainty Ahead: Inflation data due mid-September could sway BoC decisions, impacting mortgage cost expectations.

⚖️ Buyers vs. Sellers: What’s the Game Plan?

For Buyers:

• You’ve got room to navigate—no need to rush or overpay.

• Stay informed about rate movements ahead of the September decision.

• Low construction today may mean fewer new choices down the road—act when ready.

For Sellers:

• Price competitively—don’t cut too late chasing correction.

• Professional valuation remain important

• Let’s align your timing with market trends and local dynamics—especially in areas like Durham, where inventory remains balanced.

🔮 Quick Verdict

📞Need a Customized Buying or Selling Strategy?

Whether you’re ready to act or just assessing, now is the time for informed moves. Let’s collaborate to create a strategy tailored to your goals and market timing.

👉 Reach out for a personalized consultation

SOURCES: TRREB, Canadian Mortgage Trends, CMP, Bank of Canada, CBC, Todayville, cmhc-schl.gc.ca, TD Economics, RBC

Sales hold steady, prices dip, and inventory levels continue to give buyers the upper hand.

By the Numbers: September at a Glance

• Total Sales: 5,211 (+2.3% YoY, –14.6% MoM)

• Average Selling Price: $1,022,143 (–5.2% YoY, –2.8% MoM)

• New Listings: Up 9.4% YoY, down 20.3% MoM

• Active Listings: 27,495 (+22.4% YoY, –9% MoM)

• Sales-to-New Listings Ratio: ~37%

• Days on Market:

  • Property DOM: 41 days

  • Listing DOM: 30 days

• Months of Inventory: ~5 months — favouring buyers

🧠 Top Takeaway:

August showed stable sales but continued price softness, with steady inventory keeping the market tilted in favour of buyers—even as demand remains consistent.

What's happening locally? Durham & Toronto Market Insights

Every city/town is unique as are the communities within them. Scroll through to find your town.

📸 Segment Snapshot

📉Economic & Construction Insights

• Bank of Canada Watch: With the next rate decision on September 17, all eyes are on upcoming inflation data to guide policy direction. Opinions vary on whether the central bank will raise or cut its 2.75% rate.

• Building Activity Slowing: New housing starts surged 4% July-over-July overall in Canada, but Ontario continues to lag. Windsor recorded 25% fewer starts in H1 2025 versus 2024—and Toronto’s figures fell dramatically.
  

🏠 What’s Changing — and What’s Not

1. Affordability Still a Focus: Prices are easing YoY, but many buyers still face monthly affordability challenges—even in a more liquid market.
   

2. Inventory Remains Elevated: With five months of supply, buyers have ample choice, though market activity remains measured.
   

3. Construction Slowdown Looms: Decreased housing starts in Ontario may tighten future supply—an important insight for strategic buyers or long-term investors.
   

4. Interest Rate Uncertainty Ahead: Inflation data due mid-September could sway BoC decisions, impacting mortgage cost expectations.

⚖️ Buyers vs. Sellers: What’s the Game Plan?

For Buyers:

• You’ve got room to navigate—no need to rush or overpay.

• Stay informed about rate movements ahead of the September decision.

• Low construction today may mean fewer new choices down the road—act when ready.

For Sellers:

• Price competitively—don’t cut too late chasing correction.

• Professional valuation remain important

• Let’s align your timing with market trends and local dynamics—especially in areas like Durham, where inventory remains balanced.

🔮 Quick Verdict

📞Need a Customized Buying or Selling Strategy?

Whether you’re ready to act or just assessing, now is the time for informed moves. Let’s collaborate to create a strategy tailored to your goals and market timing.

👉 Reach out for a personalized consultation

SOURCES: TRREB, Canadian Mortgage Trends, CMP, Bank of Canada, CBC, Todayville, cmhc-schl.gc.ca, TD Economics, RBC

If you’re considering a move in the last half of 2025 getting expert insight into the market is a must so this post is for you.

RE/MAX has come out with their annual Fall market update. It not only recaps year-to-date for the Canadian real estate market and highlights communities like Durham Region, but it offers a prediction into what RE/MAX expects to happen by years end. 

While our team is with Sutton Group we believe information is power for our clients and the RE/MAX perspective is worth taking a look at. That said, don’t let the headlines dictate your move. Timing the market is full of potential landmines. Before making any decisions speak to an expert and get on-the-ground insights about your market and your situation. Need help? Contact us.

In the meantime lets see what RE/MAX has to say:

Canadian Real Estate Market Year-to-Date (2025)

• Average home price (Jan 1–Jul 3): $900,089, marking a 3.7 % drop year-over-year.

• Sales volume (Jan 1–Jul 31): 4,999 units, down 11.1 % year-over-year.

• New listings (Jan 1–Jul 31): 13,425, a 14.4 % increase year-over-year.

What’s Ahead for the Rest of 2025

• Average price is projected to fall 5 %, landing around $855,085 by year-end.

• Sales are expected to decline a further 3 %.

• This confirms a buyer’s market nationwide, with inventory climbing and demand softening.

Nationwide, RE/MAX expects the national average home price to slide by 6.5 % and sales to dip by 5 % by year-end. Inventory surges in Ontario and BC are gradually shifting these areas into buyer-favored territory.

Key Takeaways: Canada at a Glance

1. Buyers hold the leverage. Rising inventory and falling prices give purchasers more negotiating power.

2. Prices dipping but regionally varied. Ontario and BC see declines, while Atlantic Canada and the Prairies hold firm or even rise.

3. Shifting buyer profile. First-time buyers now tend to be older (late 20s to 40s), many turning to family help, co-ownership, or strong savings to get in the game..

4. Sellers adjusting. Expect more realistic pricing, strategic staging, and conditional offers as new market norms.

5. Falling rates fuel optimism. Inventory up + affordability improving may attract cautious buyers back into the market.

Bottom line: Across Canada, the real estate market is tilting in favour of informed and prepared buyers, while sellers who align with current realities will still find success.

Focus: Durham Region

Here's how Durham Region is shaping up:

• Avg. price (Jan 1–Jul 3): $900,089—a 3.7 % drop from last year.

• Sales (Jan 1–Jul 31): 4,999 units, down 11.1 %.

• Listings: 13,425, up 14.4 %.

• Year-end forecast:

  • Price: –5 %, projecting to $855,085.

  • Sales: –3 %.

  • Market type: Firmly a buyer’s market.

Developments in late summer/early fall show continued balance:

• Balanced market conditions, with buyers seeing more options and homes staying on market longer.

• Inventory nearing 2009 highs, sales down sharply, homes generally selling below list price—especially in southern Durham.

• Average September sale price: $842,615 (down 5.8 % year-over-year), with sale-to-list ratio around 98.3 %.

• Months of inventory: About 5.6 months, indicating sufficient supply for current demand.

Durham Region Takeaway

Buyers have the upper hand—with more choices and less urgency in bidding wars. Sellers must price smart, time thoughtfully, and stand out in a crowded landscape. Proper preparation and local strategy are key for anyone looking to transact by year’s end.

Final Word:

For buyers, now is a moment of opportunity—leverage the extra inventory and negotiate smartly. Sellers? Align with the market, focus on presentation and pricing, and get the help of a seasoned agent to stand out.

GET THE HELP YOU NEED 👉 CONTACT US

SOURCES: RE/MAX Canada, Narcity, Ceros, renxhomes.ca, REMINET, Yahoo Finance, John Owen

Don’t be fooled by the headlines. Let us give you the whole picture. Sales are heating up, but inventory remains elevated—buyers still hold the advantage.

By the Numbers: July at a Glance

• Total Sales: 6,100 (+10.9% YoY, –2.3% MoM)

• Average Selling Price: $1,051,719 (–5.5% YoY, –4.5% MoM)

• New Listings: 17,613 (+5.7% YoY, –11.2% MoM)

• Active Listings: 30,215 (+26.1% YoY, –4.4% MoM)

• Sales-to-New Listings Ratio: ~35%

• Days on Market:

  • Property DOM: 41 days

  • Listing DOM: 30 days

• Months of Inventory: 4.95 months — a balanced market with a slight buyer tilt

🧠 Top Takeaway:

July delivered the strongest home sales for the month since 2021, but high inventory kept the market balanced—leaning in favour of buyers.

What's happening locally? Durham & Toronto Market Insights

Every city/town is unique as are the communities within them. Scroll through to find your town.

Segment Insights

📉 Economic & Rate Context

• BoC Rate: Held at 2.75%, with global economic uncertainty and trade tensions continuing to weigh on policy decisions.

• Macro Observations: Housing remains a key economic driver. Cuts to interest rates would support stronger sales, but affordability is gradually improving as prices soften.

🏠 What’s Changing — and What’s Not

1. Sales Are Gaining Momentum: July sales were the most robust for the month in four years, showing renewed buyer activity.

2. Prices Continue to Cool: Average prices are still down year-over-year, improving affordability.

3. Inventory Remains Elevated: More listings mean choice for buyers—and leverage in negotiations.

4. Segment Trends Differ: Condos remain strongly buyer-friendly, while demand for detached homes and suburban areas shows stability.

⚖️ Buyers vs. Sellers: Who Holds the Edge?

For Buyers:

• Enjoy expanded choices and improved pricing—particularly in the condo market.

• Entry-level detached homes are active, but still offer room for negotiation.

• With possible rate cuts ahead, locking in financing sooner may be smart.

For Sellers:

• Entry-level properties remain in demand; € ensure proper presentation and pricing.

• Larger or luxury listings may require more time to sell—strategic marketing is essential.

• Partner with an agent who can position your home effectively in this nuanced market.

🔮 Quick Verdict

📞 Need Strategy, Not Guesswork?

July’s market shows more activity—but high inventory means buyers have choices and sellers must be smart. Whether you're ready to act or gathering intel, let’s collaborate and build your tailored strategy.

👉 Reach out for your personalized consultation

SOURCES:  TRREB, Zoocasa, Global News, Sotheby's Residences Group, Storeys, GlobeNewswire, GTA Chronicle

Inventory remains elevated while price trends stabilize—here’s what’s moving this month.

🔍 By the Numbers: June at a Glance

• Total Sales: 6,243 (–2.4% YoY, +0.0% MoM)

• Average Selling Price: $1,101,691 (–5.4% YoY, –1.7% MoM)

• New Listings: ~19,839 (+14% YoY, –) +15.8% over May

• Active Listings: 31,603 (+30.8% YoY, +2.1% MoM)—the highest in 15 years

• Sales-to-New Listings Ratio: 35% (calculated from sales and listings provided)

• Property DOM: 42 days (up from May)

• Listing DOM: 30 days (up from May)

• Months of Inventory: 5.06 months—pushing the GTA into a buyer’s market

Source: TRREB June Market Watch Report

🧠 Top Takeaway:
June showed stabilizing prices and consistent sales, but record-high inventory across the GTA has shifted the market firmly in favour of buyers—with over five months of supply.

What's happening locally? Durham & Toronto Market Insights

Every city/town is unique as are the communities within them. Scroll through to find your town.

📉 Rates & Financing Update

• BoC Policy Rate: Held steady at 2.75% on June 4, citing persistent economic uncertainty and trade tensions

• What’s Ahead: Economists expect at least two additional rate cuts later this year—possibly targeting 2.25% by year-end nesto.ca,TD Stories, Reuters.

• Fixed Mortgage Rates: Trending higher recently, with select 3–5 yr rates around 3.9%–4.0%

• Variable Rates: Prime remains at 4.95%—no change for now Facebook+8Bank of Canada+8Ratehub.ca+8.

Sources: nesto.ca,TD Stories, Reuters,NerdWallet, Bank of Canada,Ratehub.ca

🏠 What’s Changing — and What’s Not

1. Sales Plateau – After increasing through spring, June sales held steady, now just below last year’s levels.

2. Inventory Peaks – Active listings have surpassed 31,600—the highest in 15 years—granting buyers significantly more options.

3. Market Segmentation:

   • Condos: ~6.95 months inventory—clearly a buyer’s market.

   • Detached Homes: ~4.7 months—still balanced.

   • Townhomes/Semis: Remain balanced.

   • Durham Region: Balanced at ~3.58 months overall and 3.64 for detached.

   • City of Toronto: Buyer-favored, with overall ~5.06 months and condo apartments at ~6.9 months.

4. Economic Backdrop – Trade uncertainty continues to hold rates steady; inflation remains marginally above target

Sources:  Toronto Regional Real Estate Board.

⚖️ Buyers vs. Sellers: Who's in Control?

For Buyers:

• Increased inventory and cooling prices translate into more choice and negotiation power.

• Entry-level detached homes and townhomes are attracting interest; condos offer deep leverage.

• With rate cuts expected, securing a rate sooner could be wise.

For Sellers:

• Entry-level homes still command attention—focus on staging and pricing.

• Larger homes may stay on the market longer; presentation and promotion are key.

• Work with an agent to develop a strategic plan in this shifting market.

🔮 Quick Verdict:

📞 Thinking of Buying or Selling?

With stockpiles of listings and a potential for rate cuts on the horizon, expert guidance is now more crucial than ever. Let’s create a plan tailored to your goals—and timing.

👉 Connect with us for a personalized consultation

MORE MARKET INSIGHTS (Markham/Stouffville & Port Hope/Cobourg)