
Toronto real estate getting desperate as homes sit on market for ages
Becky Robertson
created: Sept. 5, 2025, 6:23 p.m. | updated: Sept. 5, 2025, 9:47 p.m.
At the same time, the number of homes that changed hands over the course of the month rose 2.3 per cent year-over-year, and the price of the average home declined 5.2 per cent.
Another bad omen within TRREB's data: the fact that the average length of time a home is up for sale keeps rising to new heights.
In May, the average LDOM, or "listing days on market," was 25, while the average PDOM, or "property days on market" (which includes when the same home is relisted) was 39.
Both of these stats were significantly higher than the same time the year prior, marking increases of 31.6 per cent and 44.4 per cent, respectively.
This is even with lower borrowing costs and selling prices over the past year," the report reads.
3 hours, 55 minutes ago: blogTO