Home sales and prices in the Greater Toronto Area (GTA) continue to plummet to historic lows. These trends continued through October 2025, casting further doubt on the future of the region's turbulent housing market. The City of Toronto registered 155 fewer home sales year-over-year, while 905-region sales declined by 491 homes. Overall, GTA home sales declined by 646 units in October 2025 from the 6,784 units sold during the same period last year. Average home prices were also down month-over-month from Sept. 2025, while the composite benchmark price of a home in the region declined by 5 per cent year-over-year.