Hello! Here is the December 2025 real estate market update
Mississauga and GTA real estate market experienced decreased activity in November 2025 in comparison to November 2024.
Number of sales in November 2025 was 15.8%!!! lower than in November 2024.
The average home price was lower by 6.4%! comparing to November of 2024.
Sales were down in almost all categories except for townhouse and semi-detached categories in 416 area.
The biggest decrease in sales (-21.8%!!!) was in condo apartment category in 416 area.
Please have a look below
Source: Market Watch, TRREB
The average house price was down by 6.4% comparing to November of last year, and in terms of dollars, it was $70,957 lower!!!.
The average house price, comparing to the previous month in terms of dollars went down by $14,914!
Please have a look below.
Source: Market Watch, TRREB
Summary
- The GTA real estate market was much less active in November 2025 than a year ago.
- The average house price was almost $71,000 lower in November 2025 than in November 2024, and also almost $15,000 lower comparing to the previous month of October 2025.
- On December 10 Bank of Canada held unchanged overnight interest rate at 2.25%.
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Mississauga & GTA Real Estate Market Watch
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Current Interest Rates
GTA Realtors® Release November 2025 Stats
Greater Toronto Area (GTA) home sales, new listings, and average selling price were down compared to a year earlier in November 2024. Intending homebuyers remained on the sidelines awaiting more positive economic news.
“There are many GTA households who want to take advantage of lower borrowing costs and more favourable selling prices. What they need most is confidence in their long-term employment outlook. Fortunately, we saw encouraging news on jobs and the broader economy in November. If this positive momentum continues, consumer confidence will strengthen, and more people will be in a position to consider purchasing a home in 2026,” said TRREB President Elechia Barry-Sproule.
GTA REALTORS® reported 5,010 home sales through TRREB’s MLS® System in November 2025 – down by 15.8 per cent compared to November 2024. New listings entered into the MLS® System amounted to 11,134 – down by four per cent year-over-year.
On a seasonally adjusted basis, November home sales were down slightly month-over-month compared to October 2025. New listings also edged lower compared to October.
The MLS® Home Price Index (MLS® HPI) Composite benchmark was down by 5.8 per cent year-over-year in November 2025. The average selling price, at $1,039,458, was down by 6.4 per cent compared to November 2024. On a month-over-month seasonally adjusted basis both the MLS® HPI Composite and the average selling price remained close to October figures. The MLS® Composite was down slightly, whereas the average selling price edged up.
“November reports on employment and economic growth were much stronger than expected. The Canadian economy may be weathering trade-related headwinds better than expected. More certainty on the trade front coupled with positive economic impacts of recently announced infrastructure projects could improve homebuyer confidence moving forward,” said TRREB Chief Information Officer Jason Mercer.
“Homebuyers are currently benefitting from a well-supplied resale market. However, as this inventory is absorbed, new construction is required to fill the housing pipeline. It will be key to see projects that bridge the gap between condominium apartments and traditional single-family homes. Home construction results in large economic benefits that would help in today’s economic climate,” said TRREB CEO John DiMichele. "All three levels of government should offer further incentives to build more homes for Ontarians."
Source: Market Watch, TRREB
Mississauga & GTA Home Sales
November 2024 - November 2025 Comparison
Average house price was down by $70,957, number of sales was down by 937 units, time to sell a house was 8 days longer.
Mississauga & GTA Home Sales
October 2025 - November 2025 Comparison
Average house price was lower by $14,914, number of house sales was lower by 1,128 units, time to sell was 6 days longer.
Current Interest Rates
Rates quoted by Invis Canada are subject to change up↑ or down↓ without notice.
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Sales and Average Price Up in Calendar Year 2013
January 6, 2014 – Greater Toronto Area REALTORS® reported 4,078 residential
transactions through the TorontoMLS system in December 2013 – up by almost 14 per cent
compared to 3,582 sales reported in December 2012. New listings entered into the
TorontoMLS system were down by almost four per cent over the same period.
Total sales for calendar year 2013, at 87,111, were up by approximately two per cent
compared to 85,496 transactions in calendar year 2012.
“After a slow start to the year, sales growth accelerated to a brisk pace in the second half
of 2013. Despite the inclement weather in December, we finished the year with a
respectable gain in transactions compared to 2012. Looking forward, I believe that home
ownership in the GTA will remain affordable as borrowing costs stay low. The result could
be a further increase in sales in 2014,” said Toronto Real Estate Board President Dianne
Usher.
“The average selling price will be up again in 2014 and by more than the rate of inflation.
The seller’s market conditions that drove price growth in the second half of 2013 will
remain in place in many parts of the GTA. Some neighbourhoods, especially those
characterized by low-rise home types like singles, semis and townhomes, will continue to
have less than two months of inventory,” said Jason Mercer, TREB’s Senior Manager of
Market Analysis.
The average selling price for December 2013 sales was $520,398 – up by 8.9 per cent
compared to the average of $477,756 in December 2012.
The average selling price for 2013 as a whole was $523,036, which represented an increase
of 5.2 per cent compared to the calendar year 2012 average of $497,130.