Toronto home sales rose 8.5% in September

22-Oct-2025

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Toronto-area home sales rose in September while prices continued to decline, as the city’s real estate board says the market could continue heating up amid ample choice and lower borrowing costs.

The Toronto Regional Real Estate Board said the 5,592 homes sold last month was up 8.5 per cent from September of last year, and up two per cent on a seasonally adjusted basis from August.

The rise in sales came as the average selling price was down 4.7 per cent from last year to $1,059,377, and the composite benchmark price was down 5.5 per cent in September.

Compared with August, the average selling price ticked up 0.2 per cent.