In the Greater Toronto Area, the real estate landscape continues to shift. Average home prices have slipped by 2.7% to $993,410, and condos now average $617,593. Notably, smaller condos under 500 sq ft are experiencing the steepest declines—depreciating at twice the pace of other property types. With an oversupply of investor-focused units, most condos today are trading below their listing price. Over the years, I’ve seen how market cycles can reshape opportunities for buyers and sellers alike, especially in segments like these. Navigating such dynamics requires experience and a full-spectrum approach—something I’ve always prioritized for my clients across residential, commercial, and investment properties in the GTA.
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