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Greater Toronto Area
Trends
- 1
Homes across Ontario are taking months to sell instead of the days-long turnover that defined the province's recent housing booms. Local coverage highlights how prolonged listing times signal a shift in market conditions, with buyers gaining leverage and sellers facing longer waits for offers across communities from the Greater Toronto Area to smaller regional markets.
- 2GTA home listings shrinking faster than sales, tightening market▼GTA home listings are drying up faster than sales. Here’s what it means for buyers and sellers
New listings in the Greater Toronto Area are falling faster than home sales, according to a NOW Toronto report. The drop in supply means buyers face fewer choices and less negotiating power, while sellers who do list may find less competition for their properties. The trend suggests market conditions could tighten even if sales volumes stay soft.