Having seen the world from over 100 countries and now calling Toronto home, I’ve learned that real estate—much like travel—is full of surprises. Right now, the GTA market is sending us a big one: average home prices have slipped 2.7% to $993,410, but it’s the small condos (especially those under 500 sq ft) feeling the squeeze the most, with prices dropping to $617,593. Why? There’s simply too much supply aimed at investors, so most condos are actually selling below their list price these days. If you’re navigating Toronto’s diverse neighborhoods or considering your next move, understanding these shifts is key to finding not just a property, but the right fit for your lifestyle. I love helping clients see the adventure—and the opportunity—behind these numbers!
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