Thursday, April 24, 2025 / by Shiela Balanay
Ontario MLS® Home Sales Continued to Decline in March




Residential sales data from Ontario's MLS® Systems showed a total of 31,062 homes sold in the first three months of the year, marking a significant drop of 20.7% compared to the same period in 2024. The average year-to-date price for homes was $846,188, reflecting a 2.8% decrease compared to last year. This slight dip presents potential opportunities for buyers, as the market finds a healthy balance amid evolving economic conditions, including tariff considerations. As we move into spring, this period of stabilization may offer a more approachable landscape for both buyers and sellers.