Residential sales reported through the MLS® Systems of Ontario real estate boards reached a year-to-date total of 154,160 homes during the first 11 months of the year. This figure reflects a 4.6% decline compared to the same period in 2024, pointing to more cautious buyer activity amid ongoing market adjustments. Over the same timeframe, the year-to-date average home price was $837,920, marking a modest 3.8% decrease from the first 11 months of 2024. While prices have softened slightly, elevated inventory levels continue to provide buyers with more choice, contributing to a more balanced market as the year draws to a close.