Toronto Real Estate Trends and Montreal's Housing Market Dynamics
Ontario Mortgage & Real Estate Insights Podcast
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Steve HamoenJanine Veenendaal

Toronto Real Estate Trends and Montreal's Housing Market Dynamics

E304 • May 7, 2025 • 12 mins

In this episode, we start with a warm welcome and a message from our sponsor, Real Approved Inc. We dive into Toronto's real estate market, discussing the effects of global trade tensions on housing prices. We analyze new listings, inventory trends, and political influences in the GTA. The episode also offers a housing market overview in King, Ontario, and compares property sales and prices in Mississauga. We further explore Montreal's real estate dynamics and suburban competition. Closing remarks and a sponsor reminder wrap up the episode.

Key Points

  • Home sales in the Greater Toronto Area rose by 1.8 percent in April compared to March, but are still down 23.3 percent year-over-year, highlighting cautious buyer sentiment.
  • King, Ontario saw a dramatic 11.1 percent drop in average home prices in April 2025, while active listings jumped by 32 percent, suggesting supply is outpacing demand.
  • Mississauga's average home price dipped below one million Canadian Dollars in April, making it a more attractive option for buyers as both sales and listings increased in the city.
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