Home prices in Ontario’s Greater Toronto Area fell year-over-year in October 2025, signaling a cooling market.

In October 2025, home prices across multiple Ontario municipalities in the Greater Toronto Area declined year-over-year, with York Region averaging $1.23 million, Aurora at $1.32 million, and Pickering dropping to $886,908. Despite slight month-over-month increases in some areas, sales fell across all regions, active listings rose, and price declines were widespread, especially for detached homes. While prices remain significantly higher than in 2015, the market shows signs of cooling.