Market Reports

Chestnut Park Market Report | October 2025

The Toronto real estate market continues its course of correction this October. Chris Kapches, CEO of Chestnut Park Real Estate, breaks down the latest data shaping the GTA market, from record-high active listings to price adjustments across condos and detached homes. Key Highlights: Active listings: 27,808, a record high for any October in Toronto’s history Average sale price: $1,054,000 (down 7% year-over-year) Buyer advantage: more inventory and stronger negotiation power Condo market: average prices at $699K in the 416 and $574K in the 905 Detached homes: holding strong at $1.6M, with semi-detached around $1.2M, especially in Leslieville, Riverdale, and The Beaches 2026 forecast: 4–6% price decline, with potential rebound as borrowing costs ease Chris Kapches explains why the market is adjusting, what this means for buyers and sellers, and how lower borrowing costs could spark a recovery heading into 2027. Subscribe for expert analysis and a clear view of the market ahead.