Market Update: Toronto Real Estate Trends for 2025

The Toronto luxury real estate market continues to demonstrate remarkable resilience and strength as we head into 2025. Demand for properties above the $3 million mark remains robust, fueled by continued immigration, a thriving financial and tech sector, and Toronto's unmatched quality of life.

Inventory in the luxury segment remains tight, particularly in coveted neighbourhoods such as Rosedale, Forest Hill, and The Bridle Path. Well-priced properties in these areas continue to attract multiple offers and sell within weeks of hitting the market.

One of the most notable trends is the growing demand for new construction and fully renovated homes. Today's luxury buyers increasingly prefer move-in-ready properties with modern amenities, smart-home technology, and energy-efficient features over homes that require significant updating.

The influx of international buyers, particularly from the Middle East, Europe, and Asia, shows no signs of slowing. These buyers are drawn to Toronto's stable economy, multicultural lifestyle, and exceptional value compared to London, New York, and Hong Kong luxury markets.

Looking ahead, we expect the Toronto luxury market to remain competitive in 2025. Limited land availability in prime neighbourhoods, combined with sustained demand, should continue to support strong pricing. Buyers who act decisively and work with an experienced local team will be best positioned to secure exceptional properties.