{"id":47308,"date":"2025-12-12T12:30:53","date_gmt":"2025-12-12T17:30:53","guid":{"rendered":"https:\/\/housesigma.com\/blog-en\/?p=47308"},"modified":"2025-12-12T12:30:55","modified_gmt":"2025-12-12T17:30:55","slug":"infographic-gta-homes-taking-longer-than-ever-to-sell-while-prices-keep-slipping","status":"publish","type":"post","link":"https:\/\/housesigma.com\/blog-en\/infographic-gta-homes-taking-longer-than-ever-to-sell-while-prices-keep-slipping\/","title":{"rendered":"Infographic: GTA homes taking longer than ever to sell, while prices keep slipping"},"content":{"rendered":"\n

Home buyers in the Greater Toronto Area are enjoying huge advantages in the residential real estate market right now, as new data from HouseSigma reveals.<\/p>\n\n\n\n

It is taking sellers as long as has ever been recorded by HouseSigma to sell a home – an average of 73 “property days on market,” which is the joint-highest since our records began. Average \u201cproperty days on market\u201d measures the total number of days a property has been for sale, including if it was delisted and quickly relisted.<\/p>\n\n\n\n

Residential resales across the GTA in November totalled 4,588 transactions, which is 15.5% lower than October and nearly 20% down from November last year. The median price of a home also decline, by more than 3% month over month. This was led by a drop in detached home prices, which make up the largest portion of home sales.<\/p>\n\n\n\n

Home sellers shied away from listing their homes in November, with new GTA listings dropping month over month by more than 30%. This pulled total active listings down somewhat to 24,165 homes, which is lower than the previous month but only by 11%, given the slower sale absorption. <\/p>\n\n\n\n

All of these factor are giving home buyers in the region a significant advantage, in terms of negotiating power, choice of homes, and lack of competition. <\/p>\n\n\n\n

Check out the full details of November’s GTA market stats in our infographic below.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

Find all your market trends data for the Greater Toronto Area here<\/a> \u2013 and keep up to date with our Ontario blog page here<\/a>.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Home buyers in the Greater Toronto Area are enjoying huge advantages in the residential real estate market right now, as new data from HouseSigma reveals.<\/p>\n","protected":false},"author":10,"featured_media":47313,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"cybocfi_hide_featured_image":""},"categories":[47,1],"tags":[36,39,38,19],"yoast_head":"\nInfographic: GTA homes taking longer than ever to sell, while prices keep slipping - HouseSigma<\/title>\n<meta name=\"description\" content=\"GTA home buyers currently hold the advantage. HouseSigma data reveals median prices have dropped 3% and homes are taking a record 73 days to sell. 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