December 2025 GTA Market Update: Inventory Rising, Prices Mixed Across Cities

December wrapped up with a clear theme across the GTA: inventory remains elevated, buyer leverage is strong, and price movement varies sharply by property type and municipality.

Across Mississauga, Brampton, Milton, Oakville, Burlington, and Vaughan, Months of Inventory (MOI) generally sat between 4–6 months for freehold homes, signalling a more balanced market, while condo apartments consistently showed higher MOI, confirming ongoing softness in the condo segment.

Detached homes remained the most resilient overall. While some markets like Oakville, Burlington, and Vaughan saw notable month-over-month price corrections, absorption rates stayed relatively healthy, suggesting demand hasn’t disappeared—it’s simply more price-sensitive. Buyers are negotiating harder, and homes that are priced correctly are still selling.

Townhouses and semi-detached homes stood out as the most competitive segments in several cities. Milton and Burlington, in particular, showed strong absorption rates and price stability (or even gains), highlighting continued demand for mid-priced family housing.

Condos and condo apartments remain the pressure point across the region. Higher inventory levels and declining month-over-month prices in most markets reflect affordability challenges, investor caution, and increased choice for buyers. This segment continues to favor purchasers who are patient and selective.

What This Means Going Into 2026

• Buyers have more options, negotiating power, and time—especially in the condo market.

• Sellers must price strategically and present well; overpricing is being punished quickly.

• Move-up buyers may find unique opportunities as price gaps between property types continue to narrow.

As we head into the new year, the data points to a market that rewards strategy over speed. Understanding neighborhood-level inventory and absorption trends is more important than ever.

If you’d like a breakdown specific to your home type or local area, feel free to reach out—happy to help you navigate what this market means for you.