December 2025 Newsletter
Thurston Olsen Real Estate Group
Hey Friends!
Somehow we’ve already made it to December! The month when the city glows, our calendars get chaotic, and the group chats fill with ‘when are we getting together?!’
Looking back on 2025, we can’t help but feel incredibly grateful. This year was full of amazing moments: helping families make big moves, welcoming new neighbours to our beautiful city, and connecting with so many of you at our community events. Whether you joined us for pumpkin pie, ice cream in the park, the food drives, or even just a quick chat at an open house… thank you for making our year what it was.
And of course: the Toronto market kept us on our toes in classic Toronto fashion. But through every twist and turn, opportunities continued to pop up, and buyers and sellers who stayed curious, informed, and strategic really thrived.
Here’s your December 2025 Market Update. Let’s wrap up this year strong and step into the next one ready for big things.
December Planning = 2026 Success!
Right now is actually the sweet spot to start talking about a 2026 move.
The market is shifting, inventory is changing, and the folks who plan early almost always end up in the strongest position.
Whether that’s locking in the right neighbourhood, prepping a home for maximum value, or timing a sale so it feels smooth instead of stressful. Think of it like getting a head start on the Gardiner before everyone else piles on – way less traffic, way better outcomes.
If 2026 is even somewhere on your radar, now’s the perfect time for us to sit down, map out a strategy, and make sure you’re walking into the market with confidence (and maybe even an advantage).
Let’s get ahead of the curve while everyone else is still snoozing on it.
What We Are Seeing From the Field
November’s numbers paint a familiar picture: sales, new listings, and average prices all came in lower than this time last year. Many buyers are still sitting tight, waiting for more stability in the job market and the broader economy.
But here’s the good news: November’s employment data was stronger than expected, and economists are feeling more optimistic heading into 2026. Confidence is the missing ingredient, and once that returns, more buyers will be ready to jump back in.
In November 2025, Toronto saw 1,912 sales (down 14.5% year-over-year) and 4,171 new listings (down 4%). Prices dipped as well, with the average selling price landing at $1,036,362, about 4.1% lower than last year.
For now, buyers benefit from a well-supplied market, but that won’t last forever. As inventory gets absorbed, we’ll need more new construction, especially missing-middle housing, to keep pace with demand.
Check out the November year-over-year stats below for more information on the current market.
If you would like statistics specific to your neighbourhood, an updated Comparative Market Analysis for your home, or help deciphering what the numbers could mean for you, please let us know and we would be happy to provide that for you
The Great Reset – Redefining Value in Canada’s Housing Market
For anyone who geeks out on market strategy like we do, Steve Tabrizi, our Remax Hallmark COO and resident forecasting wizard, just released his 2026 outlook.
Smart insights, clear explanations, and some analysis-backed predictions (spoiler alert! – he’s usually bang-on with his predictions!)
We’re Here To Help!
As we head into 2026, here’s one thing we want you to know:
The greatest gift you could give the TO Group is an introduction to someone in your world who could use a little real estate guidance. Friends, family, neighbours, colleagues, etc.
We’re always here to help them navigate the market with confidence (and while having a little bit of fun along the way).
Cheers and have a safe and happy holiday season!
Chris and Ford
