.png)
About the MLS® HPI
The MLS® HPI is calculated using a sophisticated statistical model that augments the traditional repeat sales approach (i.e., comparing the sale price for the same home between two points in time) by taking into account a home’s quantitative (e.g., number of bedrooms and bathrooms, square footage, lot size, age) and qualitative (e.g., whether it has a finished basement, views, proximity to amenities) features. This method accounts for and assigns value to changes in homes over time. (source TREB)
The latest November 2025 data for 1-storey attached homes across the GTA shows a continued period of price adjustment as higher borrowing costs influence buyer behaviour. Many areas experienced modest month-to-month movement but noticeable declines over the past 3–12 months — a sign that buyers now have more negotiating room than they have in recent years. This shift is creating opportunities for those who were previously priced out or discouraged by competitive bidding.
Despite the softer short-term trend, long-term performance remains very strong across most regions including Simcoe, Peel, Halton, York, and especially Durham. Over the past 5 to 10 years, home values in many of these communities have nearly doubled, reflecting steady population growth, evolving transit infrastructure, and the continued desire for suburban living near Toronto’s job market. In Durham specifically, areas like Oshawa, Clarington, Whitby, and Ajax continue to offer a blend of relative affordability and strong investment fundamentals — making it one of the most resilient and appealing regions for buyers today.
Overall, this market presents a window of opportunity. Buyers can take advantage of more favorable conditions now, while sellers who approach pricing strategically are still able to benefit from the strong equity gains earned over the past decade. As the market balances and interest rate relief approaches, those who make their move today are well-positioned to realize future growth.
=======================================================================
Greater Toronto Area Regions (Toronto - Dufferin - Simcoe - Peel - Halton - York - Durham)
Region of Simcoe (Essa - Adjala-Tosorontio - Bradford West Gwillimbury - Innisfil)
Region of Peel (Caledon - Brampton - Mississauga)
Region of Halton (Milton - Burlington - Halton Hills - Oakville)
Region of York (King - Vaughan - Markham - Richmond Hill - Whitchurch-Stouffville - Aurora - New Market - East Gwillimbury - Georgina)
Region of Durham (Uxbridge - Pickering - Brock - Scugog - Ajax - Whitby - Oshawa - Clarington)
