Toronto Real Estate Market Update — October (Episode 103)

This week we break down the real story behind October’s GTA numbers (spoiler: it wasn’t doomsday). We cover where sales grew, which segments are stabilizing, why that viral “53 condo sales” headline was misleading, and what months of inventory say about the market heading into the holidays. Plus: Joey’s four-day birthday, zombie wrestling at Superkick’d, a chef’s-table feast at Giulietta, the Jays’ wild run, and a surprising “news you can use” about the City planting free trees on your frontage.

What you’ll learn

📈 October at a glance: sales up ~10% MoM, new listings down ~16%, average GTA price ~$1,054,000 (flat vs. Sept; ~-7.2% YoY)

🏘️ Segment momentum:

Condos: 1,072 resales (best month of 2025), ~+2.66% MoM price

Semis: transactions +22% MoM, prices ~+3.2% MoM

Towns: transactions +13% MoM, price noise (~-4.9% MoM) explained by mixed ownership types

Detached: transactions +10.7% MoM, price ~-4% MoM

📊 Absorption & balance: Months of Inventory tightened

Semis ~2.6 (tightest), Towns ~3.6, Detached ~4.5, Condos ~5.7

🕵️ Myth-busting: That “53 condo sales” stat refers to pre-construction only—resale condos cleared 1,000+ deals in October.

🧾 Practical takeaways: more room for conditions, clearer pricing bands, and how a potential rate-path lower could impact variables vs. fixed.

🌳 City tip: Toronto Urban Forestry can plant a free street tree on eligible frontages (check via 311).

🍝 Local love: Why Giulietta’s chef’s table is worth it.

🧟 Fun stuff: Joey’s annual Zombie Wrestling pilgrimage (Superkick’d!).

Work with us

Buying or selling in Toronto (condo, loft, freehold, or POTL)? Book a no-pressure consult with Mark & Joey at Toronto Livings. We’ll walk you through strategy, timing, and comps tailored to your neighbourhood and price point.

Listen & connect

🎧 Toronto Livings Podcast — subscribe for monthly market breakdowns, neighbourhood deep dives, and investor chat.

📩 Questions? Drop them in the comments or DM us on Instagram @torontolivings.

#TorontoRealEstate #GTAMarketUpdate #TorontoCondos #TorontoHomes #TRREB #InterestRates #MonthsOfInventory #TorontoLivings #MarkSavel #JoeyVirgilio #Giulietta #Superkickd #TorontoTips

CHAPTERS

(00:00) Introduction and Episode Overview

(01:04) Celebrating Joey's Birthday

(01:45) October Numbers and Market Insights

(02:44) Joey's Zombie Experience

(05:08) Toronto Blue Jays and Community Spirit

(09:13) Dining at Julietta

(13:11) City Tree Planting Program

(17:41) New Listings and Rentals

(19:13) October Real Estate Market Analysis

(20:02) Media Misconceptions and Market Realities

(20:47) Market Trends and October Insights

(21:55) Sales and Inventory Analysis

(25:52) Segment Performance Breakdown

(31:36) Months of Inventory and Market Sentiment

(35:42) Alien Theories and Technological Advancements

(42:16) Upcoming Topics and Final Thoughts

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WHERE YOU CAN FIND US

🏡 For all your Toronto Real Estate Needs: TorontoLivings.com/

🖥️ INSTAGRAM

Mark Savel: https://www.instagram.com/torontolivings/

Joey Virgilio: https://www.instagram.com/joey_torontolivings/

🎙 MORE EPISODES

https://podcasters.spotify.com/pod/show/toronto-real-estate

Join Mark and Joey in an engaging discussion as they kick off episode 1-2, delving deep into the world of Toronto's townhouses.

This episode covers everything you need to know about townhouses, from the various types (Freehold, Condo, and POTL), to their unique characteristics, and the reasons behind their fluctuating prices.

Alongside this informative segment, the hosts share their latest dining experiences, including a delightful visit to Sushi Jam and a mouth-watering French burger.

They also dive into some interesting trivia about Superman's co-creator Joe Shuster and recount an emotional journey through a Game 7 baseball match. Whether you're a real estate enthusiast or a food lover, this episode promises a perfect blend of insightful information and entertaining banter.

CHAPTERS

(00:00) Introduction to the TownHouse Episode

(00:15) Townhouses in Toronto: An Overview

(02:22) Sushi Jam Experience

(04:06) Korean BBQ and French Cuisine

(07:01) Blue Jays Game 7 Experience

(16:54) Real Estate Market Update

(21:08) Understanding Freehold Townhouses

(24:11) Condo and Stacked Townhouses

(25:09) Superman Heritage and Stacked Townhomes

(25:29) Understanding Stacked Townhomes

(25:55) Maintenance Fees and Affordability

(28:08) Sound and Construction Considerations

(28:49) Concrete vs. Wood Frame Townhomes

(31:49) Hybrid Ownership Models

(32:58) Neighborhood Insights and Fun Facts

(43:27) Real Estate Market and Ticket Prices

(47:24) Alien Talk and Final Thoughts

FEEDSPOT TOP CANADIAN REALTOR PODCASTS

https://podcast.feedspot.com/canadian_realtor_podcasts/

FEEDSPOT TOP TORONTO PODCASTS

https://podcast.feedspot.com/toronto_podcasts/

WHERE YOU CAN FIND US

🏡 For all your Toronto Real Estate Needs: TorontoLivings.com/

🖥️ INSTAGRAM

Mark Savel: https://www.instagram.com/torontolivings/

Joey Virgilio: https://www.instagram.com/joey_torontolivings/

🎙 MORE EPISODES

https://podcasters.spotify.com/pod/show/toronto-real-estate

Join Mark and Joey in Episode 101 as they discuss the latest Toronto real estate market updates for September. They chat about the market's performance, the intricacies of semis, towns, condos, and detached homes, and the trends that are shaping the housing market.

The duo also touches upon their personal Thanksgiving experiences and engage in some light-hearted banter about TV shows and even a mysterious potential extraterrestrial encounter. Don’t miss out on their insights, laughter, and expert opinions in this jam-packed episode!

CHAPTERS

(00:00) Introduction and Greetings

(00:00) Episode 100 Recap

(02:43) Thanksgiving Reflections

(03:50) Weekly Personal Updates

(10:07) Market Update Overview

(16:58) Real Estate Market Trends

(22:40) Condo Market Trends and Average Prices

(23:58) Oakville Rental Market Insights

(26:34) Detached Housing Market Analysis

(32:33) Semi-Detached Housing Market Update

(33:46) Townhouse and Condo Market Overview

(37:17) Months of Inventory Explained

(40:21) Speculations and Extraterrestrial Theories

(44:49) Final Thoughts and Recommendations

FEEDSPOT TOP CANADIAN REALTOR PODCASTS

https://podcast.feedspot.com/canadian_realtor_podcasts/

FEEDSPOT TOP TORONTO PODCASTS

https://podcast.feedspot.com/toronto_podcasts/

WHERE YOU CAN FIND US

🏡 For all your Toronto Real Estate Needs: TorontoLivings.com/

🖥️ INSTAGRAM

Mark Savel: https://www.instagram.com/torontolivings/

Joey Virgilio: https://www.instagram.com/joey_torontolivings/

🎙 MORE EPISODES

https://podcasters.spotify.com/pod/show/toronto-real-estate