West Toronto Freehold Market Report – 2024 Recap and 2025 Predictions

January 22, 2025 | Market Reports

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The West Toronto freehold market saw a slowdown in December 2024, with only 117 sales, marking one of the slowest months in over 35 years. Despite this, the overall market in 2024 showed improvement, with sales up 10% from the previous year and a modest 2% increase in average sale price. Looking ahead to 2025, the market is expected to see moderate growth in sales volume and prices throughout the year. While affordability challenges remain, a gradual decline in interest rates should help boost buyer confidence. The demand for freehold homes in West Toronto will stay strong, but supply constraints in popular neighbourhoods will continue to create a competitive environment.

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