RSS

What will happen next?: RE/MAX Outlines Where the Canadian & Durham Region Housing Market will end up in 2025

If you’re considering a move in the last half of 2025 getting expert insight into the market is a must so this post is for you.

RE/MAX has come out with their annual Fall market update. It not only recaps year-to-date for the Canadian real estate market and highlights communities like Durham Region, but it offers a prediction into what RE/MAX expects to happen by years end. 

While our team is with Sutton Group we believe information is power for our clients and the RE/MAX perspective is worth taking a look at. That said, don’t let the headlines dictate your move. Timing the market is full of potential landmines. Before making any decisions speak to an expert and get on-the-ground insights about your market and your situation. Need help? Contact us.

In the meantime lets see what RE/MAX has to say:

Canadian Real Estate Market Year-to-Date (2025)

  • Average home price (Jan 1–Jul 3): $900,089, marking a 3.7 % drop year-over-year.

  • Sales volume (Jan 1–Jul 31): 4,999 units, down 11.1 % year-over-year.

  • New listings (Jan 1–Jul 31): 13,425, a 14.4 % increase year-over-year.


What’s Ahead for the Rest of 2025

  • Average price is projected to fall 5 %, landing around $855,085 by year-end.

  • Sales are expected to decline a further 3 %.

  • This confirms a buyer’s market nationwide, with inventory climbing and demand softening.

Nationwide, RE/MAX expects the national average home price to slide by 6.5 % and sales to dip by 5 % by year-end. Inventory surges in Ontario and BC are gradually shifting these areas into buyer-favored territory.


Key Takeaways: Canada at a Glance

  1. Buyers hold the leverage. Rising inventory and falling prices give purchasers more negotiating power.

  2. Prices dipping but regionally varied. Ontario and BC see declines, while Atlantic Canada and the Prairies hold firm or even rise.

  3. Shifting buyer profile. First-time buyers now tend to be older (late 20s to 40s), many turning to family help, co-ownership, or strong savings to get in the game..

  4. Sellers adjusting. Expect more realistic pricing, strategic staging, and conditional offers as new market norms.

  5. Falling rates fuel optimism. Inventory up + affordability improving may attract cautious buyers back into the market.

Bottom line: Across Canada, the real estate market is tilting in favour of informed and prepared buyers, while sellers who align with current realities will still find success.


Focus: Durham Region

Here's how Durham Region is shaping up:

  • Avg. price (Jan 1–Jul 3): $900,089—a 3.7 % drop from last year.

  • Sales (Jan 1–Jul 31): 4,999 units, down 11.1 %.

  • Listings: 13,425, up 14.4 %.

  • Year-end forecast:

    • Price: –5 %, projecting to $855,085.

    • Sales: –3 %.

    • Market type: Firmly a buyer’s market.

Developments in late summer/early fall show continued balance:

  • Balanced market conditions, with buyers seeing more options and homes staying on market longer.

  • Inventory nearing 2009 highs, sales down sharply, homes generally selling below list price—especially in southern Durham.

  • Average September sale price: $842,615 (down 5.8 % year-over-year), with sale-to-list ratio around 98.3 %.

  • Months of inventory: About 5.6 months, indicating sufficient supply for current demand.

Durham Region Takeaway

Buyers have the upper hand—with more choices and less urgency in bidding wars. Sellers must price smart, time thoughtfully, and stand out in a crowded landscape. Proper preparation and local strategy are key for anyone looking to transact by year’s end.

Final Word:

For buyers, now is a moment of opportunity—leverage the extra inventory and negotiate smartly. Sellers? Align with the market, focus on presentation and pricing, and get the help of a seasoned agent to stand out.

GET THE HELP YOU NEED 👉 CONTACT US

SOURCES: RE/MAX CanadaNarcityCerosrenxhomes.caREMINETYahoo FinanceJohn Owen

Read

Durham Region Real Estate: What to Expect in 2025

Re/Max & Zoocasa 2025 Predictions

The 2025 housing market is shaping up to be a year of opportunity, especially in the Durham Region and the Greater Toronto Area (GTA). Two recent reports—Re/Max’s 2025 Canadian Housing Market Outlook and Zoocasa’s 2025 Canadian Housing Market Predictions—offer key insights that paint an optimistic picture for buyers, sellers, and investors alike. Here is how they see things playing out in 2025 and some potential tips for buyers and sellers within the Durham Region.

Lower Rates, Higher Demand

Both reports agree: Declining interest rates are expected to be a game-changer. With the Bank of Canada easing rates and new mortgage rules extending amortization periods to 30 years, sidelined buyers are poised to re-enter the market.

👉 First-Time Buyers Surge: Re/Max predicts an influx of first-time buyers, bolstered by improved affordability. This trend will likely drive demand for entry-level homes, such as townhouses, smaller detached homes, and even some condos.

Balanced Markets Dominate in Ontario

While 44% of Canadian markets will favor sellers, Durham Region is part of the 36% of Ontario markets projected to remain balanced.

Durham’s Advantage: A balanced market means fair opportunities for both buyers and sellers. Prices in Durham are forecasted to rise by 5% over 2024 levels likely stimulated by competition amongst first-time buyers and more downsizers.

🏡 Affordability Shifts: 40% of Canadians are open to exploring new neighborhoods to mitigate affordability challenges. This could make Durham an attractive destination for those priced out of Toronto or other high-cost areas.

Downsizing & Inventory Growth

With 1.2 million Canadian mortgages up for renewal in 2025 (per CMHC), many homeowners will look to downsize to smaller, more affordable properties.

👉 Takeaway for Sellers: If you're considering an upgrade from an entry-level home in 2025, now could be an ideal time to prepare, as downsizing demand and an influx in first-time buyers are expected to fuel competition in the smaller detached and townhouse segments.

Opportunities for Condo Buyers

The condo market has faced challenges, particularly in the GTA, where sales hit record lows in 2024. However, as competition heats up in detached and attached housing, condos could see a resurgence as buyers pivot to more affordable options.

Key Takeaways for 2025

  1. Buyers: 2025 is your chance to secure a home before interest rates dip further, potentially pushing 44% of markets into seller territory and driving prices up even in balanced markets. Durham’s balanced market offers excellent opportunities.

  2. Sellers: With a 5% price increase expected in Durham, listing your home in the spring market could maximize your return. Better yet, beat the inventory to market and get your listing up ahead of your competition this spring.

What’s Next?

Whether you’re buying, selling, or simply planning your next move, 2025 is brimming with potential. If you’re ready to make a move in the Durham Region or GTA, let us guide you through every step.

Looking to downsize or invest? Drop your questions in the comments or contact us today. Let’s make your 2025 real estate goals a reality!

CONTACT OUR TEAM NOW:

  • Ben Stanton, Broker @ 905-995-3372

  • Jim Stanton, Broker @905-409-9967

  • Brian Stanton, Salesperson @416-571-5272

Read
Categories:   2022 | 2023 | 2024 | 2024 Real Estate Market | 2024 Year in Review | 2025 | 2025 Real Estate forecast | 2025 real estate predictions | Ajax Real Estate | Amberlea, Pickering Real Estate | Annex, Toronto C02 Real Estate | Anti-Flipping Tax | APSLEY Real Estate | Apsley, North Kawartha Real Estate | attractions | back to school | Bank of Canada | Bay Ridges, Pickering Real Estate | bayview mills | Bendale, Toronto E09 Real Estate | Benjamin Tal | best lawn fertilizer | best weed killer | Blue Grass Meadows, Whitby Real Estate | Bowmanville Real Estate | Bowmanville, Clarington Real Estate | Bridle Path-Sunnybrook-York Mills, Toronto C12 Real Estate | Bridle Path-Sunnybrook-York Mills, Toronto Real Estate | Brooklin, Whitby Real Estate | buy first or sell first | Buy or Sell First | buyers | buying a home | C12 | Canada Economy | Centennial, Oshawa Real Estate | Central Oshawa Go Train Station | Central West, Ajax Real Estate | Central, Oshawa Real Estate | Chandos, North Kawartha Real Estate | Christmas | Christmas Markets | CIBC | City Centre, Mississauga Real Estate | City of Oshawa | Clarington, Durham Real Estate | clean gutters | clean gutters and downspouts | cleaning your deck | comparable homes | comparable sales | comparative market evaluation | Condo Townhome | corn gluten | corn gluten meal | coronavirus | Courtice, Clarington Real Estate | covid-19 | covid-19, coronavirus | credit card rate cuts, mortgage payment deferrals, COVID-19, coronavirus | curb appeal | December 2023 Market Update | deck | Donevan, Oshawa Real Estate | downspouts | Downtown Whitby, Whitby Real Estate | drainage | Durham | Durham Region | durham region tourism | Fall Market | farms in durham | February 2023 | February 2024 | fertilizer | financing | Foreign Buyer Ban | Galway-Cavendish and Harvey Real Estate | gardens | Go Train | Go Transit | government of ontario | GTA | GTA Real Estate Stats | gutter | gutter guards | gutter maintenance | gutters | Highlands East Real Estate | Holiday Markets | Holiday Season | home maintenance | Housing Forecast | interest rates | Ipsos | January 2023 | July 2023 | June 2023 | Lakeshore East Go Train Expansion | Lakeview, Oshawa Real Estate | lawn | lawn and garden | lawn care | leak prevention | Little Lake, Cramahe Real Estate | Local | local artisans | lush green lawn | Lynde Creek, Whitby Real Estate | Maker Markets | March 2023 | March 2025 | market | market evaluation | Market Outlook | market snapshot | Market Stats | market update | May 2023 | May 2024 | May 2025 Market Snapshot | McLaughlin, Oshawa Real Estate | mortgage | mortgage rates | Mother's Day | New Development in Central Oshawa | Newcastle, Clarington Real Estate | Newtonbrook East, Toronto C14 Real Estate | North Kawartha Real Estate | north york real estate | Northglen, Oshawa Real Estate | Northwest Ajax, Ajax Real Estate | October 2023 | ontario | ontario government | Open Offer Process | oshawa | Oshawa Real Estate | oshawa botanical garden | Oshawa Go | Oshawa Real Estate | Oshawa, Durham Real Estate | Parade | parenting | parks | peony festivael | pick your own strawberries | Picks & Giggles | Pinecrest, Oshawa Real Estate | Port Whitby, Whitby Real Estate | price my home | Pringle Creek, Whitby Real Estate | re-open | real estate legislation | Real Estate Market | Real Estate Market Stats | Real Estate Statistics | real estate stats | Redevelopment in Durham Region | ReMax | Remembrance Day | Residential Commercial Development in Oshawa | ribfest | Rolling Acres, Whitby Real Estate | Rouge E10, Toronto E10 Real Estate | Rural Cramahe, Cramahe Real Estate | Rural North Kawartha, North Kawartha Real Estate | Rural Whitby, Whitby Real Estate | sales forecast | Samac, Oshawa Real Estate | Santa | Santa Claus | Santa Claus Parade | school | September 2023 | site seeing | social distancing | South East, Ajax Real Estate | South West, Ajax Real Estate | spring cleaning | st andrews | strawberries | summer events | summer home maintenance | Toronto | Toronto C10 Real Estate | Toronto E10 Real Estate | Toronto real estate | Toronto Regional Real Estate Board | Toronto Vacant Home Tax | Toronto W09 Real Estate | Trent Lakes Real Estate | TRESA | TRREB | TRREB Stats | Trust in Real Estate Services Act | week killer | Whitby Real Estate | Williamsburg, Whitby Real Estate | windfields | York Mills | Zoocasa
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website. The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.