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Toronto Real Estate Market Review 2025:
A Year of Renewal, Balance, and Buyer Confidence
Embracing Winter in the GTA Real Estate Market
January 2026 | The Rose Macchiusi Team | Weiss Realty Ltd.
As the snow blankets the streets of Toronto and the Greater Toronto Area (GTA), winter brings a quieter, more reflective pace to the real estate market. While many associate spring with bustling home sales, the winter months offer unique advantages for both buyers and sellers ready to make a move.
Current GTA Market Snapshot (January 2026)
The GTA housing market remains more affordable than in recent years, with average home prices hovering around $956,000–$1,007,000 (down about 5–6% year-over-year).
- Detached homes average around $1.3 million
- Condos sit closer to $628,000
High inventory levels (over 17,000 active listings) have created a balanced-to-buyer-favorable environment, giving serious buyers more negotiating power.
Why Winter Can Be a Smart Time to Buy
- Less Competition: Fewer buyers = less bidding wars
- Motivated Sellers: Properties may come with incentives
- Thorough Viewings: See how a home performs in real winter conditions
Tips for Sellers in Winter
- Warm & Welcoming Staging – Crank up the heat, light the fireplace
- Prompt snow clearing & safe walkways
- Professional photos highlighting indoor warmth
Ready to Make Your Move This Winter?
At Weiss Realty Ltd., the Rose Macchiusi Sales Team is here to guide you every step of the way.
Winter in the GTA isn't just about enduring the cold—it's about finding the perfect place to stay warm all season long. ❄️□
ONTARIO BUILDING CODE CHANGES JANUARY 1, 2026
Key Changes Effective Jan 1, 2026
- Every Floor: Alarms must now be on every storey (level) of a home or dwelling unit.
- Expanded Triggers: Applies to homes with fuel-burning appliances (furnaces, water heaters, stoves, fireplaces), attached garages, or heating from an outdoor furnace.
- Multi-Unit Dwellings: Rules extend to apartments/condos, requiring alarms in units and sometimes public corridors near fuel systems or garages.
- Scope: Covers single-family homes, townhouses, and multi-unit residential buildings (apartments, condos).
- Install Alarms: Place CO alarms on every floor and next to each sleeping area if you have a furnace, fireplace, or attached garage.
- Check Your Appliances: Ensure all fuel-burning devices (furnaces, hot water tanks, stoves) are properly vented and inspected annually by a professional.
- Buy Certified Alarms: Look for alarms meeting Canadian performance standards (ULC certified).
- Test Monthly: Test your alarms monthly and replace batteries as per manufacturer instructions (even plug-in models need battery backup).
Carbon monoxide is an invisible, odorless gas that can cause headaches, dizziness, and death, making early detection crucial. These new requirements provide broader, earlier warning for residents.
Responsibilities
- Homeowners: Responsible for installation and maintenance in single-family homes.
- Landlords/Building Owners: Responsible for compliance in rental units and multi-unit buildings.
Failure to comply with the Ontario Fire Code is an offence, with potential fines up to $50,000 for individuals and $500,000 for corporations for a first offence.
