Toronto Home Sales are COMPLETELY DEAD…
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►► Toronto Home Sales Are Completely Dead… and May 2025 Real Estate Data Just Confirmed It

We just got the Toronto Real Estate sales numbers for the month of May 2025, and it’s official: this was the worst May on record outside of the 2020 pandemic shutdown. Year-to-date 2025 sales are tracking far below the historical average, and less than half of what we saw during the 2021 peak.

What’s even more shocking? This is happening as interest rates are coming down and affordability is technically improving. So then why aren’t people buying homes?

In this episode of Prime Properties TV, I break down:
— Why economic uncertainty, and not interest rates, is causing a housing crash;
— How 2025 home sales pace could end up below the 1990s, despite having double the population;
— Segment-by-segment breakdown of what’s actually moving and what’s stuck in the real estate market;
— A deep dive into months of inventory and what it tells us about where housing prices might go next.

This isn’t just a slow spring. It’s a deepening housing crash, and we need to talk about what it means for the future of Toronto Real Estate.

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00:00 – Record Low Home Sales
02:10 – Home Sales vs the 1990’s
06:30 – Months of Inventory Update
10:37 – Housing Prices Still Going Up
11:17 – The Mounting Inventory Problem
14:09 – Historical Trends
15:44 – The Worse May Be Behind Us

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#torontorealestate #homesales #housingcrash #interestrates #housingprices

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Find Zhen Here:
Book A Call: www.ChatWithZhen.com
Email: Zhen@PrimePropertiesTO.com
Website: http://www.PrimePropertiesTO.com

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