GTA Land Transaction Volume Down 20% in 2025

Some key highlights from our 𝐐𝟰-𝟐𝟎𝟐𝟓 𝐋𝐚𝐧𝐝 𝐒𝐚𝐥𝐞𝐬 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 on the Greater Toronto Area (GTA) and Outer Greater Golden Horseshoe (GGH) markets:

▶ The total transaction value of all GTA development land sales in Q4-2025 was 56% lower than the 5-year average of $1.74 billion, with a total transaction value of approximately $762 million.

▶ ICI development land transaction values for the GTA decreased by 41% year-over-year from $622 million in Q4-2024. Residential development land transaction values decreased 25% year-over-year from $531 million in Q4-2024.

▶Q4 total development land transaction values in the Outer GGH were down 64% year-over-year with 33% fewer transactions compared to Q4-2024; however, values in Q4 were 40% higher quarter-over-quarter with 22% more transactions compared to Q3-2025.

▶ 2025 Total GTA development land transaction values decreased by 20% year-over-year to $3.35 billion, from $4.19 billion in 2024, while total Outer GGH development land transaction values decreased by 46% year-over-year to $785 million, from $1.46 billion in 2024.

▶ There was one receivership sale for development land recorded in the GTHA in Q4-2025 at 3030 Trafalgar Road, as well as three power of sale transactions at 10423 Yonge Street, 3312 Danforth Avenue & 110 Sheppard Avenue West.

▶There were two receivership sales for development land recorded in the Outer GGH region at 50 Wood Street & 521 Essa Road, and two power of sale transactions at 142 Fergus Avenue & 346 King Street North.