Where to Buy Real Estate in Canada 2025: Greater Toronto Area

Home to 6.7 million people, the Greater Toronto Area (GTA) has long been a cornerstone of Canada’s real estate market. Accounting for about 17% of the country’s population, residents of the GTA represent more than 250 ethnic backgrounds and speak more than 170 languages. Though many people aspire to owning property in the GTA, which in our ranking includes Peel, York, Durham and Halton regions, housing affordability remains a challenge, with the average home price above the $1-millio