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07.21.2025 | Market Report

Real Estate Market Report: July 2025

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The story of our GTA housing market continues along the same lines through June. Economic uncertainty surrounding our trade war has sidelined many potential buyers. In all the markets that we track, we have moved into a Buyer’s market, bringing negotiating power into the Buyers’ hands. It’s now more important than ever to ensure that your home looks great and is priced at the current market. Homes that meet these two criteria are still selling at good prices. For those who are looking to make a move and currently own a home, you’re in luck. With the right strategies, there is ample time in this market to gain on your sale and your buy.

There were 6,243 home sales through TRREB in June 2025 – down by 2.4 per cent compared to June 2024. On a seasonally adjusted basis, June home sales increased month-over-month compared to May 2025. New listings declined compared to May. This has the market moving into a better position.

The MLS® Home Price Index Composite benchmark was down by 5.5 per cent year-over-year in June 2025. The average selling price, at $1,101,691 was down by 5.4 per cent compared to June 2024. While average prices are down year-over-year, motivated buyers are active and well-priced homes are selling. With the right approach, this market offers real opportunity—whether you’re buying, selling, or both.

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