GTA Market Watch I August 2025

  • Home Sales:
    5,211 transactions, up 2.3% year-over-year.
    On a seasonally adjusted basis, sales edged lower vs. July 2025.

  • New Listings:
    14,038 new listings, up 9.4% year-over-year.
    Month-over-month, listings increased, keeping supply strong.

  • Prices:

    • MLS® HPI Composite Benchmark: -5.2% year-over-year

    • Average Selling Price: $1,022,143 (-5.2% year-over-year)

    • Month-over-month (seasonally adjusted): Flat vs. July 2025

📍 Source: TRREB

GTA Condo Rental Market | Q2 2025

  • Rents Down: 1-Bed $2,326 (-5.1%), 2-Bed $3,066 (-3.5%)

  • Market Activity: 20,417 Leases (+16.6%), 27,060 Listings (+16%)

  • Trend: High supply gives renters strong negotiating power

  • Outlook: More completions keep supply high; immigration supports demand

📍 Source: TRREB

GTA Market Watch | July 2025

Home sales in July 2025 reached 6,100, the best July since 2021 and up 10.9% year-over-year. New listings rose 5.7% to 17,613, but sales outpaced listings, showing a modest tightening in market conditions.

The average price was $1,051,719, down 5.5% year-over-year, while the MLS® HPI Composite fell 5.4%. On a seasonally adjusted basis, sales increased from June, while prices remained flat.

📍 Source: TRREB