The real estate landscape across the Greater Toronto Area is shifting in favour of buyers this summer. June 2025 brought a notable uptick in listings, softened prices, and longer market durations—creating a prime moment for those looking to purchase with confidence.
More Listings, Fewer Sales: Momentum Shifts
Data from the Toronto Regional Real Estate Board (TRREB) reveals 6,243 homes were sold in June 2025 across all TRREB districts—a dip of 2.4% compared to last year. While modest, this decline signals a pattern of cooler buyer activity in recent months.
Meanwhile, new listings saw a jump to 19,839, marking a 7.7% increase year-over-year. Even more strikingly, active listings rose by 30.8%, climbing to 31,603. With more homes hitting the market, buyers gain valuable leverage: more choices, better deals, and time to weigh options wisely.
Prices Slide Across the GTA
The average price of a home sold in TRREB areas settled at $1,101,691—down 5.4% from June 2024. The current median price stands at $950,000, continuing the gradual cool-off that’s emerged this year.
Looking regionally, value seekers may find opportunity in:
- Durham Region: $891,662 – the most affordable among major GTA zones
- Simcoe County: $948,357
- Brampton: $954,523
Meanwhile, luxury strongholds continue to hold steady:
- King: $1,921,342 – highest average in the GTA
- Caledon: $1,373,967
- Richmond Hill: $1,294,995
Most Active Areas
- City of Toronto: 2,319 sales Avg. Price: $1,132,709
- Peel Region: 1,079 sales Avg. Price: $1,015,512
- York Region: 1,061 sales Avg. Price: $1,241,758
Least Active Areas
- King: 30 sales Avg. Price: $1,921,342
- East Gwillimbury: 49 sales
- Stouffville: 48 sales
Looking Ahead: Economic Undercurrents
This slowdown is shaped not only by supply and demand, but also by broader economic tensions—particularly trade friction with the U.S.—which continue to influence buyer confidence. Even so, factors like lower interest rates, steady inflation, and the potential for federal support in housing may inject momentum into the market as we move deeper into 2025.
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