The Greater Toronto Area (GTA) housing market is continuing its shift toward a buyer-friendly environment this summer. According to the latest Market Watch report from the Toronto Regional Real Estate Board (TRREB), July 2025 brought a surge in listings, softer price points, and longer selling timelines—creating a landscape rich with opportunity for homebuyers and investors alike.
Sales Rise, Prices Ease: Key Highlights from TRREB
TRREB data reveals that REALTORS® facilitated 6,100 home sales in July 2025, marking a notable 10.9% increase compared to the same month last year. Despite this uptick in activity, the average selling price declined by 5.5% year-over-year, landing at $1,051,719. This price moderation is giving buyers more breathing room and leverage in negotiations.
Meanwhile, inventory levels are climbing:
- Active Listings: 30,215 (up 26.2% year-over-year)
- New Listings: 17,613 added in July alone
This influx of supply is reshaping the market dynamics, offering buyers a wider selection and greater negotiating power than in previous years.
Longer Selling Times Signal Buyer Advantage
Homes are taking longer to sell, further tilting the balance toward buyers. The extended timelines allow buyers to carefully evaluate options, conduct due diligence, and negotiate more favorable terms. Sellers, on the other hand, are facing increased pressure to price competitively and respond to market realities.
Price Trends Across the GTA: Where Value Meets Demand
While the overall average price sits at $1,051,719, regional differences are striking:
Most Affordable Areas:
- Durham Region: $885,259
- Georgina: $869,904
- Simcoe County: $981,525
- Brampton: $909,448
High-End Markets:
- King: $2,166,063
- Aurora: $1,481,109
- Richmond Hill: $1,325,820
- Markham: $1,246,087
Most Active Areas:
- City of Toronto: 2,205 sales Avg. Price: $1,044,576
- Peel Region: 1,052 sales Avg. Price: $972,669
- York Region: 1,049 sales Avg. Price: $1,234,564
These figures highlight the diversity of the GTA market, with options ranging from entry-level affordability to luxury living.
Late Summer 2025 Outlook: A Window of Opportunity
As interest rates stabilize and inflation remains steady, more buyers may feel confident about entering the market. However, with high inventory levels and longer selling times, sellers will need to adapt by refining their pricing strategies and enhancing property appeal.
For buyers, this is a rare moment in the GTA housing cycle—marked by increased choice, more favorable pricing, and room to negotiate. Whether you're a first-time buyer, seasoned investor, or planning to downsize, the current market conditions could be ideal for making your move.
