The Greater Toronto Area (GTA) real estate market is leaning further into buyer-friendly territory this summer. With more inventory, lower prices, and properties lingering longer on the market, June 2025 offered a rare window of opportunity for buyers looking to make their move.

📉 Sales Down, Listings Up: What’s Fueling the Shift?

According to the Toronto Regional Real Estate Board (TRREB), GTA REALTORS® recorded 6,243 home sales across all TRREB areas in June 2025 – a 2.4% decline from the same month last year. While this dip may seem modest, it’s part of a larger trend of slower buyer activity in recent months.

Meanwhile, new listings climbed to 19,839, up 7.7% year-over-year. Even more telling, active listings surged by 30.8%, reaching 31,603. This growing pool of homes gives buyers more options, more negotiating power, and more time to make informed decisions.

“Buyers are no longer racing to beat the crowd. They have time, selection, and negotiating power again,” notes TRREB’s Chief Market Analyst.

💰 Prices Decline Across the Board

The average selling price across the TRREB region dropped to $1,101,691, down 5.4% from June 2024. The median price now sits at $950,000, continuing the cooling trend we’ve seen in recent months.

This dip in pricing is an opportunity – especially for:

• Durham Region: $891,662 (lowest among major GTA regions)
• Simcoe County: $948,357
• Brampton: $954,523

On the luxury side, some markets remain firm:

• King: $1,921,342 (highest in the GTA)
• Caledon: $1,373,967
• Richmond Hill: $1,294,995

🕰️ Homes Are Taking Longer to Sell

Slower buyer activity is showing in time-on-market figures:

• Average Listing Days on Market (LDOM): 26 days (up 30%)
• Property Days on Market (PDOM): 42 days (up 40%)

For buyers, this means less pressure and more time to evaluate. For sellers, it signals the importance of pricing competitively and adjusting to new market expectations.

📍 Regional Standouts: June’s Hottest and Coolest Markets

Most Active:

• 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:

• King: 30 sales | Avg. Price: $1,921,342
• East Gwillimbury: 49 sales
• Stouffville: 48 sales

🔮 Outlook: What’s Next?

This market slowdown isn’t just about housing supply and demand – it’s tied to broader economic uncertainty and trade instability with the U.S., which are keeping some buyers on the sidelines.

However, lower borrowing costs, steady inflation, and the potential for federal housing support could boost activity in the second half of the year.

“We need real steps – lower housing taxes, innovative building methods, and faster approvals to reignite construction,” says TRREB CEO John DiMichele.

💡 Thinking of Making a Move?

The summer of 2025 may be your best chance to make a smart move – whether you’re a first-time buyer, investor, or someone looking to upsize or downsize. With more listings, lower prices, and longer selling times, the power is shifting.

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