The Greater Toronto Area (GTA) housing market is leaning further toward buyers this summer. With more listings, softer prices, and longer selling times, July 2025 market watch TRREB data shows a landscape full of opportunities for buyers and investors alike.

Sales Up, Prices Down: Insights from Market Watch TRREB

According to the Toronto Regional Real Estate Board (TRREB), REALTORS® reported 6,100 home sales in July 2025 – up 10.9% compared to July 2024. Despite this uptick, average prices dropped 5.5% year-over-year, settling at $1,051,719.

At the same time, active listings jumped 26.2%, reaching 30,215, with 17,613 new listings added to the market. This surge in supply is providing buyers with greater choice and negotiating power.

Homes Taking Longer to Sell

The latest market watch TRREB report also highlights longer selling times:

• Average Listing Days on Market (LDOM): 30 days (+25%)
• Average Property Days on Market (PDOM): 41 days (+13.9%)

This shift gives buyers more time to evaluate properties and negotiate, while sellers face increased pressure to price competitively.

💰 Price Trends Across the GTA

With the overall average price at $1,051,719, regional variations are notable:

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

📍 Regional Activity Snapshot

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

Least Active:

• King – 16 sales
• East Gwillimbury – 40 sales
• Aurora – 47 sales

🔮 Outlook for Late Summer 2025

Stabilizing interest rates and steady inflation may encourage more buyers to re-enter the market. However, with high inventory and longer selling times, sellers will need to adjust pricing strategies to stay competitive.

For buyers, this period offers more selection, better prices, and room to negotiate, conditions rarely seen in the GTA market.

💡 Thinking of Buying or Selling?

Now may be the perfect time to make your move. Whether you’re purchasing your first home, investing, or downsizing, the market watch TRREB data shows a market shifting in your favour.

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