The TRREB Market Watch for August 2025 reveals a clear shift in the Greater Toronto Area (GTA) housing market. While sales activity held steady, an increase in listings and growing inventory has tilted the advantage toward buyers. Prices have softened, and homes are spending more time on the market, a sign that balance is returning after years of competitive conditions.

Year-over-Year Highlights

Here’s how August 2025 compared to the same month last year:

• Sales: 5,211 transactions (+2.3%)
• New Listings: 14,038 (+9.4%)
• Active Listings: 27,495 (+22.4%)
• Average Price: $1,022,143 (-5.2%)
• Average Listing Days on Market (LDOM): 33 days (+13.8%)
• Average Property Days on Market (PDOM): 49 days (+11.4%)

Takeaway: Demand remains steady, but the surge in supply has created more breathing room for buyers. Sellers are facing longer timelines and more pressure to price competitively.

Regional Market Breakdown

The TRREB Market Watch shows important variations across GTA regions:

• City of Toronto: 1,779 sales, average price $992,085, median price $800,000
• York Region: 994 sales, average price $1,184,196, median price $1,107,500
• Peel Region: 915 sales, average price $960,351, median price $890,000
• Durham Region: 676 sales, average price $860,951, median price $805,000
• Simcoe County: 181 sales, average price $893,023, median price $829,500

Markets to Watch

• King Township: Highest average price at $2,198,734, though with only 16 transactions.
• Aurora: Consistently strong, averaging $1,358,974 with a median price of $1,200,000.
• Toronto Central: Average price of $1,035,938, but a lower median of $700,000, highlighting a diverse mix of property sales.

What It Means for Buyers and Sellers

• Buyers: More listings and longer selling times mean better choice and stronger negotiating power. The drop in average prices may create openings in markets that were once out of reach.
• Sellers: With inventory climbing, standing out is key. Realistic pricing and professional marketing will be critical to attract serious buyers.
• Investors: Regions like York and Peel remain resilient, while niche luxury markets such as King continue to command premium prices.

Moving Forward

The August 2025 TRREB Market Watch confirms that the GTA housing market is rebalancing. After years of intense competition, buyers are finally in a stronger position, while sellers must adapt strategies to stay competitive.

💡 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 TRREB Market Watch data shows a market shifting in your favour.

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