June 2025 GTA Market Watch

According to TRREB, the GTA reported 6,243 home sales in June 2025, a 2.4 percent decrease compared to June 2024.

New listings reached 19,839, up by 7.7 percent year-over-year. On a seasonally adjusted basis, June sales increased from May 2025, while new listings declined slightly, continuing the tightening trend observed during the spring market.

The Home Price Index Composite benchmark was down 5.5 percent year-over-year. The average selling price was $1,101,691, down 5.4 percent from June 2024. Both the benchmark and average price edged lower month-over-month on a seasonally adjusted basis.

Affordability continued to improve, supported by lower home prices and borrowing costs compared to last year. Buyers also benefited from more inventory and greater negotiating power, making homeownership more attainable for many households.