September 4, 2025 | Buying
The Greater Toronto Area (GTA) housing market had its strongest July since 2021, and as REALTORS®, we’re seeing the shift firsthand. Buyers are stepping back into the market thanks to improved affordability, while sellers are navigating conditions that remain competitive yet stable.
What’s Driving the Market?
Lower borrowing costs and softer home prices are making ownership more accessible. This is encouraging news for buyers who have been sitting on the sidelines. With interest rates expected to ease further, we anticipate more families will feel confident taking the next step into homeownership.
Key Numbers from July 2025
- 6,100 homes sold across the GTA — up 9% from last July.
- 17,613 new listings came to market — a 7% increase year-over-year.
- On a month-over-month basis, sales outpaced listings, tightening market conditions.
- The average selling price was $1,051,719, down 5% compared to last year.
What This Means for Buyers
This is a window of opportunity. Prices remain lower than last year, but sales momentum is building. If you’ve been waiting for the right time, this could be it — especially before further rate cuts bring more competition into the market.
What This Means for Sellers
While average prices are still below last year’s levels, demand is picking up. Well-prepared homes are attracting serious buyers quickly. Proper staging, pricing, and marketing are key to taking advantage of this renewed activity.
Looking Ahead
Real estate doesn’t operate in a vacuum. Broader economic factors — like trade tensions and government policy — play a role, but housing continues to be a major driver of our regional economy. With buyers regaining confidence, we expect the remainder of 2025 to bring steady activity across the GTA.
Bottom line: The GTA market is showing signs of strength and stability. Whether you’re considering buying or selling, having the right strategy — and Taylor Caputo Properties by your side — will help you make the most of this shifting landscape.