July 2025 Real Estate Market Snapshot: Signs of Strength in the GTA
The summer real estate market is heating up—and July brought the strongest sales numbers we've seen for this month since 2021.
Buyer confidence is on the rise, affordability is improving, and more families across the Greater Toronto Area are making their move.
🔑 What’s Driving the Momentum?
Lower home prices and softer borrowing costs have finally started to make a real impact—unlocking opportunity for households that were previously sidelined. More buyers are stepping back into the market, and it’s showing up in the numbers.
6,100 homes sold across the GTA in July 2025 — a 10.9% jump compared to July 2024.
Active listings reached 30,215, up 26.2% year-over-year.
That works out to 4.95 months of inventory, tipping us closer to a seller’s market (anything under 5 months typically signals tightening conditions).
New listings were up slightly from June, but sales outpaced them, indicating stronger demand and momentum.
📈 Condos Holding Steady
Condominium sales remain consistent and continue to play a key role in our urban housing mix:
1,576 condo sales in July — up 4.4% from June and 6.3% from July 2024.
Prices, however, are down 9.4% year-over-year, largely due to a wave of new construction completions hitting the market. This provides great opportunities for first-time buyers and investors seeking long-term value.
💡 The Bigger Picture: What This Means for the Market
Jason Mercer, TRREB’s Chief Information Officer, weighed in on the national context. With Canada’s economy feeling the pressure from international trade uncertainties—especially with the U.S.—the housing sector is emerging as a key economic driver.
Home sales don’t just move property—they trigger spin-off spending that benefits our local trades, small businesses, and service providers. If interest rates drop further, it could fuel even more homebuying activity and boost local economic growth.
☀️ Enjoy the Rest of Your Summer
Whether you're exploring your next move or simply keeping an eye on the market, I’m here to help you navigate every step.
Have questions about your neighbourhood, pricing strategy, or investment opportunities? I’d love to connect.
Here’s to a sunny and successful season ahead!
