As we wrap up the first half of the year, the June 2025 Toronto real estate market delivered some mixed signals: affordability is improving, but many potential buyers are still sitting on the sidelines.
Let’s break it down 👇
Ownership housing became slightly more affordable this month. Both average selling prices and borrowing costs remained lower than June 2024. While this should, in theory, motivate more buyers to re-enter the market, ongoing economic uncertainty is causing hesitation.
Home sales: 6,243
⬇️ Down 2.4% compared to June 2024
➡️ Almost identical to May 2025
New listings: 19,839
⬆️ Up 7.7% year-over-year
⬇️ Down 9% from May 2025
Average selling price: $1,101,691
⬇️ Down 5.4% year-over-year
⬇️ Slightly lower than May
📌 All major home types saw a dip in price, but townhomes held their value the best.
While sales numbers stayed steady and supply is still historically high, we’re beginning to see signs that inventory growth may be slowing. This could put pressure on pricing in the months to come — especially if buyer confidence returns.
And with summer typically being a slower period, this year might surprise us. Some buyer activity is still strong, which could lead to a more active market than usual.
Whether you’re wondering what your home is worth or trying to time the market, I’m here to help. Let’s chat about your goals and create a plan that makes sense — especially in a shifting market like this one.
📲 Contact me anytime.