August 2025.
Dear Friend,
I hope this note finds you well and enjoying the summer! I wanted to take a moment to share some fresh insights from the Toronto Regional Real Estate Board’s just-released July 2025 Market Watch report. The market continues to show signs of renewed activity, offering opportunities for both buyers and sellers.
Here are some key highlights:
- Sales activity rose by 10.9% compared to July 2024
- the best July performance since 2021.
- Average selling price across the GTA was $1,051,719, down 5.5% year-over-year, offering improved affordability.
- New listings were up 5.7%, while the pace of sales increased faster than listings, slightly tightening overall market conditions.
- Detached and semi-detached homes in the 905 area led the way in volume, showing the strongest price resilience.
- Buyers continue to benefit from lower borrowing costs and adjusted prices, presenting a more approachable path to homeownership.
As we move toward the fall market, we may see more activity - especially if interest rates continue to ease. Whether you're curious about your home's value, considering an investment, or simply want to stay informed, I'm here to help.
Your friend in real estate,
Mitra Goodarzi
Real Estate Broker
REMAX Realtron Realty Inc., Brokerage
(416) 417-4633
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