August 2025 GTA Real Estate Market Update

The Greater Toronto Area housing market showed steady movement in August, with sales rising compared to last year while buyers continued to benefit from more available inventory. These shifts are giving us a clearer picture of how affordability and demand are shaping the months ahead.

Market Performance

In August 2025, GTA REALTORS® reported 5,211 home sales, a 2.3% increase compared to August 2024. New listings climbed to 14,038, up 9.4% year-over-year, which means buyers had more choice across the market.

Even with higher sales, average selling prices were negotiated lower, with homes averaging $1,022,143, down 5.2% from August 2024. The MLS® Home Price Index Composite benchmark also fell 5.2% year-over-year. On a seasonally adjusted month-over-month basis, sales eased slightly compared to July, but prices held steady.

What This Means for Buyers and Sellers

For buyers, a well-supplied market and easing borrowing costs are creating opportunities to find the right home at a better price. If rates continue to trend lower, affordability could improve further, bringing more buyers off the sidelines.

For sellers, even though prices are lower than last year, the demand is still present. Properties that are priced strategically and marketed well are continuing to move.

Looking Ahead

TRREB points to slower economic growth and controlled inflation as factors shaping the market. Further interest rate cuts could provide an additional boost to affordability, while large-scale infrastructure projects will play a key role in supporting long-term economic growth across the GTA.

Ready to Take the Next Step?

Whether you’re considering buying, selling, or simply keeping an eye on the market, the right strategy makes all the difference. Connect with our team today to discuss your goals and explore the opportunities in today’s market.