In July 2025, GTA home sales were up 10.9% year-over-year, although average prices fell 5.5%. This was the strongest July activity in the last 4 years. From June, sales still declined by 2.3% and prices dropped by 4.5%.
Detached home sales showed the biggest year-over-year gains, especially in the outer GTA, while condos continued to fall behind. Month-over-month, both segments saw slower sales and softer prices. High suburban inventory is giving buyers more options and leverage.
Although there is still caution and market skepticism due to a volatile trade and job market conditions, there is optimism around falling rates and increased choice. July results suggest a window of opportunity for buyers who are prepared to act in an uncertain market.