Our Real Estate Update July 2025

Home sales across the Greater Toronto Area saw their strongest results for the month of July since 2021, with 6,100 transactions - an annual increase of 10.9 per cent over July 2024. Economic uncertainty and ongoing tariff impacts have paused the interest rate declines that began earlier in the year, but the fundamentals have shifted in buyers’ favour. With prices holding relatively steady and supply at multi-year highs, opportunities are quietly emerging across the Greater Toronto Area.

While demand continues to improve, the supply side showed a notable shift. New listings decreased in July compared to June. Active inventory remained historically high, about 30,215 properties, up 26 per cent from July 2024. Although June had peaked around 31,600 listings, levels remained near record highs into July.
Meanwhile, home values edged lower in July, with the average sale price falling by 5.5 per cent year-over-year, while the average selling price dropped 4.5 per cent to $1,051,719 compared to June 2025.

For more details on the July 2025 monthly figures and the latest Royal LePage Market Update Report, visit this month’s edition of our Real Estate Facts & Figures.