JUNE 2025 UPDATE: THE GTA & DURHAM REGION REAL ESTATE MARKET
Posted by Dan Plowman on
Affordability continued to improve in June, helping more buyers enter the market with confidence. While average prices and borrowing costs remain lower than last year, many buyers are still cautious, keeping overall sales volume slightly below 2024 levels. That said, inventory is tightening month-over-month, giving sellers a subtle edge in well-positioned areas.
GTA Market Insights
GTA REALTORS® reported 6,243 home sales in June 2025—a modest 2.4% drop compared to June 2024. New listings reached 19,839, up 7.7% year-over-year. The average selling price across the GTA was $1,101,691, down 5.4% annually. The MLS® HPI benchmark fell 5.5% year-over-year.
Month-over-month, however, sales increased and listings decreased, tightening the market and…
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