JULY 2025 UPDATE: GTA & DURHAM REGION REAL ESTATE MARKET
Posted by Dan Plowman on
The Greater Toronto Area just recorded its strongest July for home sales since 2021. While prices remain lower year-over-year, the combination of improved affordability and buyer confidence is creating steady momentum across the GTA and Durham Region.
GTA Market Insights
GTA REALTORS® reported 6,100 home sales in July 2025, up 10.9% from July 2024. New listings also increased year-over-year, reaching 17,613 (↑ 5.7%).
Market conditions modestly tightened, with sales rising faster than listings compared to last year. The average selling price across the GTA came in at $1,051,719, down 5.5% annually, while the MLS® HPI benchmark dropped 5.4%. Month-over-month, however, prices remained flat, suggesting a level floor may be forming.
Durham…
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