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 Region Market Highlights
Durham mirrored the GTA trend: stronger sales activity, balanced by softer year-over-year prices. Affordability continues to draw buyers, even as average days on market increased.
Key Metrics – Durham Region (July 2025):
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Average Sale Price: $885,259 (↓ 0.72% from June)
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Days on Market: 25 (↑ from 21)
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Sales: 852 (↑ 4.28%)
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New Listings: 2,058 (↓ 9.82%)
Area Breakdown
Oshawa
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Avg. Price: $736,383 (↓ 3.68%)
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Sales: 213 (↑ 17.03%)
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New Listings: 575 (↓ 1.88%)
Whitby
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Avg. Price: $996,314 (↑ 3.64%)
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Sales: 170 (↓ 10.05%)
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New Listings: 372 (↓ 17.70%)
Ajax
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Avg. Price: $901,117 (↓ 4.70%)
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Sales: 106 (↓ 0.93%)
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New Listings: 265 (↑ 1.92%)
Pickering
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Avg. Price: $972,391 (↓ 4.11%)
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Sales: 131 (↑ 0.77%)
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New Listings: 323 (↓ 11.26%)
Clarington
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Avg. Price: $840,400 (↑ 4.02%)
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Sales: 175 (↑ 21.53%)
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New Listings: 318 (↓ 18.04%)
What’s Driving the Market?
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Sales Strength: The best July since 2021 shows buyers are more active, particularly where affordability has improved.
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Inventory Shifts: New listings are down month-over-month, tightening supply in many communities.
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Price Stability: While still lower year-over-year, July prices held steady compared to June, hinting at stabilization.
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Local Standouts: Oshawa and Clarington posted notable gains in sales, while Whitby saw price growth despite fewer transactions.
Looking Ahead
For Buyers:
The current market offers an opportunity to secure homes at prices below last year, with less competition than we typically see in the fall.
For Sellers:
Low inventory is working in your favour. Well-presented homes in desirable areas—particularly in Oshawa and Clarington—are moving quickly.
Bottom Line: July marked another step forward in the GTA and Durham Region housing market. With affordability gains, tightening inventory, and strong summer sales, both buyers and sellers can find advantages with the right strategy.
Stats provided by TRREB & Independent Reporting Company RE Stats Inc. Information is deemed reliable but not guaranteed and may vary by 2.5%.
Posted by Dan Plowman on
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