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 signaling a slow but steady shift toward recovery.
Durham Region Market Highlights
Durham followed a similar pattern: affordability improved, listings dipped, and prices adjusted slightly. Buyers are still active, and the more balanced landscape continues to create opportunity on both sides of the transaction.
Key Metrics:
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Average Sale Price: $891,662 (↓ 1.55% from May)
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Days on Market: 21 (↑ from 18)
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Sales: 817 (↓ 3.88%)
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New Listings: 2,282 (↓ 7.27%)
Area Breakdown:
Oshawa
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Avg Price: $764,501 (↓ 2.21%)
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Sales: 182 (↓ 15.74%)
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New Listings: 586 (↓ 4.25%)
Whitby
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Avg Price: $961,292 (↓ 0.08%)
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Sales: 189 (↑ 9.88%)
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New Listings: 452 (↓ 10.67%)
Ajax
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Avg Price: $945,581 (↑ 5.56%)
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Sales: 107 (↓ 13.01%)
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New Listings: 260 (↓ 13.33%)
Pickering
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Avg Price: $1,014,107 (↑ 2.25%)
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Sales: 130 (↑ 4.00%)
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New Listings: 364 (↓ 1.89%)
Clarington
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Avg Price: $807,960 (↓ 3.56%)
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Sales: 144 (↓ 0.69%)
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New Listings: 388 (↓ 10.19%)
What’s Driving the Market?
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Tightening Inventory: Fewer new listings compared to May created more competition among buyers.
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Affordability Gains: Prices and interest rates remain below 2024 levels, improving buying power.
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Buyer Hesitation: Economic and political uncertainty continues to hold some demand at bay.
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Area Momentum: Whitby and Pickering saw strong price growth and steady activity, showing pockets of strength in Durham.
Looking Ahead
For Buyers:
The summer market is offering a unique window of opportunity. If you’ve been on the fence, now is the time to explore—especially before demand picks up again in late summer or early fall.
For Sellers:
Despite slower year-over-year sales, low inventory and motivated buyers can work in your favour. Homes in desirable locations with updated features are still moving quickly when priced right.
June reinforced the trend of slow and steady recovery across the GTA and Durham Region. With balanced conditions and improved affordability, both buyers and sellers can benefit—if they have 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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