Inventory Soars to Record Highs
The Greater Toronto Area (GTA) real estate market in June 2025 remained stuck in the same pattern we’ve seen throughout the spring: high inventory, sluggish sales, and a firmly entrenched buyer’s market.
GTA Real Estate Key Market Highlights
Home Sales: 6,243 Units (Down 2.4% YoY)
Nearly identical to May 2025 and just 2.4% lower year-over-year. While this hints at a more stable pace of buyer activity, it also signals that momentum remains weak.
New Listings: 19,839 Units (Up 7.7% YoY)
Slightly down from May 2025 but nearly 8% up year-over-year in seller activity.
Active Listings: 31,603 Units (Up 30.8% YoY)
Total active inventory surged to 31,603 units, setting yet another historical record.
Average Selling Price: $1,101,691 (Down 5.4% YoY)
The average selling price dipped by $20,000 compared to May 2025, but still held firm at around $1.1 million. This marks the 12th consecutive month of prices fluctuating within a narrow $30K range around $1.1M—showcasing seller resilience despite market pressure.
Average Days on Market: 42 Days (Up 40% YoY)
Average property’s days-on-market continues to rise, now averaging 42 days, nearly two weeks longer than the same time last year. This indicates sellers are willing to wait longer to sell rather than accept steep discounts.
Months of Inventory: 5.1 Months
All property types are now sitting at their record inventory level. With the condo market being the most extreme, now approach 8 months of supply.
Townhouses and detached homes just below 5 months of inventory, still much higher than historial average. To put this in perspective, the current condo inventory is about triple compared to June of 2015, detached homes quardrupled, and townhouses surged 7x!
This incredible flood of listings is clear demonstration of sellers’ urge to get rid of their home, yet most are still very price sensitive and not under immediate financial pressure.
GTA Real Estate Market Outlook:
This is one of the most buyer-favorable markets the GTA has seen in a decade.
For end-users
This is a great time to shop without pressure. Take your time to understand your needs, compare similar homes, and make offers based on real recent sales. You may see some small discounts compared to past sales if you look hard enough, but don’t expect a flash sale just yet.
For sellers
The timing of a market rebound depends on how quickly buyers return—and how aggressively competing listings are priced. If you need to sell soon, your pricing strategy must reflect today’s conditions, not past peak values.
Published on: 2025-07-18
Read More:
GTA Real Estate Market Watch May 2025
GTA Real Estate Market Watch April 2025
GTA Real Estate Market Watch March 2025
GTA Real Estate Market Watch February 2025
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