![\"\"](\"https:\/\/hanhomesoldrealty.com\/wp-content\/uploads\/2025\/08\/English-1-July-2025-1.jpg\" "\\"\\"")
<\/figure>\n\n\n\nGTA Real Estate Key Market Highlights<\/h2>\n\n\n\n
Home Sales:<\/strong>\u00a06,100 Units (Up 10.9% YoY) New Listings:<\/strong>\u00a017,613 Units (Up 7.7% YoY) Active Listings:\u00a0<\/strong>30,215 Units (Up 26.2% YoY) Average Selling Price:\u00a0<\/strong>$1,051,719 (Down 5.5% YoY)\u00a0 Average Days on Market:\u00a0<\/strong>41 Days (Up 13.9% YoY)\u00a0 Months of Inventory:\u00a0<\/strong>5.0 Months A False Sense of Recovery<\/strong> Key signs of the current market:<\/strong> Advice for Buyers:<\/strong> Advice for Sellers:<\/strong> If you’re still asking: \u201cShould I sell right now?\u201d It probably means you don\u2019t have to \u2014 And in that case, I\u2019d say: Don\u2019t sell. So \u2014 If you can wait, then wait. If you can’t wait, price it to sell. Don\u2019t wear yourself out fighting the market.<\/p>\n\n\n\n Published on: 2025-08-12<\/p>\n\n\n\n GTA Real Estate Market Watch\u00a0June 2025<\/a><\/p>\n\n\n\n
The Good News: Sales Up 10.9%. 6,100 homes were sold in July \u2014 slightly below June\u2019s 6,243 but still up 10.9% year-over-year.
Given that market typically slows down in July, this seasonally adjusted pump in sales is a sign that some buyer and sellers are slowly coming to terms on the price, but overall demand is still low.<\/p>\n\n\n\n
New listings decline, but the market still haven’t resolve existing inventory.
New listing in July dropped by ~2,200 compare to June.<\/p>\n\n\n\n
Active listings still exceeded 30,000, 26% higher than last year.\u00a0<\/p>\n\n\n\n
Psychological Threshold Broke: \u00a0Average selling price dropped to $1,051,719 \u2014 The first time in 12 months that prices fell into the $1.05M range. Down nearly $50,000 from June and 5.5% lower year-over-year.
Condos were hit hardest, with average prices falling to $677,057, the lowest in nearly two years.<\/p>\n\n\n\n
Time on Market Remains Long. Homes now take 41 days to sell on average \u2014 five days longer than last year, though one day shorter compared to June. The stalemate between buyers and sellers continues.<\/p>\n\n\n\n
Total months of inventory remained at 5.0 months, squarely in buyer\u2019s market territory.<\/p>\n\n\n\n![\"\"](\"https:\/\/hanhomesoldrealty.com\/wp-content\/uploads\/2025\/08\/English-2-July-2025.jpg\" "\\"\\"")
<\/figure>\n\n\n\nMarket Outlook<\/strong><\/h2>\n\n\n\n
Despite many other headlines screaming a rebound is ahead, the market confidence is by no means on the uptick. This climb in sales volume has reflects that some sellers and buyers are finally coming to terms on the price, which is lower than the listing.<\/p>\n\n\n\n
1. Inventory remains well above the 10-year average
2. Prices have dropped over 20% from the 2022 peak
3. What\u2019s really shifting? Sellers are more desperate than buyers<\/p>\n\n\n\n
This is a rare window for nitpicking. Ample inventory means more choice and stronger negotiating power \u2014 But don\u2019t waste time chasing the \u201cperfect bottom.\u201d Focus on value, not timing.\u00a0<\/p>\n\n\n\n
The market hasn\u2019t turned. Waiting for a price rebound is wishful thinking.
Homes that are selling now are those where sellers have realistically adjusted their prices to become the lowest among similar listings.<\/p>\n\n\n\n
Because unless you’re fully prepared to face the real market price, listing your home now only means joining over 30,000 other properties\u2026competing, undercutting, and ultimately collect dust on the shelf.<\/p>\n\n\n\nRead More:<\/h2>\n\n\n\n