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Toronto Real Estate Board August MLS sale statistics:
- GTA single family home sales including condominiums 5211.
- Volume - up 2.3%, compared to August 2024 - 5092 sales.
- Volume - down 14% sales compared to July 2025 - 6083 sales.
- Average price of a GTA single family home - $1,080,118.
- Down 0.035% from 2024's average price of - $1,120,266.
(The GTA is Burlington to Clarington, Lake Ontario to Lake Scugog)
“A household earning the average income in the GTA is still finding it challenging to afford the monthly mortgage payment associated with the purchase of an average priced home. This is even with lower borrowing costs and selling prices over the past year. Further relief in borrowing costs would see an increased number of buyers move off the sidelines to take advantage of today’s well-supplied market,” said TRREB Chief Information Officer Jason Mercer.
We track MLS sales daily.
- November 2016 to May 30th 2017, 90% of central district properties sold over asking price.
- August 2025 10-50% of central district properties sold for over asking price daily. (Based on district.)
(Central districts cover the Lake to York Mills, and the Humber River to Victoria Park.)
The August residential resale market was mixed and a buyer's market
- Some properties remain unsold after months or even two years.
- Some under priced or reasonably priced homes sold in "bidding wars".
- On September 17, the Bank of Canada will decide whether or not to cut the interest rate.
- Inventory has pulled back from the June peak of more than 31,000 active listings to 27,495, a 13% decline.
August Average Prices:
| Detached 416 : $1,524,066 |
Detached 905: $1,312,240 |
| Semi-detached 416 : $1,131,498 |
Semi-Detachec 905: $896,407 |
| Townhouse 416 : $915,511 |
Townhouse 905: $846,289 |
| Condo 416: $667,660 |
Condo 905: $594,801 |
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|
1987
|
$189,105
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2006
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$351,941
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1988
|
$229,635
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2007
|
$376,236
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|
1989
|
$273,688
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2008
|
$379,347
|
|
1990
|
$255,020
|
2009
|
$395,460
|
|
1991
|
$234,313
|
2010
|
$431,276
|
|
1992
|
$214,971
|
2011
|
$465,014
|
|
1993
|
$206,490
|
2012
|
$497,130
|
|
1994
|
$208,921
|
2013
|
$522,958
|
|
1995
|
$203,028
|
2014
|
$566,624
|
|
1996
|
$198,150
|
2015
|
$622,120
|
|
1997
|
$211,307
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2016
|
$729,837
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1998
|
$216,815
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2017
|
$822,572
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1999
|
$228,372
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2018
|
$787,865
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2000
|
$243,255
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2019
|
$819,279
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|
2001
|
$251,508
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2020
|
$929,636
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|
2002
|
$275,231
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2021
|
$1,095,475
|
|
2003
|
$293,067
|
2022
|
$1,190,749
|
|
2004
|
$315,231
|
2023
|
$1,126,263
|
|
2005
|
$335,907
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2024
|
$1,120,266
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