Column Toronto Real Estate Brokerage Royal LePage RES Ltd/Johnston and Daniel Division Toronto REALTORS® Louise Dodd and Jason Dodd
Column Middle Toronto REALTOR® Louise Dodd Toronto REALTOR® Jason Dodd Toronto Real Estate Services Toronto Real Estate for Sale Previous Toronto Real Estate Sales Toronto Real Estate Information and Other Information

June Real Estate Market

Toronto Real Estate Board June MLS sale statistics:

  • GTA single family home sales including condominiums 6243.
  • Volume - down 2.4%, compared to June 2024 - 6397 sales.
  • Volume - up 12 sales compared to May 2025 - 6231 sales.
  • Average price of a GTA single family home - $1,095,578.
  • Down 0.02% from 2024's average price of - $1,120,306.

(The GTA is Burlington to Clarington, Lake Ontario to Lake Scugog)

“A firm trade deal with the United States accompanied by an end to cross-border sabre rattling would go a long way to alleviating a weakened economy and improving consumer confidence. On top of this, two additional interest rate cuts would make monthly mortgage payments more comfortable for average GTA households. This could strengthen the momentum experienced over the last few months and provide some support for selling prices,” 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.
  • June 2025 20-45% 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 June 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". A few with "bully offers".
  • Active listings at 25,018 are at their highest level in over a decade.
  • This number represents a 137% increase compared to 5 years ago.
  • The small condominium apartment market - one bedroom and one bedroom plus den units remains soft.

June Average Prices:

Detached 416 : $1,641,868 Detached 905: $1,392,033
Semi-detached 416 : $1,278,434 Semi-Detachec 905: $925,168
Townhouse 416 : $957,605 Townhouse 905: $846,121
Condo 416: $731,232 Condo 905: $630,156

Average GTA Prices 1987 to 2024

1987
$189,105
2006
$351,941
1988
$229,635
2007
$376,236
1989
$273,688
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
2016
$729,837
1998
$216,815
2017
$822,572
1999
$228,372
2018
$787,865
2000
$243,255
2019
$819,279
2001
$251,508
2020
$929,636
2002
$275,231
2021
$1,095,475
2003
$293,067
2022
$1,190,749
2004
$315,231
2023
$1,126,263
2005
$335,907
2024
$1,120,306
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