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Toronto Real Estate Board July MLS sale statistics:
- GTA single family home sales including condominiums 6100.
- Volume - up 10.9%, compared to July 2024 - 5498 sales.
- Volume - down 2% sales compared to June 2025 - 6243 sales.
- Average price of a GTA single family home - $1,088,166.
- Down 0.028% from 2024's average price of - $1,120,250.
(The GTA is Burlington to Clarington, Lake Ontario to Lake Scugog)
“Recent data suggest that the Canadian economy is treading water in the face of trade uncertainty with the United States. A key way to mitigate the impact of trade uncertainty is to promote growth in the domestic economy. The housing sector can be a catalyst for growth, with most spin-off expenditures accruing to regional economies. Further interest rate cuts would spur home sales and see more spin-off expenditures, positively impacting the economy and job growth,” 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.
- July 2025 15-40% 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 July 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".
- The Bank of Canada held the interest rate at 2.75%.
- New listings decreased in July from June's peak at 31,600 listings to 30,215 listings.
- Listing levels remain at record highs.
July Average Prices:
| Detached 416 : $1,572,832 |
Detached 905: $1,294,424 |
| Semi-detached 416 : $1,242,388 |
Semi-Detachec 905: $894,094 |
| Townhouse 416 : $920,197 |
Townhouse 905: $829,332 |
| Condo 416: $684,257 |
Condo 905: $590,004 |
|
|
|
|
|
1987
|
$189,105
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2006
|
$351,941
|
|
1988
|
$229,635
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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
|
$1,120,250
|
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