The Toronto Regional Real Estate Board (TRREB) has released its August 2025 housing market report, and the numbers reveal a story of shifting dynamics that both buyers and sellers in the Greater Toronto Area (GTA) should pay attention to.
Compared to last year, August showed modest growth in home sales, while inventory levels climbed even higher. This balance means buyers currently have more choice than ever, while sellers are seeing prices settle under negotiation pressure
GTA Home Sales: Slight Uptick Year-Over-Year
5,211 home sales were reported through TRREB’s MLS® System in August 2025. That’s up 2.3% compared to August 2024. However, on a seasonally adjusted basis, sales actually edged lower compared to July 2025.
What this tells us is that demand is steady, but many buyers remain cautious, watching how interest rates and economic conditions will play out in the coming months.
New Listings: More Supply, More Options
If you’re house hunting right now, you’re in luck.
14,038 new listings hit the market in August 2025.
That’s a 9.4% jump year-over-year.
More listings mean buyers can take their time to explore different options and negotiate better deals, while sellers face increased competition.
Home Prices: Holding Steady but Down Year-Over-Year
This august, affordability remains the biggest challenge.
The MLS® Home Price Index Composite benchmark was down 5.2% year-over-year in August.
The average selling price also landed at $1,022,143, down 5.2% from August 2024.
On a month-over-month, seasonally adjusted basis, prices stayed flat compared to July 2025.
Prices aren’t free-falling, but they’re softening enough to create opportunities for buyers ready to act.
What This Means for Buyers and Sellers in the GTA
For Buyers:
Now is a great time to shop around. With more listings on the market and prices negotiating downward, buyers have more leverage than they’ve had in recent years. If interest rates drop further, expect more competition to return quickly.
For Sellers:
Be prepared for longer days on market and more negotiations. Pricing strategically is key—homes that are well-presented and competitively priced are still moving, especially in desirable neighbourhoods.
The August 2025 GTA real estate market reflects a transitional period. Sales are steady, inventory is high, and prices are soft but stable.
If you’re planning to buy or sell, staying informed about the latest market data helps you make the right moves with confidence. Have a question? Let’s connect!