Courtesy of Amir Baxaria

Use City of Toronto Numbers

GTA REALTORS ® Release June Stats

$1,641,868 detached DOWN 6.6% year-to-year

$731,232 condo/apartment DOWN 4.2% year-to-year

$827,936 condo/townhouse DOWN 7.2% year-to-year

AVERAGE SALE PRICES

2,319 SOLD LISTINGS 7,053 NEW LISTINGS

detached 2,096

507 condo/town.

34.3% SALES TO NEW LISTING RATIO

26 DAYS ON MARKET

4.6 MONTHS OF INVENTORY

11,736 ACTIVE LISTINGS (residential inventory)

“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. Statistics reflect market activity in June 2025 | Source: TRREB ® Toronto Regional Real Estate Board | Market values stated are average prices. Individual home market values will vary and are affected by factors such as location, size, interior and exterior condition. Please call to get an up-to-date evaluation of your home.

GTA REALTORS ® , July 4, 2025 - Ownership housing affordability continued to improve in June 2025. Average selling prices and borrowing costs remained lower than last year’s levels. However, despite some month-over-month momentum, many would-be homebuyers remained on the sidelines due to economic uncertainty. Greater Toronto Area (GTA) REALTORS ® reported 6,243 home sales through TRREB’s MLS ® System in June 2025 – down by 2.4 per cent compared to June 2024. New listings entered into the MLS ® System amounted to 19,839 – up by 7.7 per cent year-over-year.

Oh by the way... I am never too busy for any of your referrals.

| rltramir@yahoo.com

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