Listings Surge. Prices Dip. Is a Market Shift Underway?

The latest numbers are in—and they’re making waves in the Greater Toronto Area (GTA) housing market. June’s stats reveal a cooling market, but beneath the surface, some interesting shifts are happening.

Let’s break it down 👇

🚨 GTA Real Estate Snapshot – June 2025

📊 Home Sales:
Down 2.4% year-over-year → 6,243 homes sold

🏡 New Listings:
Up 7.7% → 19,839 properties listed

💰 Average Selling Price:
Down 5.4% → $1,101,691

📦 Inventory:
Up 30.8% → 31,603 active listings

📈 But Wait… Is a Market Comeback Brewing?

Here’s what most headlines aren’t telling you:

➡️ June sales jumped 8.1% compared to May—a possible sign of buyers creeping back into the market.

➡️ Earlier in spring, sales were way down—April saw a 23% plunge and May dropped 13%. June’s smaller decline hints at stabilization.

➡️ Buyers are finally flexing their bargaining muscles. With more listings and less competition, many are scoring deals below asking.

💬 “More inventory means more choice and better negotiation power for buyers,” says TRREB President Elechia Barry-Sproule.

⚠️ Storm Clouds Still Linger

Despite some positive signs, the market isn’t out of the woods just yet.

🌐 Trade tensions between Canada & the U.S. are shaking confidence.

📉 Many agents describe this as the toughest market they’ve ever seen.

🏦 Interest rates remain a key wildcard. TRREB’s Chief Market Analyst says that two more Bank of Canada rate cuts—plus a solid trade deal—could help reignite the market.

🎯 What Does This Mean for YOU?

Here’s the real talk:

🏡 Buyers:

✔️ More homes to choose from
✔️ Greater negotiation power
✔️ Prices softening slightly

If you’ve been waiting on the sidelines—this might be your moment.

🏠 Sellers:

✔️ Competition is heating up
✔️ Be ready for longer days on market and sharper pricing strategies
✔️ Expect buyers to ask for discounts

🔮 What Happens Next?

🚨 The next big moment to watch: July 30, when the Bank of Canada announces its next rate decision.

That move could shape mortgage rates—and the entire housing market—for the rest of 2025.

✅ Bottom Line:

The GTA market is shifting.
Sales are still slower than last year, but more listings, more active buyers, and softer prices hint at a changing tide.

📊 Whether this becomes a full-on rebound depends on:

• Mortgage rates

• Trade deals

• Consumer confidence

Stay tuned—this summer could get interesting.