The Toronto Regional Real Estate Board (TRREB) has released its August 2025 housing data, highlighting a market adjusting to higher supply and shifting dynamics for those buying a home. More listings are entering the system, giving purchasers greater choice and leverage. Sellers face a more competitive environment that calls for realistic pricing and strong marketing strategies.
Seeking more insights about buying real estate in Toronto? Consider these related readings.
- How to Buy a Privately Listed Home
- How to Buy Another House While Owning a House
- How to Make an Offer on a House
A total of 5,211 sales were reported through the MLS system, a 2.3% increase over last year. New listings rose 9.4% to 14,038, while active listings climbed 22.4% to 27,495. This pushed inventory to 5.28 months, providing buyers with more time, options, and negotiating power.
The average selling price in the GTA was $1,022,143, down 5.2% year-over-year and 2.8% from July. The MLS Home Price Index (HPI) Composite Benchmark fell 5.15% across the GTA and 2.95% in Toronto. Homes are taking longer to sell, averaging 33 days on market, and are trading at 97% of the list price. Most activity—just under 70%—remained in the $600,000 to $1.5 million range, with only 5.1% of sales exceeding $2 million.
Detached homes led all categories, accounting for 46.3% of transactions. Condo apartments accounted for 26.3% of sales, followed by townhomes at 17.8% and semi-detached homes at 8.5%.
Here’s the average price by property type:
- Detached: $1,312,240 (↓7.5% YoY / ↓3.6% MoM)
- Semi-detached: $980,102 (↓4.2% YoY / ↓5.9% MoM)
- Townhomes: $860,178 (↓3.8% YoY / ↑1.3% MoM)
- Condo apartments: $642,195 (↓5.0% YoY / ↓1.4% MoM)
For September, activity is expected to pick up with more listings coming to market and buyers re-engaging after the summer. Conditions will create opportunities, but the key will be preparation: understanding the numbers, setting the right expectations, and having a clear plan.
For over 40 years, our clients have trusted us to minimize risk, offer unbiased opinions, and ensure their best interests are served. Contact us today to talk about your needs. Email us at info@christensengroup.ca or call 416-722-4723.
