09/05/2025
📊 Toronto Real Estate Market Update – August 2025
I hope you had some time to rest and reflect this summer. 🍃
As kids head back to school and the weather starts to cool, let’s take a look at what happened in the real estate market this August:
✅ Sales: 5,211 homes sold through TRREB MLS, up 2.3% vs. August 2024.
✅ New Listings: 27,495 homes available, up 22.4%.
✅ Prices: Average price $1,022,143 – down 5.2% year over year.
✅ Market: Over 5 months of inventory → firmly a buyers’ market.
✅ Condos: 1,400–1,500 sales monthly, but oversupply keeps prices down 4.2% year over year.
🔎 More choice = more negotiating power for buyers. Even with lower borrowing costs, TRREB notes further relief is needed to get more buyers off the sidelines.
💡 The key right now? Reading between the lines to find great opportunities. And that’s where I can help. Whether buying, selling, or investing, let’s connect and make the market work in your favor.
📲 DM me anytime to start the conversation.