The latest numbers from the Toronto Regional Real Estate Board are in—and they tell a clear story: we’re in a shifting market, and strategy is more important than ever.

Here’s what happened in June 2025:

• The average selling price across the GTA was $1,101,691, which represents a 5.4% decline from June 2024.

• 6,243 homes sold, a slight 2.4% dip year-over-year.

• New listings climbed to 19,839, an increase of 7.7%.

• Active listings surged to 31,603, up 30.8% compared to last year.

• Homes are now taking an average of 42 days to sell—40% longer than this time last year.

So what does this all mean?

Simply put, buyers are in the driver’s seat. With more listings available, fewer bidding wars, and longer timelines, there’s room to explore options and negotiate more effectively. That’s a significant shift from the fast-paced, seller-favoured conditions of the past few years.

For sellers, the path to a successful sale now hinges on strong preparation. Pricing accurately, presenting the home well, and having a clear marketing strategy are non-negotiable. With more homes on the market, it’s crucial to stand out—because buyers have options, and they’re taking their time.

The good news? While prices have adjusted slightly, we’re still seeing a stable level of activity. The market isn’t crashing—it’s correcting. And that opens the door for more balanced, thoughtful transactions on both sides.

If you’re thinking about buying, this is a smart time to make a move while competition is lower and rates are holding steady. If you’re selling, the right approach can still get you a great result—you just need to be intentional about it.

Have questions about your next step? Let’s talk. Timing and strategy matter more than ever in a market like this.