"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.
“The GTA housing market continued to show signs of recovery in June. With more listings available, buyers are taking advantage of increased choice and negotiating discounts off asking prices. Combined with lower borrowing costs compared to a year ago, homeownership is becoming a more attainable goal for many households in 2025,” said Toronto Regional Real Estate (TRREB) President Elechia Barry-Sproule."**
To access the full report, click here: https://trreb.ca/market-data/market-watch/
If you would like more details or are curious to see what your home is worth, looking to Buy, Sell or Invest in 2025, please call us at 📞416-806-9225.
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** Source: Toronto Regional Real Estate Board (2025)
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