Greater Toronto Area (GTA) Real Estate Shows Signs of Recovery

The Greater Toronto Area (GTA) real estate market is showing encouraging signs of recovery after months of adjustment. While home sales remain below peak levels, improving affordability, more balanced supply, and increased buyer confidence are helping to stabilize the market.

More Listings, More Choices

According to the Toronto Regional Real Estate Board (TRREB), new listings increased by 7.7% year-over-year. This means buyers now have more options to choose from, which eases pressure on prices and creates healthier market conditions.

Home Sales Trending Steadier

In June 2025, TRREB reported 6,243 home sales, a small 2.4% decline compared to the previous year. While sales numbers are slightly lower, the decline is less sharp than earlier in the year, suggesting that activity is starting to stabilize.

Prices Moderating but Affordable

The average GTA home price stood at $1,101,691, down about 5.4% year-over-year. Lower prices, combined with softer borrowing costs, are making homeownership slightly more affordable for first-time buyers and families considering moving.

Signs of Renewed Confidence

Industry experts believe that the GTA real estate market is beginning to correct itself. With more balance between buyers and sellers, confidence is slowly returning. If borrowing conditions continue to improve, the region could see stronger momentum heading into 2026.

Key Takeaways

• More listings = healthier market balance.
• Home sales are stabilizing, with only a small decline year-over-year.
• Prices have softened, improving affordability.
• Confidence is returning to the GTA housing market.

Conclusion

The GTA real estate recovery is gradual but promising. While the market is not back to peak activity, the trends show more balance and improved conditions for both buyers and sellers. For investors and homeowners, now may be the right time to re-evaluate opportunities in Toronto’s housing market.

Sources

• Toronto Regional Real Estate Board (TRREB) – Market Watch
• RSM Real Economy – Ontario, B.C. home prices fall (for now)