June 2025 Real Estate Market Update: Summer Trends Emerging in the Greater Toronto Area

As we step into June, the Greater Toronto Area (GTA) real estate market is showing signs of the seasonal summer momentum—but with a twist. While the warmer months traditionally bring increased buyer activity, the dynamics in June 2025 reflect the new realities of a market still adjusting post-rate cuts, with varying impacts across the region.

Here’s a look at what’s happening right now and what trends we’re seeing emerge as the summer market heats up.

Buyer Confidence is Returning… Cautiously

Following multiple interest rate cuts in early 2025, buyer sentiment is gradually improving, especially among first-time buyers and move-up buyers who had previously hit pause. However, this isn’t a return to the frenzied pace of the 2021–2022 boom.

• Well-priced, turnkey properties are attracting serious attention and offers within days.

• Buyers remain value-conscious and are negotiating more, particularly on listings with longer days on market or dated interiors.

Sellers Are Realigning Expectations

We’re seeing a continued shift in seller strategy. With the spring market not delivering bidding wars across the board, many sellers are adjusting pricing strategies heading into June.

• Relistings with price reductions are becoming more common.

• Homes priced realistically from the outset are moving faster and with fewer conditions.

• Some areas (especially suburban or oversupplied pockets) are showing longer average days on market.

Suburban Demand Holding Strong

Markets outside the downtown core — such as Halton, Peel, Durham, and parts of York Region — remain competitive, especially for townhomes and detached homes under the $1.2M mark.

Families are still drawn to more space, good schools, and community lifestyle — with towns like Milton, Whitby, and Vaughan continuing to see steady interest.

Investors & Renters Watching Closely

With rental demand high and condo price growth relatively flat, investors are re-entering the market, targeting units in transit-connected areas like Etobicoke, Scarborough, and North York.

Renters are also exploring their options as rents hold near record highs, and more are considering longer-term purchases to gain stability and equity.

Key Stats to Watch (May 2025 Data)

Note: June data will be released mid-month by TRREB

• Average GTA home price: $1,103,000 (down 2.5% year-over-year, stable month-over-month)

• Sales volume: Up 6% from April, signaling stronger buyer activity

• Active listings: Slightly higher, giving buyers more choice and leverage

Looking Ahead: What Can We Expect This Summer?

☀️ Balanced Market Conditions: We’re in a more balanced phase — not quite a buyer’s market, but no longer favouring sellers universally either.
💰 Opportunities for Strategic Buyers: With more listings on the market and flexible sellers, this is a great time for buyers who are pre-approved and decisive.
📦 Relocations & Upgrades: Summer is the season for life transitions — expect continued movement from growing families, downsizers, and investors alike.

📞 Thinking of Buying or Selling? Let's Talk Strategy

Whether you’re navigating your next home purchase, planning to list, or simply wondering how market trends impact your real estate goals — my team and I are here to help. We offer local insight across the GTA including Toronto, Hamilton, Halton, Niagara, and Ottawa.

Here’s to a confident and informed real estate summer!
Let’s make your next move the right one.

— Ana Bastas & Team