💰 Deals in Plain Sight: Why July’s TRREB Numbers Spell Opportunity For GTA Buyers🏡

July 2025 saw the best sales numbers for the month since 2021, with 6,100 homes sold — up 10.9% year-over-year. Prices are still down 5.5% from last July, and affordability is improving as borrowing costs ease.

According to the Toronto Regional Real Estate Board (TRREB), 6,100 homes 🏠 changed hands in July 2025, marking a 10.9% jump compared to last year. While 17,613 new listings hit the market (up 5.7% year-over-year), sales climbed faster, creating a slight tightening in market conditions 🔄

💬 “I’m out there every day talking to buyers, and right now we’re finding homes that would have been out of reach a year ago — sometimes for tens of thousands less than their 2024 price. In some cases, we’re negotiating even better deals because sellers know buyers have options. This is the kind of market where the right strategy and timing can set you up for years to come.” – Subodh Sharma

Why This Market Is A Sweet Spot

📉 Affordability is improving thanks to lower prices and softer borrowing costs

🏘 More choice — listings are up but demand is catching up fast

⏳ Timing matters — market tightening could mean more competition soon

The average selling price in July was $1,051,719, down 5.5% from last year 💵. The MLS® Home Price Index fell 5.4% year-over-year. Month-over-month, prices held steady from June — a signal we may be near the bottom of the current price cycle.

For buyers, this combo of lower home prices 💲 + improved affordability 💳 is the opportunity many have been waiting for.

The numbers tell the story: more sales, more choice, and prices that are still well below last year’s peak. If you’ve been sitting on the sidelines waiting for the “right time,” this might be it.

💬 Thinking about buying? Let’s talk about where the real deals are hiding right now.