August 2025 home sales were up on a year-over-year basis.

September 4, 2025

executive home sales

August

home sales reported by the Toronto Regional Real Estate Board (TRREB) were up on a year-over-year basis. Over the same period, homebuyers benefitted from an even larger increase in the inventory of listings. Average selling prices continued to be negotiated downward due to the elevated choice across market segments. {  economy slowing, impact of tariffs.}

Greater Toronto Area (GTA) REALTORS® reported 5,211 home sales through TRREB’s MLS® System in August 2025 – up by 2.3 per cent compared to August 2024. New listings entered into the MLS® System amounted to 14,038 – up by 9.4 per cent year-over-year.

On a seasonally adjusted basis, August home sales edged lower month-over-month compared to July 2025. In contrast, new listings increased compared to July, reaffirming that buyers continue to benefit from a well-supplied market.

The average selling price, at $1,022,143, was also down by 5.2 per cent compared to August 2024. Some MLS districts saw much larger declines in price then others.
  On a month-over-month seasonally adjusted basis, the MLS® HPI Composite and average selling price remained flat compared to July.