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Toronto Home Sales Increased in July as Prices Continue Steady Decline

GREATER TORONTO AREA, ONTARIO, CANADA, AUG 6 – Greater Toronto Area home sales rose nearly 11% in July 2025 amid a 5.5% price drop and a 5.7% increase in new listings, improving affordability, Toronto Regional Real Estate Board said.

  • Home sales in Toronto increased 13% in July compared to June, continuing an upward trend that began in April.
  • The home price index, which excludes the most expensive transactions, dropped by 0.2% from June to July, as part of a steady decline from last year.
  • Improved affordability due to lower home prices and borrowing costs is leading to increased home sales, according to the Toronto Regional Real Estate Board president.
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The Hamilton Spectator broke the news in Hamilton, Canada on Wednesday, August 6, 2025.
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