July 2025 Housing Market Stats: Positive Trends You Need to Know as Optimism Returns

The July 2025 housing market is showing signs of renewed optimism across Toronto and the GTA! 📈

Ciao! Welcome to a new episode of Building Wealth Through Real Estate...Brick by Brick with me, Nico James-Bock, Founder of The CondoWiz™ Group and Broker at Keller Williams Co-Elevation Realty in Toronto.  

In this episode, I break down the latest TRREB Market Stats, share insights from Sherry Cooper’s expert analysis, and review CREA’s national numbers—all pointing to positive trends buyers, sellers, and investors need to watch closely.

✅ Where prices and sales are heading this summer
✅ Why inventory shifts are bringing balance back
✅ How national and local stats align for a brighter outlook

Whether you’re planning to buy, sell, or invest, these insights will help you stay ahead of the curve in today’s evolving market.

👉 Don’t forget to subscribe for more updates on how to build wealth through real estate, brick by brick.

Ciao ciao

Transcript

The July 2025 housing market stats are in, and there are finally some positive trends to celebrate as optimism returns. My name is Nico James Block, broker at Keller Williams Coelevation Realty in Toronto and founder of the Condowiz Group.

In this episode of Helping You Build Wealth Through Real Estate.... Brick by Brick, I’ll walk you through the key features of the July stats, where things are headed, and what it all means for buyers, sellers, and investors.

We ended July on a high note, and as of mid-August, that momentum is continuing. Toronto sales are up 35.5% since March, and transactions are up 11.2% year-over-year. Activity in the GTA is rising, though still below historic highs. Nationally, sales increased 3.8% month-over-month in July—the fourth consecutive monthly gain since April. This steady upward trend suggests the long-awaited post-inflation pickup has arrived.

The average GTA home price in July was $1,051,719, down 5.5% year-over-year—fairly typical for a summer market. Nationally, the benchmark price for all housing types, including condos, was $688,700, a 3.4% decrease compared to last year, but a smaller drop than we saw in June. Prices are stabilizing, affordability is improving, and sales are strengthening: 6,100 homes sold in July, up 10.9% from July 2024. Listings also rose 5.7% to 17,613.

Buyers who had been waiting on the sidelines earlier this year are re-entering the market, taking advantage of opportunities their realtors bring forward. Sales and listings growth are tightening market conditions. The sales-to-new-listings ratio rose to 52%, and national inventory sits at 4.4 months—below the long-term average, and moving toward a more balanced market.

At the start of 2025, we were deep in buyer’s market territory. Some condo segments still lean that way, but overall the market is trending toward balance, where neither side has the clear advantage. A seller’s market typically sits below 3.5 months of inventory, while a buyer’s market is above 5.5 to 6 months. At 4.4 months, the national market is positioned well for both buyers and sellers.

The Bank of Canada held its rate steady at 2.75% on July 30—the third hold after seven consecutive cuts. Inflation is near 2%, unemployment is down to 6.9% from 8% late last year, and one more rate cut remains possible before year’s end. The Canadian dollar has strengthened, long-term rates are trending down, and GDP growth remains healthy. The next rate announcement is scheduled for September 17.

The key takeaways:

• A housing rebound is clearly underway across Canada, from BC to the Maritimes.
• Affordability is improving, and prices are stabilizing after last year’s volatility.
• Market balance is tightening as sales outpace listings.
• The Bank of Canada remains cautious, but further cuts could come in 2025.

Nationally, 202,500 properties were listed in July, up 10.1% year-over-year, showing renewed activity. Buyers are returning ahead of the fall surge, which typically peaks in October. For buyers, this means greater affordability now, but rising competition ahead. Expect more multiple-offer situations in the coming months.

For sellers, conditions are tightening, so pricing, staging, and presentation are critical. With fewer homes available relative to buyer demand, well-prepared properties will attract strong attention.

For investors, improving momentum and the potential for further rate cuts make late 2025 and early 2026 promising. While rents have dipped and incentives increased, this is likely temporary. As the market strengthens, rents and demand should recover.

Looking ahead, the winter market will still be slower, but possibly more active than usual. Spring 2026—the busiest season—will be one to watch. External factors, particularly U.S. policy decisions, will play a role, but Canadian leadership has positioned our market well for continued recovery.

If you found this episode helpful, please like, share, and leave a comment. I’d love to hear your thoughts on the market and your plans for the months ahead. You can find my contact information on my Linktree and in the show notes.

Ciao, ciao 👋🏼

thecondowiz@gmail.com