Toronto Real Estate Market – August 2025

Real Estate Market Report | Toronto | August 2025

Toronto Balances on a Razor’s Edge

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August 2025 Toronto Real Estate Market: Key Trends, Sales & Inventory

Toronto MLS New Listings chart for July 2025, showing new supply trends with a 13% increase compared to the last five Julys, featuring data lines for 2021 to 2025.
Toronto MLS sales trend chart for July 2025, showing residential sales data with colored lines representing annual comparisons, highlighting a 1% decline in July sales demand.
Toronto MLS inventory chart for July 2025 showing total residential supply trends, highlighting a 48% increase compared to the last five Julys, with distinct lines representing inventory levels for 2021 to 2025.
Toronto MLS Month of Supply chart for July 2025, illustrating monthly supply trends in residential real estate, with data from 2021 to 2025, highlighting a 41% increase in supply.
Toronto MLS Benchmark chart showing residential price trends, with benchmark price at $965,000 and index values fluctuating from November 2020 to August 2025.

Toronto’s July market shows a stark disconnect between supply and buyer confidence. New listings surged 13% over the 5-year July average, but sales remained flat. Inventory ballooned 48%, and months of supply rose 41%. Prices dropped sharply — the benchmark fell 7.78% month-over-month to $965,000, down 3.94% from last year, underscoring a cautious environment.

Toronto's Detached Homes

Toronto detached new listings chart for July 2025 showing a 20% increase, with color-coded lines representing annual data from 2021 to 2025.
Toronto Detached Sales graph, showcasing sales trends from January to December 2025, with a highlighted 8% increase in July, contrasted against previous years' data for informed real estate decision-making.
Toronto detached inventory chart showing total supply trends from January to December 2025, with a notable 58% increase in July, alongside colored lines representing data from previous years.
Toronto detached homes month of supply chart, illustrating supply and demand trends from January to December 2025, with a notable 40% increase in July compared to previous years, featuring color-coded lines for each year.
Toronto detached home benchmark price chart, July 2025, showing a benchmark price of $1,522,200, with trends in sales and inventory data for the Toronto real estate market.

The detached segment defied broader trends with sales up 8% even as listings jumped 20%. Inventory grew 58%, but months of supply only rose 40%. Benchmark prices fell 4.20% month-over-month to $1,522,200, sitting 4.56% below July 2023, reflecting buyer pushback on price in this high-value segment.

Toronto's Condominums

Toronto condominium new listings graph for July 2025, showing a 7% increase, with color-coded lines representing data from 2021 to 2025, against a blue background.
Toronto condominium sales trend chart for July 2025, showing an 11% decline in sales compared to previous years, with colored lines representing sales data from 2021 to 2025 against a blue background.
Toronto condominium inventory chart illustrating a 42% increase in total supply from July 2024 to July 2025, with data trends from previous years 2021 to 2024.
Toronto condominium month of supply graph, showing trends from January to December 2025, with a notable 47% increase in July, compared to previous years, highlighting supply and demand dynamics.
Toronto condominium benchmark price trend chart, showing a decline to $594,100 in August 2025; blue line represents price index over time, yellow line indicates benchmark value.

Condos continue to feel the strain. Sales fell 11% while new listings rose 7%, pushing inventory up 42% and months of supply up 47%. Prices took a hit — down 6.42% from June and 8.56% year-over-year to $594,100 — marking the steepest declines across all segments.

Toronto's Attached Homes

Toronto semi-detached new listings trend chart, highlighting 20% increase in July 2025 compared to previous years, with data lines for 2021 to 2025.
Toronto semi-detached sales chart for July 2025, showing a 20% increase in sales demand, with colored lines representing annual trends from 2021 to 2025.
Toronto semi-detached inventory chart showing total supply trends from January to December 2025, indicating a 55% change compared to previous years, with color-coded lines for each year.
Toronto semi-detached month of supply chart showing trends from 2021 to 2025, highlighting changes in supply and demand, with a focus on July 2025 data.
Toronto semi-detached home benchmark chart showing price trends and index values from November 2020 to August 2025, highlighting a current benchmark price of $1,195,100.

This segment tells a different story: listings and sales both rose 20%, keeping months of supply relatively stable. While prices dipped 2.82% to $1,195,100, they’re only 0.95% below last year, suggesting semi-detached homes remain in demand despite broader market softness.

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