August GTA Housing Market: More Listings, Modest Sales Growth
August home sales in the GTA saw a small bump compared to last year, but buyers had even more listings to choose from. With so much supply, sellers are still negotiating prices down.
TRREB reported 5,211 sales in August 2025 (up 2.3% from last year) and 14,038 new listings (up 9.4%). Month-to-month, sales dipped a bit from July, while listings climbed, keeping the market buyer-friendly.
TRREB’s president noted that lower inflation and possible Bank of Canada rate cuts could make housing more affordable and give the market an extra boost.
