August 2025 GTA Real Estate Market Update | Regan Irish

The August 2025 GTA Real Estate Market Update reflects renewed momentum and affordability in Toronto, Oakville, Mississauga, Burlington, and Muskoka. Thanks to steady interest rates and appealing home prices, July proved surprisingly dynamic. Let’s dig into the numbers and what they mean for you.

Interest Rates Remain Stable — Affordability Fueling Activity

In July 2025, the Bank of Canada maintained its key rate at 2.75%, its third consecutive pause. With lower borrowing costs now more accessible, affordability is encouraging a wave of renewed buyer activity.

GTA Market Overview: Sales Surge, Prices Slightly Dip

• Home Sales: 6,100+ transactions region-wide, marking a 10.9% increase YoY and the strongest July since 2021.
• Month-over-Month: Seasonally adjusted sales rose 13% from June to approximately 5,744 units, the biggest monthly gain in nine months.
• New Listings: Up 5.7% YoY, totaling 17,613 new offers.
• Price Trends:
  • The MLS® Home Price Index (HPI) Composite Benchmark fell 5.4% YoY.
  • The average GTA selling price dropped 5.5% YoY to around $1,051,719.
  • Word on the street indicates the HPI drifted slightly lower—about $979,000, down 0.2% from June.

What It Adds Up To: Buyers are back in force—sales are outpacing new listings while prices softened, creating renewed market opportunities.

City Highlights

Toronto

A more balanced landscape—but some segments remain soft. Condos and detached homes see inventory rising; semis are steadier.

Oakville, Mississauga, Burlington & Muskoka

While TRREB doesn’t break down by city in these reports, regional trends suggest:

• Mississauga & Burlington: Strong rise in listings and dipping average prices give buyers leverage.
• Oakville: Stability in demand for luxury keeps discounts modest.
• Muskoka: Continued strong interest in sub-$2M waterfront properties should benefit from broader GTA momentum.

What This Means for You

• For Buyers:
  Renewed affordability, rising inventory, and favorable interest rates make August a prime time to move.
• For Sellers:
  A more balanced market—strategic pricing and quick response will be key to success.
• For Investors & Cottage Buyers:
  Strong July sales in the GTA point to increasing investor interest; Muskoka remains a high-value lifestyle and investment destination.

Work With the GTA Real Estate Experts

Whether you’re planning to buy a Muskoka cottage, invest in a luxurious Oakville property, or explore options across Toronto, Mississauga, or Burlington, now is the time to act.

Regan Irish & Associates specializes in luxury, resale, and investment properties across the GTA and Muskoka. Our market insight and negotiation skills help you get the best results—whether buying, selling, or investing.

 1320 Cornwall Rd Unit 103, Oakville, ON L6J 7W5
 905.842.7677
 Visit reganirish.com

 Let’s make today’s market your opportunity—contact us today!