Real Estate Market August 2025

05 Sep Real Estate Market August 2025

Your August 2025 real estate market update is here! Covering Toronto, Oakville, Burlington, Hamilton and the surrounding areas.

Highlights of the real estate market from TREBB and RAHB

“August home sales reported by the Toronto Regional Real Estate Board (TRREB) were up on a year-over-year basis. Over the same period, home buyers benefitted from an even larger increase in the inventory of listings. Average selling prices continued to be negotiated downward due to the elevated choice across market segments.

Greater Toronto Area (GTA) REALTORS® reported 5,211 home sales through TRREB’s MLS® System in August 2025 – up by 2.3% compared to August 2024. New listings entered into the MLS® System amounted to 14,038 – up by 9.4% year-over-year. On a seasonally adjusted basis, August home sales edged lower month-over-month compared to July 2025. In contrast, new listings increased compared to July, reaffirming that buyers continue to benefit from a well-supplied market.

The MLS® Home Price Index Composite benchmark was down by 5.2% year-over-year in August 2025. The average selling price, at $1,022,143, was also down by 5.2% compared to August 2024. On a month-over-month seasonally adjusted basis, the MLS® HPI Composite and average selling price remained flat compared to July.

Over in Hamilton/Burlington – “For the second consecutive month, sales activity has improved compared to the same period last year. However, with 757 sales across Hamilton,
Burlington, Haldimand County, and Niagara North, levels remain over 30% lower than typical August figures.

“While overall sales remain significantly below the typical levels for August, it’s very encouraging to see an increase in year-over-year sales activity for the second month in a row,” says Nicolas von Bredow, Cornerstone spokesperson for the Hamilton-Burlington market area. “The rise in new listings has created a more balanced market, and with inventory levels still elevated, buyers are benefiting from lower home prices. As we move forward, we remain cautiously optimistic about a sustained market recovery, particularly due to ongoing buyer interest.”

The number of new listings rose to 1,601 in August, high enough relative to sales to keep the sales-to-new listings ratio low at 47%. Inventory levels trended down slightly over last month, which is consistent with seasonal trends. However, they did remain nearly 15% higher than last year’s levels and have not been this high for the month of August since 2011. In August, the unadjusted benchmark price was $754,000, down over last month and 10% lower than prices reported a year ago. Prices have mostly trended down since the second half of 2024 across the region.

Questions about buying or selling? Reach out anytime, I’d be happy to discuss the market with you!

All the latest home prices and statistics by property type and city below!

Sources for Real Estate Market Update for August 2025 : Toronto Regional Real Estate Board and Cornerstone Association of REALTORS®