A market in transition
The Toronto Regional Real Estate Board’s June 2025 Market Watch shows a city that continues to shift in favour of buyers. While affordability has improved compared to last year, uncertainty in the economy is keeping many would-be purchasers on the sidelines.

In June, Greater Toronto Area REALTORS® reported 6,243 sales, a 2.4 per cent decline compared to June 2024. At the same time, new listings rose by 7.7 per cent year-over-year, reaching 19,839. More homes are coming to market, fewer are being sold as quickly, and the balance is giving buyers more choice.

Prices remain lower than last year
The average selling price in June was $1,101,691. This represents a 5.4 per cent decrease compared to the same month last year. The MLS® Home Price Index Composite benchmark was also down 5.5 per cent year-over-year.

On a month-over-month seasonally adjusted basis, both the average selling price and the benchmark edged slightly lower compared to May. In plain terms, prices have not yet stabilized.

Buyers are gaining leverage
The combination of increased listings and slower sales is providing buyers with negotiating power that has not been common in Toronto for years. Discounts off asking prices are happening more frequently, and conditions such as home inspections and financing clauses are reappearing in offers.

Affordability is also improving compared to 2024 thanks to lower borrowing costs. While the Bank of Canada has held its benchmark rate at 2.75 per cent since March, it has reduced rates gradually since early 2024. This has made mortgage payments more manageable for many households, although some remain cautious given broader economic concerns.

Sellers face a different reality
For sellers, the story is less optimistic. Inventory is building, buyers are selective, and pricing strategies matter more than ever. Homes that are competitively priced and well-presented are still moving, but those that aim for last year’s numbers are sitting longer and often require reductions.

The average time on market continues to stretch, with many listings being re-launched after price adjustments. Sellers who are realistic about today’s conditions are best positioned to achieve results, while those who hold out for yesterday’s prices may find themselves chasing the market downward.

Looking ahead
TRREB has noted that further interest rate cuts later this year could strengthen buyer confidence and bring more activity back to the market. At the same time, ongoing trade tensions and broader economic uncertainty continue to weigh on decision-making.

For now, the market remains in flux. Buyers have more choice, more time, and more leverage. Sellers, on the other hand, need to be strategic, realistic, and willing to adapt.

Why this matters for women
This shift is especially meaningful for women buyers. In past years, bidding wars and sky-high prices left many feeling shut out of the market. Today, conditions look very different. With inventory building and competition easing, women have the space to make confident, informed decisions. They can compare options, negotiate from a position of strength, and secure a home that supports both their independence and long-term financial stability.

Real estate has always been more than a transaction. It is an investment in your future. For women who have been saving, planning, and waiting for the right opportunity, 2025 offers something we have not seen in years: the chance to step into homeownership without the frenzy.

The bottom line
Toronto’s June numbers confirm that the market is tilting in favour of buyers. For women in particular, this is a moment to seize. Do not wait for perfect timing or a perfect partner. The key to your home and your independence may be within reach right now.