📣 𝐍𝐄𝐖𝐒𝐅𝐋𝐀𝐒𝐇! Here are the real estate market stats you need to know for June 2025 vs. 2024 home sales in Toronto, Mississauga, Oakville, Burlington.
Fewer homes were sold in June compared to the same time in 2024, while new listings were up nearly 8% year over year across TRREB regions. Buyer’s market conditions continue across most areas of the GTA, creating an opportune time for purchasers across home types.
📝 𝗛𝗲𝗿𝗲 𝗮𝗿𝗲 𝗼𝘂𝗿 𝗸𝗲𝘆 𝘁𝗮𝗸𝗲𝗮𝘄𝗮𝘆𝘀 𝗼𝗻 𝘁𝗵𝗲 𝗺𝗼𝗻𝘁𝗵 𝗼𝘃𝗲𝗿 𝗺𝗼𝗻𝘁𝗵 𝗮𝗰𝘁𝗶𝘃𝗶𝘁𝘆 𝗯𝗲𝘁𝘄𝗲𝗲𝗻 𝗠𝗮𝘆 𝗮𝗻𝗱 𝗝𝘂𝗻𝗲 𝟮𝟬𝟮𝟱:
◼️ Toronto’s average detached home values were down 6.6% compared to last year, consistent with the average percentage drop over the past three months (as compared to 2024), and down $60,000 month over month. Semi-detached homes, condo towns, and condo apartments remained flat from the month prior. The most significant dip was in freehold towns, down 11% year over year and $100,000 month over month.
◼️ Mississauga’s average detached home value was down 7.1% compared to last year, while remaining flat month over month. Semi-detached homes, condo towns, and condo apartments also held steady from the month prior. Ironically, like Toronto, freehold towns were the only category with a notable month-over-month decline—down $70,000—and down 8.9% year over year.
◼️ Oakville was the only area in our report where average detached home values were up over last year, showing a 4.2% increase, with prices also slightly up from the month prior. Semi-detached home values were up slightly year over year, while the average price rose $75,000 month over month. Freehold townhouses and condo apartments were flat compared to last month (though condo apartment prices were up year over year — great to see in the condo sector). Condo townhouses were down year over year but up $50,000 month over month.
◼️ Burlington detached home values are up $100,000 from the month prior, which is good news after three months of downward trends. Still, the average detached home price in Burlington is down 6.5% compared to last year, a slightly larger drop than in Mississauga or Toronto. Semi-detached homes rose month over month by nearly $80,000. Freehold towns and condo towns are both down year over year and flat month over month. Condo apartments saw a sharp decline from May, down $140,000, marking the largest year-over-year category drop at nearly 12%.
𝘞𝘢𝘯𝘵 𝘵𝘰 𝘬𝘯𝘰𝘸 𝘸𝘩𝘢𝘵’𝘴 𝘩𝘢𝘱𝘱𝘦𝘯𝘪𝘯𝘨 𝘪𝘯 𝘺𝘰𝘶𝘳 𝘯𝘦𝘪𝘨𝘩𝘣𝘰𝘶𝘳𝘩𝘰𝘰𝘥? Obtain a personalized market analysis by booking a complimentary Buyer or Seller consultation with us via the form below.
Do you have more market questions?
Get in touch with us by filling out the form below.
