Early Signs of Recovery in GTA Low-Rise Market? – August 2025 Move Smartly Toronto Real Estate Market Report
It’s very early days – but on the ground, are would-be buyers more interested in the house segment of the market at least?
We’re starting to see the first signs of renewed buyer interest in the Toronto area’s low-rise housing market.
In July, low-rise home sales reached 3,853—up 16% over last year and the highest July total in four years. While this follows a period of 20-year low sales volumes, this year’s activity is now above 2017 levels and just 8% below 2018, marking a clear shift in momentum.
On the ground, we’re finding that low-rise listings that had minimal activity two months ago are now getting far more showings and offers. I expect this uptick in demand to continue into the fall—but without a dramatic rebound. The market is likely to remain sluggish, though clearly no longer stuck at the historic lows we’ve seen for the past two years.
