Toronto Housing Market Report
Market Report Summary for August 2025
- The Greater Toronto Area’s benchmark home price for August 2025 was $969,700, down 5.2% year-over-year.
- The average home sold price in the GTA decreased 4.9% year-over-year to $1,022,143 for August 2025.
- Detached home average price decreased by 7.2% year-over-year to $1.31M.
- Semi-detached home average price decreased by 4.5% year-over-year to $980k.
- Freehold townhouse average price decreased by 4.5% year-over-year to $946k.
- Condo apartment average price decreased by 4.8% year-over-year to $642k.
- September 19, 2025 Update: Today’s Lowest mortgage rate in Toronto is 3.64% for 3-Year Fixed.
