Toronto Housing Market Shifts: Buy or Sell? | MrHunter.ca

Toronto’s housing market had its busiest July in 4-yr, with GTA home sales ↑ ~11% yearly.
Despite the surge in sales, prices ↓, with the avg selling price ↓ 5.5% yearly to ~$1.05M.
TRREB says more households are finding affordable ways to buy, though high borrowing costs remain a challenge.
Meanwhile, new home sales have ↓ ~50% in 2025, raising concerns about job losses, while ultra-luxury sales worth $10M+ ↑ 200%.
Overall, the market shows a widening gap between luxury buyers and those seeking affordability.