The following is an update on the Toronto housing market in June 2025, highlighting an improvement in affordability due to lower average selling prices and borrowing costs compared to the previous year. Despite a month-over-month increase in sales and a decline in new listings creating a tightening trend, overall home sales were down year-over-year. The report also discusses factors impacting the market beyond economics, with a focus on the need for a strong trade deal and additional interest rate cuts to bolster consumer confidence and support selling prices. Additionally, it addresses the rising concern of violent home invasions and carjackings, with the Toronto Regional Real Estate Board (TRREB) advocating for stricter bail conditions and increased law enforcement funding to improve public safety.
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