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GTA Leads Canada’s Modest Housing Rebound, But Uncertainty Still Looms

Canada’s housing market may be inching toward a rebound, with national home sales climbing 2.8% between May and June 2025, according to the latest data from the Canadian Real Estate Association (CREA).

While the Greater Toronto Area (GTA) has led this national uptick, experts caution that the market is “not out of the woods yet.”

🔑 GTA Drives National Growth

CREA reports that the surge in June sales activity was “overwhelmingly” driven by the GTA, where 5,068 residential properties changed hands — the highest among all Canadian regions. Sales in the GTA jumped 8.1% month-over-month on a seasonally adjusted basis, second only to Quebec’s Saguenay region.

However, year-over-year data tells a more subdued story:

  • Non-adjusted GTA sales in June were up just 0.5%
  • Year-to-date sales remain down 15.6% compared to the same period in 2024
  • The average GTA home price declined 5.2% to $1,101,691

Nationally, the average sale price slipped 1.3% year-over-year to $691,643.

📉 Prices Stabilizing, But Still Down

After several months of moderate decline, the National Composite MLS® Home Price Index saw a slight drop of 0.2% in June and is now 3.7% lower than last year. Despite this, CREA notes that most markets across Canada are beginning to “turn a corner.”

New listings fell 2.9% in June, tightening supply. The national sales-to-new listings ratio rose to 50.1%, indicating a more balanced market (the long-term average is 54.9%).

Inventory across the country stood at 4.7 months — slightly below the historical average but still far from a buyer’s or seller’s extreme.

📊 Forecast: Stability Ahead, Modest Gains in 2026

CREA has revised its 2025 outlook with more muted expectations:

  • 2025 projected home sales: 469,503 units (down 3% from 2024)
  • 2025 average price: $677,368 (down 1.7%)
  • 2026 forecasted sales: 499,081 units (up 6.3%)
  • 2026 average price: $697,929 (up 3%)

Much of the downward revision is attributed to lingering uncertainty, including the impact of U.S. tariff threats and broader economic pressures, which have disproportionately affected Ontario, Alberta, and B.C.

🏠 What This Means for Borrowers & Investors

At Lendworth, we’re seeing growing interest from buyers and investors eager to re-enter the market — especially in the GTA, where activity is picking up despite recent price softness.

Whether you're:

  • A borrower looking to tap into lower home values,
  • An investor seeking income-backed mortgage opportunities,
  • Or a homeowner exploring equity-based refinancing options,

Lendworth’s equity-driven lending platform is here to guide you through the recovery.

📞 Contact us today to learn more about flexible financing options starting from 9.99%, with funding available up to 75% Loan-to-Value (LTV).

📍 GTA Insight. Canada-Wide Outlook. Equity-Based Lending You Can Count On.

Visit lendworth.ca for the latest updates and mortgage solutions.

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