Market watchers note that many buyers paused in spring because of economic uncertainty and trade‑related headlines. Improved affordability, slightly lower borrowing costs and growing inventory encouraged hesitant buyers to act. TRREB’s president acknowledged that more relief is still needed on borrowing costs, but noted that households are finding affordable options.

We’ve broken down the numbers, the headlines, and the context that matters to help you make sense of this moment. Whether you’re buying, refinancing, or simply watching from the sidelines, here’s your June 2025 Market Report:

In March 2025, the Greater Toronto Area (GTA) real estate market found itself in a rare moment of contradiction: conditions are more afforda