Residential sales activity in the Greater Toronto Area slowed in the second quarter of 2025 compared to the second quarter of 2024.
Residential property sales numbered 18,088 units in the second quarter of 2025, down 11.1% compared to the same quarter in 2024.
Sales slowed 12.1% for single detached homes, were down 3.9% for semi-detached units, were down 20.3% for condominium townhouse units, and were down 20.9% for condominium apartment units compared to a year earlier in the second quarter.
| Summary – Sales by Housing Type | |||
|---|---|---|---|
| Category | Q2-2025 | Q2-2024 | Year-over-year % change |
| Single Detached | 8,541 | 9,721 | -12.1 |
| Semi-Detached | 1,779 | 1,852 | -3.9 |
| Condo Townhouse | 1,315 | 1,649 | -20.3 |
| Condo Apartment | 4,413 | 5,582 | -20.9 |
| Summary – Median Price by Housing Type | |||
|---|---|---|---|
| Category | Q2-2025 | Q2-2024 | Year-over-year % change |
| Single Detached | $1,225,000 | $1,300,000 | -5.8 |
| Semi-Detached | $993,500 | $1,040,000 | -4.5 |
| Condo Townhouse | $728,000 | $780,000 | -6.7 |
| Condo Apartment | $593,500 | $640,000 | -7.3 |
