July 2025 Market Report
July 2025 Newsletter
Thurston Olsen Real Estate Group
Hey Friends!
If you know the TO Group, you know we live for summer in the city, especially when the patios are packed, the skyline’s glowing, and the Blue Jays are leading the division and knocking it out of the park! ??
July in Toronto hits differently. The days are long, cottage chat is in full swing, and the real estate market hums along with a steady buzz. While the spring market tends to steal the spotlight, July is when savvy buyers and sellers make strategic moves – without all the frenzy.
Whether you’re soaking up the sun and casually house-hunting, thinking about making a move before fall, or just curious about what’s happening out there, we’ve got your back.
Here’s your July 2025 Market Update, packed with fresh stats, expert insights, and everything you need to stay in the know.
What We Are Seeing From the Field
June Market Snapshot: More Listings, Better Deals, and Signs of Recovery
The GTA real estate market is continuing its gradual comeback. In June, we saw more listings hit the market, giving buyers more options and more negotiating power. With borrowing costs still lower than last year, many buyers are cautiously stepping back in, looking for value and striking deals when the price is right.
Home sales were up slightly compared to last June and activity also ticked up month-over-month, showing some quiet momentum building beneath the surface. The average sale price came in at just over $1.1M – about 3.5% lower than last year, which reflects what we’re seeing on the ground: smart pricing and great presentation are key to standing out in a competitive market.
Bottom line? If you’re thinking about buying or selling, there’s opportunity out there, but strategy matters more than ever. In a fickle market, it’s never been more important to work with a full-time, savvy, experienced team to help you with your real estate moves (that’s us)
Check out the June year-over-year stats below for more information on the current market.
If you would like statistics specific to your neighbourhood, an updated Comparative Market Analysis for your home, or help deciphering what the numbers could mean for you, please let us know and we would be happy to provide that for you.
Should You Keep the Cameras Rolling During a Sale?
With video doorbells and home security cameras becoming more common, many sellers leave them running while their home is on the market. But is that a good idea?
For Sellers:
Pro: Cameras can offer peace of mind by monitoring traffic in and out of the home during showings.
Con: It could also make buyers feel uncomfortable and less inclined to speak freely during their visit. Depending on the buyer, it could distract them from noticing all of the amazing details of a home, leaving yours overlooked.
For Buyers:
Heads up: You may be on camera during a showing. Best to save price opinions, dislikes, or renovation plans for after you’re out the door, just in case anyone’s listening.
Pro: If you’re worried about security, seeing a property with a solid camera setup might be a bonus.
The Bottom Line?
Cameras can be useful, but privacy and comfort can be key when selling your home. If you’re unsure, talk to us about the best strategy for your space.
The Best Things to Do in the Toronto Beach(es) This Summer
Mark your calendars!
Because nothing says summer in the city like sandy toes and soft-serve!
Ahh, the Toronto Beaches. Where city living meets laid-back lake life, and where locals trade concrete for boardwalks, flip-flops, and sunshine. If you’re lucky enough to call the East End home (or you’re just visiting for the day), here are some of the best ways to soak up summer in The Beaches:
1. Hit the Beach (Obviously!)
Whether you’re tossing a frisbee at Woodbine, building sandcastles at Kew, or just lounging like a pro at Balmy Beach, there’s a stretch of sand for every mood. The water’s clean, the vibe’s relaxed, and the sunrises? Worth waking up for. ?
2. Stroll the Boardwalk
The iconic 3-kilometre wooden boardwalk is perfect for a morning coffee walk, people-watching, or grabbing an ice-cream. Bonus points if you bring your dog, they’ll love it too.
3. Explore Kew Gardens & Ashbridges Bay
Pack a picnic and hit the shade at Kew Gardens, or head down to Ashbridges Bay for volleyball (you may even see us there playing), fireworks, and one of the best lakefront parks in the city.
4. Catch Live Music or a Festival
There’s always something going on – Check out the beloved Beaches International Jazz Festival in July. (Yes, it’s worth braving the crowds!)
5. Paddle, Bike, or Blade
Rent a kayak, hop on your bike, or dust off your rollerblades and cruise the Martin Goodman Trail.
Pro Tip: Thinking of making the Beaches your forever summer spot? Let’s chat, because homes by the lake don’t last long, and we know the neighbourhood like the back of our sandy hand. Fun Fact: We also grew up there, so we have all of the inside info!
We’re Here To Help!
As always, we would be happy to help you and any of your friends, family, colleagues, or neighbours with real estate services or advice. If you can think of anyone who could use our help, feel free to make an introduction! We promise we’ll make you look good.
Cheers!
Chris and Ford
June 2025 Market Report
June 2025 Newsletter
Thurston Olsen Real Estate Group
Hey Friends!
Summer weather is finally here, and Toronto is putting on a show – outdoor concerts, beach days, school fun fairs, and the sweet smell of sunscreen in the air.
Whether you’re catching rays on your favourite patio, dodging water balloons in the backyard, or planning your next move (literally), June is the month where we forget about the cold and dark winters and remind ourselves why we live in this amazing city.
So grab a cold drink, find some shade, and dive into your June 2025 Market Update – we’ve got all the latest insights, numbers, and strategies to help you stay cool and in-the-know.
Let’s get into it!
What We Are Seeing From the Field
In May, Toronto home sales were down 14.3% year-over-year, with 2,315 properties sold through TRREB’s MLS® system. Some buyers remain on the sidelines, waiting for more interest rate relief and economic certainty.
New listings were up 7.2%, giving buyers more options and in some cases, added leverage.
The average selling price across all property types in Toronto was $1,155,616 in May – down 3.2% from May 2024.
What does this mean for you?
Buyers are seeing a rare mix of choice and softer prices – a potential window of opportunity.
For sellers, standing out in a more competitive market means getting the pricing, presentation, and marketing just right – and having the right real estate team in your corner makes all the difference (that’s us!). We are still seeing turnkey homes in prime locations selling quickly and often receiving multiple offers.
Check out the May year-over-year stats below for more information on the current market. If you would like statistics specific to your neighbourhood, an updated Comparative Market Analysis for your home, or help deciphering what the numbers could mean for you, please let us know and we would be happy to provide that for you.
60 Maybourne Ave! $849,000
We have a fantastic listing on the market that is a great opportunity for buyers who are looking for amazing value!
Tucked away on a quiet, family-friendly street, 60 Maybourne Ave is the kind of home that checks the boxes. With charming curb appeal, a bright open layout, and a dreamy backyard – this detached beauty is move-in ready and waiting for its next happy chapter.
Key Features:
Fantastic East-End Location – Peaceful street in a welcoming neighbourhood close to schools, Warden Woods and Taylor Creek Park, and easy access to transit and shopping.
Fresh Curb Appeal – Recently painted exterior, cozy covered front patio, and a private drive with 2 car parking.
Bright & Open Main Floor – Hardwood floors, plenty of windows, and a spacious open-concept living and dining area filled with natural light.
Spacious Kitchen & Family Room – Ample storage, a centre island for casual dining, and an impressive family room, complete with a woodburning fireplace.
3+1 Bedrooms – Three good-sized bedrooms upstairs, including a roomy primary, plus a bonus lower-level bedroom for guests or a home office.
2 Bathrooms – A 4-piece upstairs and a convenient 3-piece on the lower level.
Big Backyard Dreams – Fully fenced with a large deck, lush lawn, garden space, and a shed — perfect for summer BBQs and space for the kids or pets to roam.
Know someone who’s on the hunt for their dream home? Feel free to forward this email or share the listing with your friends and family. You never know who might fall in love with this gem!
We’re Proud to Sponsor the Leslieville Junior PS Fun Fair!
Mark your calendars!
The Leslieville Junior PS Fun Fair is back on Saturday, June 14th from 11am to 3pm.
This isn’t your average school fair, get ready for non-stop fun:
Bouncy castles
Double obstacle courses and slides
Inflatable sports games
A FREE art table and kids game zone
Face painting
Live music
Robotics games
Bake sale, food vendors, silent auction—and so much more!
It’s a day for the whole family!
We’re proud to support the school and all the incredible people who make this neighbourhood feel like home. So swing by and make some amazing memories!
For more info and tickets, please check out the event page HERE
We’re Here To Help!
As always, we would be happy to help you and any of your friends, family, colleagues, or neighbours with real estate services or advice. If you can think of anyone who could use our help, feel free to make an introduction! We promise we’ll make you look good.
Cheers!
Chris and Ford
East Side Food Drive – THE THANKSGIVING EDITION!
East Side Food Drive
THE THANKSGIVING EDITION!
Hey Friends,
With Thanksgiving just around the corner, we’re excited to announce that we’re gearing up for our 12th East Side Food Drive in support of the Daily Bread Food Bank!
We would love your help to make this event a success. To make it as convenient as possible for you, we’ll pick up your food donations right from your doorstep and deliver them to Daily Bread on your behalf.
Together with Daily Bread Food Bank, we believe that access to food is a basic human right, not a privilege. No one should go hungry or face barriers to accessing food.
If you live on the east side of Toronto and want to contribute, here are some of the most needed items:
– Shelf-stable and non-perishable foods such as rice, beans, pasta, and flour.
– Canned proteins like chicken and tuna.
Ready to help out? Click the button below, fill out the form, and have your donations ready for pickup on Thursday, October 10, 2024.
Not within our pick up area but still want to contribute?
You’re amazing! You can make a monetary donation directly to Daily Bread Food Bank by clicking the button below.
Friends in the East end?
Do you know someone who lives in the East end of Toronto who might be interested in contributing? Help spread the word about the East Side Food Drive by forwarding this email to them!
Want more info about our East Side Food Drive?
Check out photos and videos from our past events and learn more about our East Side Food Drive by clicking the button below!
Thank you in advance for your support. We appreciate you and wish you a wonderful Thanksgiving!
October 2024 Market Report
Thurston Olsen Real Estate Group
Hey Friends!
October is not just about pumpkins and falling leaves—it’s a time to reflect on the incredible community spirit in Toronto.
As we gear up for Thanksgiving and upcoming holiday events, we’re here to support both your real estate needs and community efforts, including our latest East Side Food Drive.
Let’s take a few minutes to give you another Real Estate update for September 2024.
Looking to Pay Off Your Mortgage Sooner, Save on Taxes, and Reduce Interest?
Who wouldn’t want that?!
At The TO Group, we leverage our extensive network of industry professionals to help you achieve your financial goals. One of our trusted mortgage brokers, Zac Lofeudo from the Vine Group, is hosting a complimentary seminar on how to benefit from the Rental Cash Damming strategy.
This CRA-approved method can help you pay off your mortgage up to 15 years sooner while saving on both taxes and interest!
If you have equity in your home or own rental properties, you won’t want to miss this seminar. Don’t miss out on this opportunity to fast-track your financial freedom. ?
Click the link below to register for the seminar and start your journey to smarter real estate investing!
Bold Mortgage Reforms to Improve Accessibility to Home Ownership in Canada
Big changes are coming to Canada’s mortgage policies, effective December 15th, aimed at improving affordability and accessibility for homebuyers. While these reforms offer exciting opportunities, they also come with some potential challenges for the long-term housing market. Let’s dive into the key changes:
- Extended Amortization Periods: For first-time homebuyers and those purchasing new builds, the amortization period is increasing to 30 years (up from 25 years). This lowers monthly payments, improving affordability. However, keep in mind that a longer mortgage means paying more in interest over time.
- Higher Purchase Prices with Less Down: The threshold for a less than 20% down payment has increased from $1 million to $1.5 million. This allows buyers to purchase higher-priced homes with smaller down payments. But remember, carrying costs for a $1.5 million home with a minimal down payment can be high, so this will benefit a select group of buyers with high incomes.
- Increased Competition Among Lenders: Insured mortgage holders can now switch lenders at renewal without going through another stress test. This opens up competition, making it easier for Canadians to find better mortgage rates.
These reforms aim to make home ownership more accessible, but will also impact affordability. Whether these changes are a long-term benefit remains to be seen.
Our prediction? We feel that this may fuel demand and competition in the marketplace which could boost home values. Now could be a great time to buy.
Let’s have a chat if making a move has been on your mind!
What We Are Seeing From the Field
More new listings and more sales!
As expected with a typical fall market, new listings and sales improved compared to August 2024. More encouraging is that new listings (+8.5%) and sales (+3.7%) have both increased year over year compared to September 2023. A welcome sign showing increased activity in the market compared to last year!
Average prices remain fairly level compared to last September. However, we did see a price improvement of approximately 8.5% for homes in Toronto compared to last month.
The condo market still remains well supplied with approximately 6100 active listings as of September 30th, 2024. This means that there are ample options for condo buyers with the potential to negotiate price. Condo sellers should be prepared to be patient and realistic with their price expectations.
Check out the September year-over-year stats below for more information on the current market. If you would like statistics specific to your neighbourhood, an updated Comparative Market Analysis for your home, or help deciphering what the numbers could mean for you, please let us know and we would be happy to provide that for you.
Protect Your Largest Investment: Your Home
For most of us, our home is our biggest investment—so it’s important to protect it, especially from the challenges of Canadian winters. A well-maintained home not only ensures comfort and peace of mind but also helps preserve and even increase its value.
By keeping your home in top condition, you’re setting yourself up for a better return when you decide to sell.
Ready to get started? Click below for your complimentary Fall Home Maintenance Checklist to ensure your home stays in prime condition year-round.
LOOKING FORWARD
Last Call for Our East Side Food Drive – Thanksgiving Edition! ? October 10, 2024
We’re gearing up for our next East Side Food Drive, and we’d love your support! The need for food in Toronto is urgent. 1 in 10 people now rely on food banks, double from last year.
Let’s come together to make a real impact for our community this Thanksgiving.
Click below for more info on our East Side Food Drive and to sign up to contribute.
As always, we’re here for any real estate services or advice you, your family, or friends might need. Feel free to introduce us—we promise to make you look great!
Cheers!
Chris and Ford
