August 2025 Market Report
August 2025 Newsletter
Thurston Olsen Real Estate Group
Hey Friends!
Hard to believe it’s already August! The CNE is around the corner, sunset patios are hitting golden hour perfection, and those last few summer Fridays are calling our name!
Real estate-wise, things may feel a little quieter this month – but make no mistake, the Toronto market never truly sleeps. With interest rates holding steady and more inventory to choose from, smart buyers are poking around, and savvy sellers are prepping for an optimistic fall market.
Whether you’re planning a September sale, or just curious how things are shaping up in your neighbourhood, we’re always here to help.
Here’s your August 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
The Toronto real estate market just posted its strongest July sales performance since 2021, with home sales up 11% year-over-year. Buyer activity outpaced supply, leading to a tightening in market conditions compared to July of last year.
What’s driving the action?
Improved affordability is starting to bring more buyers off the sidelines. With home prices and borrowing costs down from last year, more households are finally seeing homeownership as an achievable goal again. It’s still a work in progress – especially on the interest rate side, but the momentum feels real.
The Outlook?
If we continue to see rate relief and stable pricing, buyer confidence could continue to build. At the moment, we are seeing some fantastic opportunities for buyers in the current market – homes that don’t check every box equals a chance to potentially acquire a home for a great deal.
For sellers, it’s more important than ever to ensure your listing shows at a 10/10 (we can help with this ?) – we are still seeing multiple offers for some well promoted and priced homes.
As always, we’re keeping a close eye on the numbers so you don’t have to. Whether you’re buying, selling, or just staying in the loop, we’re here to help you navigate it all.
Check out the July 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.
List Later, Shoot Now: Why Summer Photos Are A Fall & Winter Listing Game-Changer
Planning to sell this fall or winter? Here’s a pro tip: take your listing photos now while the sun is shining and the landscaping is lush.
Homes almost always show better when the grass is green, flowers are blooming, and the light is golden. If you wait until November, your beautiful home could be hidden under bare trees, cloudy skies, or a foot of snow.
That’s why we’re offering a limited-time summer photo promo* for anyone thinking ahead.
We’ll arrange to capture gorgeous professional exterior shots now – so when you’re ready to list later, your property stands above the crowd!
Click below to book your complimentary summer shoot and beat the seasonal blues before they even arrive.
Your future listing (and your future self) will thank you!
*Limited time offer. Terms and conditions apply
Thank You For Joining Us At Our “Summer Scoops With The TO Group” Appreciation Event!
A huge THANK YOU to everyone who stopped by Greenwood Park last Saturday for our “Summer Scoops with the TO Group” appreciation event!
It was such a blast seeing so many familiar faces (and meeting some new ones) over cool treats, sunshine, and a few competitive rounds of cornhole!
We’re grateful to be part of such a warm, fun-loving community – and we can’t wait to do it again next year.
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
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
May 2025 Market Report
May 2025 Newsletter
Thurston Olsen Real Estate Group
Hey Friends!
If you know the TO Group, you know we live for this time of year – not just because patios are buzzing and the Blue Jays are swinging for the fences – but because the Toronto Maple Leafs are in the playoffs and the spring real estate market is in full stride!
There’s just something electric about May in Toronto. The city comes alive – flags on porches, jerseys on backs, and Sold signs popping up on front lawns like spring tulips. Buyers are out, listings are blooming, and for many families, it’s game time.
Whether you’re looking to score your next dream home, weighing a move, or just keeping an eye on the market (while nervously watching OT), we’ve got you covered.
Here’s your May 2025 Market Update – complete with all the latest stats, insights, and opportunities to help you stay ahead of the play.
Let’s drop the puck and get into it!
What We Are Seeing From the Field
April brought a typical seasonal increase in real estate activity compared to March, but total home sales across Toronto were still down compared to this time last year. In fact, Toronto REALTORS® reported 2,129 sales through TRREB’s MLS® system – a 17.5% drop year-over-year. Why? Many buyers are still sitting on the sidelines, waiting for lower borrowing costs and more economic certainty before jumping in.
With that said, new listings were up 6.8%, giving buyers more choice and leverage. With inventory at elevated levels, buyers had more room to negotiate, which put downward pressure on prices across some segments of the market.
Taking into account all market segments in Toronto, the average selling price in April was $1,144,977, down 0.6% compared to April 2024.
What does that mean for you? If you’re a buyer, it’s a rare moment of increased supply and softer prices – a window of opportunity in a market that usually moves fast. If you’re a seller, pricing strategy and presentation are key, especially as more inventory means more competition.
Looking ahead, we expect that many households are keeping a close eye on how the new federal government handles trade relations, particularly with the U.S.
A more optimistic economic outlook could restore consumer confidence and bring more buyers back into the market.
Check out the April 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.
What to Expect for Housing & Mortgages After the Election
Well – that all happened quickly! With the Liberals re-elected under new leader Mark Carney, and another minority government in place, housing remains front and centre in Canadian policy conversations.
Here’s a quick breakdown of what the election outcome could mean for buyers, sellers, and homeowners:
Help for First-Time Buyers
One of the biggest promises? Removing GST on new homes under $1 million for first-time buyers. That’s a potential savings of up to $50,000. The policy hasn’t been passed yet, but it’s expected to be outlined in the federal budget next month.
Big Push for New Builds
Over $25 billion has been pledged to speed up housing construction – especially affordable and rental units where Canadians want to live – with support for municipalities, non-profits, and developers through low-cost financing.
Infrastructure & Zoning Support
Expect continued investment in transit, utilities, and municipal partnerships to support higher-density development, especially around transit stations — something Toronto has already been moving toward.
Rates Could Dip Further
Economists are predicting that The Bank of Canada may cut rates once or twice more this year, depending on economic conditions. That’s welcome news for variable-rate borrowers and anyone with a renewal coming up. Still, with global uncertainty, the path forward isn’t set in stone.
We’ll have more clarity once the federal budget is released – likely in June. In the meantime, it’s a great opportunity to review your plans and chat through any moves you’re thinking of making this year.
It’s Patio Season! (And we couldn’t be happier)
It’s always an exciting time of year when you can trade winter boots for sunglasses and hit some of your favourite patios! Here are some of our faves:
When we’re feeling laid-back after some tough negotiations, you’ll find us at Betty’s East soaking up the sun with a pint, or enjoying the family-friendly vibes and strong espresso game at Black Pony on Gerrard St E.
CafeTO’s patio setups make the city feel a bit like a Euro vacation (minus the airfare), while Lion on the Beach is perfect for casual hangs and people-watching on Queen St E in the Beach(es).
For tacos and tequila under the stars, it’s hard to beat the back patios at Chula or Tinga Kim in Leslieville. Bonus points to Nodo for pasta, wine, and a great vibe.
Do you have any favourites that we missed? Let us know – our research is always ongoing!
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
