Simcoe County prices dipped from $807,209 in June to $794,576 in July, a 1.6% monthly drop.
York Region followed suit, slipping from $1,239,284 to $1,225,539, a 1.1% MoM decline. But here’s the silver lining: modest price drops like these are often buyer magnets—and smart sellers use them to their advantage.
The Greater Toronto Area saw home sales explode, marking its best July since 2021:
Sales surged 10.9% year-over-year, with ~6,100 homes sold—the busiest July in four years.
Month-over-month sales jumped 13%, also a nine-month high.
While this sales frenzy unfolded, the MLS® HPI edged down to roughly C$979,000—a 0.2% dip from June, and a 5.4% year-over-year drop.
What’s fueling this? Buyers are responding to better affordability—thanks to lower prices and more manageable borrowing options.
Even with price adjustments and shifting outlooks, we closed 96 home sales in July. That’s not luck—that’s strategy. We know how to:
Price your home strategically to attract interest
Stage and market to highlight value—even in a cautious market
Navigate local trends with precision
Curious how these numbers translate to your property? Slight dips open doors—but only with the right plan in place.
That’s why a free home evaluation is the smartest next move. It’s not a guess—it’s a strategic, personalized snapshot of your current market value.
Prices cooling? Yes.
Buyer demand rising? Definitely.
We understand how to win in this market? We just sold 96 homes last month to prove it.
Don’t wait. Get your free home evaluation now—and see how your property can shine in today’s market.