Supply continues to climb across the GTA.

In July, active listings reached a record 30,215 — 75% above the 10-year average. New listings also rose to 17,613, while the sales-to-new listings ratio tightened slightly to 35%, the highest this year.

With 5 months of supply on the market (double the long-term norm), conditions remain firmly in a buyer’s market. Condo supply eased slightly, while detached and semis/rows hit 30-year highs, showing inventory growth is now concentrated in low-rise homes.

What does this shift in supply mean for your next move? Let’s connect and talk strategy.