JUNE 2025 URBANATION REPORT: DEMAND

Buyer activity improved in June for the third straight month, with growth in both entry-level and high-end segments.

It’s encouraging to see certain areas gaining traction again — like low-rise homes in Toronto, affordably priced homes in the 905, and both entry-level and luxury condos.

While mortgage rates in the low-to-mid 4% range are still relatively high, affordability has improved over the past year thanks to lower prices, easing rates, and longer amortizations.

That said, further improvement may be needed to bring more buyers off the sidelines in today’s uncertain economy.

Looking to get ahead of the curve? Let’s explore opportunities before broader demand returns.