As we move through the summer, the Ontario housing market continues to present a complex and varied picture. The market dynamics have shifted since our last update in March, with many regions seeing adjustments in pricing and sales activity. For prospective buyers and sellers, staying informed on these regional trends is more crucial than ever.
The spring market’s momentum has given way to a more moderate summer pace. Factors such as earlier interest rate adjustments and a healthy increase in new listings have contributed to a more balanced market in many key areas. This has provided buyers with more choice and negotiating power than they’ve seen in recent years.
Here is a snapshot of the average home prices across various Ontario municipalities as of July 2025, sorted alphabetically.
| Town/City | Average Home Price (July 2025) |
| Ajax | $885,872 |
| Aurora | $1,175,300 |
| Barrie | $705,638 |
| Brampton | $891,284 |
| Burlington | $1,078,219 |
| Cambridge | $739,900 |
| Guelph | $775,780 |
| Hamilton | $765,813 |
| Kingston | $565,700 |
| Kitchener | $758,300 (Region Avg.) |
| London | $628,455 |
| Markham | $1,242,075 |
| Milton | $1,035,285 |
| Mississauga | $1,005,027 |
| Newmarket | $956,592 |
| Oakville | $1,358,098 |
| Oshawa | $719,940 |
| Ottawa | $655,940 |
| Pickering | $922,689 |
| Richmond Hill | $1,328,612 |
| St. Catharines | $620,400 |
| Toronto | $1,110,500 |
| Vaughan | $995,450 |
| Waterloo | $758,300 (Region Avg.) |
| Whitby | $925,110 |
Disclaimer: Prices are based on the latest available data from local real estate boards for July 2025 and are subject to change. The price for Kitchener and Waterloo reflects the overall regional average.
Market Analysis
The Greater Toronto Area (GTA) and surrounding regions continue to show diverse trends. While some of the most expensive markets like Oakville and Richmond Hill still command premium prices over $1.3 million, the overall pace of growth has moderated.
The City of Toronto saw its average price hover around the $1.11 million mark. According to the latest reports, sales have been steady, but an increase in listings has eased the intense upward pressure on prices seen in previous years, creating more balanced conditions.
In the 905 region, cities like Mississauga and Brampton remain popular choices. Mississauga’s average price has settled just above the $1 million threshold, while neighbouring Vaughan offers a competitive average just under that mark. Durham region also shows strong activity, with Whitby and Pickering both averaging over $920,000.
Further west, the Hamilton and Burlington area saw average prices of $765,813 and $1,078,219 respectively, reflecting continued demand in these vibrant communities. The Niagara region, with cities like St. Catharines, presents a more affordable average of $620,400.
Moving to the nation’s capital, Ottawa‘s market remains one of the more stable and affordable large urban centres in the province, with an average price around $655,940.
Southwestern Ontario continues to be a hub of activity. The tech-focused region including Kitchener, Waterloo, and Cambridge is a draw for many, while London offers even greater affordability with its average price sitting near $628,455.
