The GTA real estate market continued to strengthen in June. Home sales were up 9.4% compared to last year, while new listings fell 12.9%, giving buyers fewer options than they had just a few months ago.
Although home prices remain slightly below last year's levels, the rate of decline is slowing. Both average prices and benchmark prices also increased compared to May, a sign that the market is gradually shifting toward a more balanced and competitive environment.
TRREB expects this trend to continue through the second half of 2026, with stronger buyer demand likely leading to renewed price growth. (Source: TRREB)
To access the full report, click here: https://trreb.ca/market-data/market-watch/
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** Source: Toronto Regional Real Estate Board (2026)
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