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Greater Toronto home sales up 9.4% in June as board predicts price growth could come
TRREB said tighter inventory and fewer new listings could lift prices later this year as June sales rose 9.4% and benchmark prices fell 5.4%.
- The Greater Toronto Area saw home sales rise 9.4 per cent year-over-year in June, with 6,770 homes changing hands through the Toronto Regional Real Estate Board's MLS system.
- New listings fell 12.9 per cent to 17,282 in June, while overall inventory dropped 13.5 per cent as 27,329 active listings remained across the GTA.
- Benchmark home prices hit $940,800, down 5.39 per cent from June 2025, while York Region experienced a steeper 7.3 per cent decline to $1,101,200.
- TRREB president Daniel Steinfeld noted a "marked improvement" in second-quarter activity, predicting increased competition and transactions could ultimately drive renewed price growth.
- Mercer, TRREB's chief information officer, stated annual price declines have eased over recent months and tightening conditions could eventually lead to selling price increases.
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21 Articles
21 Articles
The average selling price of condominiums and houses in the Toronto area was $1,058,658 in June, a 3.9% decrease on an annual basis.
·Montreal, Canada
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Winnipeg Free Press+5 Reposted by 5 other sources
Vancouver-area home sales up nearly 10% in June amid broad increase in demand: board
VANCOUVER - Vancouver's real estate board says the region saw increased activity in June as demand for all home types rose compared with the same month last year.
·Winnipeg, Canada
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Toronto home sales rise in June for fourth straight month
Greater Toronto Area home sales rose in June for a fourth straight month and prices increased, continuing the market's recovery following a slow start to the year, Toronto Regional Real Estate Board data showed on Friday.
·New York, United States
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Coverage Details
Total News Sources21
Leaning Left6Leaning Right2Center5Last UpdatedBias Distribution46% Left
Bias Distribution
- 46% of the sources lean Left
46% Left
L 46%
C 39%
15%
Factuality
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