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Greater Toronto home sales up 9.4% in June as board predicts price growth could come
TRREB said tighter inventory lifted sales, while condominium weakness and broader regional declines kept benchmark prices down.
- 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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9 Articles
9 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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The Hamilton Spectator+2 Reposted by 2 other sources
Market Gains Traction with Strong Home Sales in June and First Half of the Year
TORONTO, July 03, 2026 (GLOBE NEWSWIRE) -- Greater Toronto Area (GTA) housing market conditions continued to improve in June, with sales growing quite strongly year-over-year while new listings declined over the same period. For the first half of 2026, sales…
·Hamilton, Canada
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Coverage Details
Total News Sources9
Leaning Left5Leaning Right2Center1Last UpdatedBias Distribution63% Left
Bias Distribution
- 63% of the sources lean Left
63% Left
L 63%
12%
R 25%
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