07/15/2026
June 2026 GTA Market Update 📊
The GTA market continued to strengthen in June, moving steadily toward tighter, more balanced conditions. Here is the latest data from TRREB:
Sales: 6,770 (+9.4% YoY)
New Listings: 17,282 (❌ Down 12.9% YoY)
Average Price: $1,058,658 (Down 3.9% YoY, but rising month-over-month)
HPI Benchmark: Down 5.4% YoY
Market Insights:
1️⃣ The Squeeze is On: Sales are rising quite strongly while new inventory is dropping. If this trend continues through the summer, buyer negotiating power will start to shrink.
2️⃣ Prices Stabilizing: The consistent month-over-month price increases indicate we’ve likely hit the market floor.
3️⃣ Focus on Affordability: TRREB is pushing for regional participation in the Canada-Ontario DC Reduction Program to lower development charges—which can currently make up to 20% of a new home's purchase price.
Want to know what the data looks like for your specific street or condo building? Shoot us a message!