07/09/2026
Real Estate Watch July
Market Gains Traction with Strong Home Sales in June and First Half of the Year
Good news for the GTA housing market! In June 2026, we saw a bit of a boost, with more homes sold and fewer new ones coming onto the market. Even though the average price stayed the same compared to last year, it’s not dropping as fast, which might mean prices could start to climb later in the year. Plus, the Canada-Ontario DC Reduction Program is helping to make housing more affordable by tackling development charges.
The GTA market saw total transactions rise year-over-year, while average selling prices and new listings moved lower compared to June 2025. Days on market stayed steady, pointing to a market where activity is still happening, but pricing and supply continue to shift.
Average selling price: $1,058,658
New listings: 17,282
Days on market: 42
Total transactions: 6,770
Across the 416 and 905, the story continues to vary by region and property type. Detached homes saw stronger sales activity in both regions, while condo apartments saw notable year-over-year price declines despite higher sales volume.
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