07/23/2026
π‘ GTA New Home Market Update β June 2026
The newest BILD report brings encouraging news for new home buyers.
Here's what happened:
π 902 single-family homes sold
π 36% ABOVE the 10-year average
π’ Condo sales remain slow, with 273 units sold, well below historical levels.
Why should you care?
If you've been thinking about buying a brand-new home, today's market offers:
β
Lower benchmark prices for many low-rise homes
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Greater inventory choices
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Enhanced Ontario HST rebate benefits (for eligible buyers)
These factors have created one of the most attractive buying environments we've seen in recent years.
The condo market continues to adjust, while detached homes and townhomes are leading the recovery.