Ajax Pickering Real Estate

08/24/2026

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07/23/2026

Seller willing to take this price !

07/22/2026

The GTA Real Estate Market Just Turned

After a year of sliding prices and hesitant buyers, June 2026 marked a clear turning point for the Greater Toronto Area real estate market.

The Key Numbers
Sales Surge: 6,770 sales in June — up 9.4% year-over-year, making it the strongest single month for sales in nearly two years.

Supply Shrinks: New listings fell 12.9% (to 17,282), and active inventory dropped 13.5% (to 27,329).

Price Floor Stabilizing: The average price eased to $1,058,658 (down 3.9% year-over-year), but the annual decline rate has been shrinking for months.

Why It Matters
Rising Competition: More buyers entered the market just as available homes decreased—the classic formula for returning buyer competition.

National Alignment: Across Canada, the sales-to-new-listings ratio climbed back above 50% for the first time this year, while national home prices held flat month-over-month.

The Takeaway
TRREB describes 2026 as a "year of two halves," with June acting as the hinge point. While this isn't a market boom, conditions are tightening—signaling that the market has finally found its floor.

07/02/2026

Ajax June stats, compared to one year ago

07/02/2026

Pickering June Stats, compared to one year ago

04/29/2026

Sold for 47% over asking on April 20, 2026

04/06/2026

Let me know if you agree with this perspective? Watch this 2 minute video:

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