07/04/2026
Hi Everyone,
We're already halfway through the year, so let's have a look at what's been happening in GTA real estate market.
Home sales were up 9.4% compared to June of last year, while the number of new listings declined by 12.9%. The average GTA home sold for $1,058,658 in June. Fewer homes coming to market combined with stronger buyer activity is creating a more balanced market and increasing competition for well-priced properties. So far this year, home sales have edged higher than they were during the first half of 2025, while inventory remains significantly lower.
Affordability remains an important issue across the GTA. Industry leaders continue to advocate for reducing development charges, which can account for up to 20% of the cost of a new home. Lowering these costs could improve affordability for new home buyers over time.
If you've been wondering whether now is the right time to buy or sell, this changing market presents new opportunities. Every neighbourhood is different, and I'd be happy to discuss what's happening in your area and what it could mean for your real estate plans. Just Call Me For Clarity.
