06/11/2026
GTA Weekly Market Update
Week of June 1, 2026
General Market Advice
1. Ask-to-Sell Ratio Hits New Recovery High
The Ask-to-Sell Ratio moved up again to 1.0072, the highest reading in the current recovery cycle.
This matters.
A ratio above 100% means:
buyers are increasingly meeting seller expectations
discounts are shrinking
pricing power is slowly returning to sellers
The progression is important:
January May/June
0.9634 1.0072
That's a significant shift in only a few months.
2. Days on Market Remains Extremely Healthy
DOM came in at approximately 23 days this week.
That's more than a 50% improvement in absorption speed.
This remains one of the strongest signals in the market.
Properties are moving consistently.
3. Prices Continue Holding Near Recent Highs
Average prices remain in the upper end of the range established since March.
Importantly:
We're no longer seeing:
lower lows
accelerating declines
panic selling
Instead:
Prices have largely stabilized and are fluctuating within a relatively tight range around the $1.2M-$1.3M mark.
What the Weekly Sales Chart Is Telling Us
The chart you posted shows something very important.
Sales remain well above:
January levels
February levels
winter lows
while listings remain elevated but no longer appear to be accelerating higher.
That means:
Demand recovery is slowly catching supply.
That's exactly what we'd expect to see in an early recovery phase.
Connect This To The Macro Data
The macro backdrop continues improving.
Over the last two weeks we have learned:
RBC
Core inflation continues cooling
Consumer spending remains resilient
GDP weakness is largely technical
Labour market is stabilizing
Unemployment expected to edge lower in May
Hiring intentions are improving again
CBRE
Real estate investment markets may be approaching an inflection point
Bond yields have improved
Capital growth has turned positive again
Bank of Canada
Rates expected to remain stable
Inflation near target
Growth modest but positive
Housing demand supported by pent-up demand and lower borrowing costs
