07/09/2026
The GTA housing market just closed its strongest quarter in two years.
June 2026: 6,770 sales. New listings down 12.9%. Active inventory down 13.5%. The average selling price declining more slowly by the month and rising month-over-month for the second consecutive reading.
At the start of 2026, TRREB forecast a year of two halves. The first half would be slow. The second half would accelerate. Six months in, the data is tracking exactly as written. The buyers who understood that forecast and acted during the quiet first half are now entering a market where Durham has reached balanced conditions, Halton is at its tightest since 2022, and SP/LP ratios in core Toronto neighbourhoods are back at or above 100%.
The second half has begun. The window that defined the first half — wide negotiating room, motivated sellers, compressed competition — is narrowing. Not closed. But narrowing.
Full June 2026 GTA Market Report: https://www.residencestoronto.com/toronto-real-estate-lifestyle/june-2026-market-report
The June 2026 GTA real estate market report tracks 6,770 home sales across the Greater Toronto Area — a 9.4% year-over-year increase and the strongest monthly gain of 2026 — as new listings fell 12.9% to 17,282 and active inventory declined 13.5% to 27,329, marking six consecutive months of supp...