07/11/2026
Real Estate Market Report | June 2026 | The Affordability Chase
The GTA housing market continues to be shaped by affordability, creating varied conditions across different regions and property types. As sales activity gains momentum, a widening price gap between the 416 and 905 areas is influencing buyer behavior, driving increased demand in the 905 and renewed interest in the condominium market.
In this report, Chris Kapches examines:
✔ Why a $261,000 price difference is prompting more buyers to choose the 905 over the 416.
✔ The surprising rise in condominium sales despite softer average prices.
✔ What today's inventory levels reveal when compared to the buyer's market conditions of June 2019.
✔ How year-to-date sales in 2026 have moved ahead of 2025 for the first time this year.
✔ A 30-year comparison that puts today's gradual recovery into perspective against the market rebound of 1996.
While the recovery remains measured, Chris Kapches sees encouraging signs that the GTA housing market has begun to regain its footing, with momentum expected to build throughout the rest of 2026 and into 2027.
Contact me with your real estate questions and needs.
SARAH GIACOMELLI
Sales Representative
Chestnut Park Real Estate Limited, Brokerage
416.529.7780 | sarahgiacomelli.com | [email protected]
Chestnut Park Real Estate Limited, Brokerage Christie's International Real Estate