The GTA housing market continued to show some signs of recovery in June, with improving sales activity and tightening inventory conditions pointing to a more balanced market heading into the second half of the year. The average sales price edged slightly lower on a monthly basis to $1,058,658, representing a modest decline of approximately 1 per cent from May, while total sales reached 6,770 transactions during the month, up 3 per cent from May and 9.4 per cent year over year, marking the strongest June sales total in two years.
Although buyers continue to benefit from improved affordability and ample selection compared to historical norms, the market is becoming more competitive as demand returns. If this pattern persists through the second half of the year, the GTA housing market appears well positioned to transition through price stabilization and perhaps modest price growth as inventory continues to tighten.
For details on the June 2026 monthly figures and the latest Royal LePage Market Update Report, visit this month’s edition of our Real Estate Facts & Figures. Having the right real estate team with the experience, marketing systems and negotiating skills is more important than ever in today’s market. If you have any questions or would like to know what your home is currently worth, please don't hesitate to contact us.
Although buyers continue to benefit from improved affordability and ample selection compared to historical norms, the market is becoming more competitive as demand returns. If this pattern persists through the second half of the year, the GTA housing market appears well positioned to transition through price stabilization and perhaps modest price growth as inventory continues to tighten.
For details on the June 2026 monthly figures and the latest Royal LePage Market Update Report, visit this month’s edition of our Real Estate Facts & Figures. Having the right real estate team with the experience, marketing systems and negotiating skills is more important than ever in today’s market. If you have any questions or would like to know what your home is currently worth, please don't hesitate to contact us.