JUNE 2026 UPDATE: GTA & DURHAM REGION REAL ESTATE MARKET
Posted by Dan Plowman on
June continued the positive momentum that has been building across the Greater Toronto Area, with home sales increasing sharply while new listings declined compared to last year. As inventory continues to be absorbed, market conditions are becoming more balanced, bringing increased competition among buyers and setting the stage for price stabilization in the months ahead.
GTA Market Insights
GTA REALTORS® reported 6,770 home sales in June 2026, up 9.4% compared to June 2025. At the same time, new listings declined to 17,282 (↓ 12.9% year-over-year), continuing the trend of tightening inventory that has characterized the spring market.
The average selling price reached $1,058,658, down 3.9% annually, while the MLS® HPI Composite benchmark declined…
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