CAIn June 2026, the Greater Toronto Area (GTA) saw a 9.4 percent increase in home sales compared to the same period in 2025, with 6,770 homes sold. Sales also rose 1.4 percent from May on a seasonally adjusted basis. However, new listings declined by 12.9 percent, bringing the total number of active listings to 27,329. The average selling price dropped 3.9 percent year-over-year to $1,058,658, while the composite benchmark price fell 5.4 percent. TRREB President Daniel Steinfeld noted improved activity in the second quarter and predicted increased transaction volume and buyer competition in the coming months, which could lead to price increases.
Bias read (Center): The article presents data on housing market trends without overtly favoring any political ideology. It reports on economic indicators such as sales, pricing, and inventory levels without taking a clear stance on policy solutions or political responsibility. While the housing market is a politically-
