TRREB June Sales Jump 9.4%. Is the GTA Market Finally Turning?

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In June 2026, the Greater Toronto Area (GTA) real estate market shifted into a more competitive phase after a year of correction. The Toronto Regional Real Estate Board (TRREB) reported 6,770 sales, a 9.4% increase compared to the same period last year. This pickup in activity coincided with a notable drop in supply, as new listings fell 12.9% to 17,282, indicating that fewer sellers are coming to market even as buyer demand improves. Active listings also declined 13.5% to 27,329, suggesting that inventory is being absorbed more quickly than in 2025 and that buyers have less choice than they did a year ago.

The average selling price eased to $1.06 million, a 3.9% year-over-year decrease, as the market works through the tail end of its price adjustment. Detached homes remained the central part of the GTA housing market, with 3,256 sales and an average price of $1.36 million. Semi-detached homes and townhouses also saw steady activity, with 617 and 1,082 sales, respectively. Meanwhile, condominium apartments recorded the strongest growth in sales volume, with 1,714 transactions and a 14.3% increase compared to last June, even as their average price softened to $630,688. Despite modest price declines, homes across the GTA moved at a measured pace, spending an average of 29 days on the market and 42 days from first listing to final sale.

“After a slow start in the first quarter, we saw a marked improvement in home sales in the second quarter of this year. This result followed TRREB’s 2026 outlook, which called for a year of two halves,” said TRREB President Daniel Steinfeld. “We expect accelerating transactions and more competition between buyers in the last six months of the year, helping to satisfy pent-up demand and ultimately resulting in renewed price growth.”

Related: What a $55K–$85K Salary Gets You in Canada’s Housing Market Right Now

Detached Prices Dip Below $1.4M

Detached homes remained the backbone of the GTA housing market in June, with 3,256 detached sales and an average price of $1.36 million across all TRREB areas, keeping the segment below the $1.4 million mark. Within the city of Toronto, detached prices stayed firmly in premium territory, with an average of $1.65 million and a median of $1.4 million, underscoring how core neighbourhoods remain priced well above the regional norm. York Region stood out on the high end with detached homes averaging $1.48 million, supported by costly pockets such as Richmond Hill at $1.69 million, and Vaughan at $1.7 million. More accessible detached options can be found in Durham, where the regional average sits at $963,853, and at $886,770 in Simcoe County, giving move‑up buyers a chance to gain space at significantly lower price points. Cities such as Oshawa, with an average detached price of $802,560, and Whitby, at $1.02 million, are especially noteworthy for households trading up from condos or townhomes.

Early Summer Brings a Slower Pace

As the summer market gets underway, homes across all markets are taking a bit more time to change hands. In June, the average Listing Days on Market (LDOM) edged up to 29 days from 26 a year earlier, an 11.5% increase that points to a slightly more relaxed pace for buyers. Property Days on Market (PDOM) held steady at 42 days, unchanged from last June, showing that the overall journey from first listing to firm sale is still wrapping up in roughly six weeks. Rather than rushing into offers, buyers are using early summer conditions, including moderating prices and fewer new listings, to tour more homes, compare options, and negotiate carefully, while sellers can still expect a reasonably brisk timeline once the right purchaser steps forward.

Related: Where Canadian Home Prices are Dropping the Most in 2026 So Far

Brampton, Mississauga, and Vaughan Heat Up Summer Sales

As the summer market gets underway, Peel and York regions are driving much of the suburban action outside the city of Toronto. Mississauga led Peel in June with 592 sales at an average price of $1.19 million, reflecting strong demand for a mix of detached, townhome, and condo options in a well‑established urban setting. Brampton was close behind with 518 sales, but its average price of $966,024 comes in notably below both Mississauga and the GTA‑wide average of $1.06 million, reinforcing its role as a more affordable choice for families looking to trade up without crossing the million‑dollar mark on every purchase. Vaughan stood out in York Region with 524 sales at an average of $1.33 million. Meanwhile, Markham added another 398 sales at $1.24 million, maintaining its reputation as a high‑demand move‑up market.

Taken together, Peel and York accounted for the bulk of suburban transactions outside Toronto in June, showing that early summer demand is clustering in these higher‑amenity hubs even as price points diverge sharply between more affordable markets like Brampton and top‑tier destinations such as Vaughan and Markham. For buyers heading into the rest of the season, this split sets up a clear choice between stretching budgets to secure a home in the priciest pockets or targeting comparatively lower‑priced cities that still offer strong connectivity and family‑friendly neighbourhoods.

June Sees a Buyer’s Market for Condos, Even as Inventory Tightens

As the most affordable home type, condo apartments continued to represent a significant share of GTA market activity in June, accounting for roughly one in four sales and ranking just behind detached homes for transaction volume. Across all TRREB areas, 1,714 condos sold at an average price of $630,688 and a median of $540,000, with units spending about 38 days on the market. This places much of the condo action below the overall GTA average home price and highlights the segment’s role as a more accessible entry point for first-time buyers and investors. Active listings sat at 8,630, indicating that buyers still have a broad range of units to choose from, even as overall GTA inventory trends lower.

Condo Ownership Made Accessible in Durham, York, and Peel

The city of Toronto was the clear centre of condo activity, recording 1,124 sales at an average price of $665,760 and a median of $555,500. A total of 2,915 new listings fed into 5,464 active listings by month’s end, giving purchasers a wide selection across buildings and neighbourhoods and resulting in an average of 37 days on market. Within the city, Toronto Central stood out as the premium condo hub, with 770 sales at an average price of $712,394, while Toronto East offered comparatively more affordable units, averaging $587,584 with a median of $550,000.

In the 905, several cities showed distinct condo profiles relative to the GTA average. Mississauga posted 142 sales at an average price of $585,760 and a median of $565,000, positioning it slightly below Toronto’s average but above many outer markets. York Region’s condo segment leaned higher on price, with 241 sales at an average of $587,584 across communities like Markham and Vaughan in the low-$500,000 to low-$600,000 range. Durham Region offered some of the most accessible entry points, with Oshawa and Pickering condos clustered in the mid $400,000s and Whitby averaging just over $500,000. These markets provide a path into condo ownership at prices notably below the GTA‑wide average while maintaining similar selling timelines closer to 40 days.

Here’s a look at how listings, sales, and inventory changed from last month across GTA markets.