{"id":6351,"date":"2016-07-07T12:26:19","date_gmt":"2016-07-07T16:26:19","guid":{"rendered":"http:\/\/www.zoocasa.com\/blog\/?p=6351"},"modified":"2016-07-07T13:05:58","modified_gmt":"2016-07-07T17:05:58","slug":"toronto-real-estate-fast-facts-june-2016-the-struggle-is-real","status":"publish","type":"post","link":"https:\/\/www.zoocasa.com\/blog\/toronto-real-estate-fast-facts-june-2016-the-struggle-is-real\/","title":{"rendered":"Toronto Real Estate Fast Facts | June 2016: The Struggle is Real"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-6352\" src=\"http:\/\/www.zoocasa.com\/blog\/wp-content\/uploads\/2016\/07\/Zoocasa-Fast-Facts-june-screen-02.jpg\" alt=\"Zoocasa-Toronto-Real-Estate-Fast-Facts-June-2016\" width=\"1201\" height=\"601\" data-id=\"6352\" srcset=\"https:\/\/www.zoocasa.com\/blog\/wp-content\/uploads\/2016\/07\/Zoocasa-Fast-Facts-june-screen-02.jpg 600w, https:\/\/www.zoocasa.com\/blog\/wp-content\/uploads\/2016\/07\/Zoocasa-Fast-Facts-june-screen-02-300x150.jpg 300w, https:\/\/www.zoocasa.com\/blog\/wp-content\/uploads\/2016\/07\/Zoocasa-Fast-Facts-june-screen-02-768x384.jpg 768w, https:\/\/www.zoocasa.com\/blog\/wp-content\/uploads\/2016\/07\/Zoocasa-Fast-Facts-june-screen-02-1024x512.jpg 1024w, https:\/\/www.zoocasa.com\/blog\/wp-content\/uploads\/2016\/07\/Zoocasa-Fast-Facts-june-screen-02-750x375.jpg 750w\" sizes=\"auto, (max-width: 1201px) 100vw, 1201px\" \/><\/p>\n<p>The Toronto Real Estate Board <a href=\"http:\/\/www.trebhome.com\/market_news\/market_watch\/2016\/mw1606.pdf\">released their monthly stats<\/a>, and the data shows a lot of the same as in previous months.<\/p>\n<p>Although the average price dropped by about $5,000 from May, and there were 100 less active listings, neither of those numbers give us much food for thought. It&#8217;s possible that the market is plateauing, although that&#8217;s unlikely, given that the Brexit decision will likely produce a stronger US dollar, lower mortgage rates, and generate foreign interest in our market, thus driving prices even higher.<\/p>\n<p>If we look at the comparisons to this time last year, we shouldn&#8217;t be surprised to see that prices and interest has only continued to increase. With 4 less days on market and an average home price of over $106,000 more, year-over-year, GTA\u00a0buyers are feeling the <a href=\"http:\/\/www.zoocasa.com\/toronto-on-real-estate\/\">Toronto real estate<\/a> heat this summer. And don&#8217;t forget that these high costs ripple into surrounding areas, including the <a href=\"http:\/\/www.zoocasa.com\/hamilton-on-real-estate\/\">Hamilton real estate listings<\/a>.<\/p>\n<p>That said, sellers should be diving into this market, as it&#8217;s unclear when this bubble will pop\u2014or if this is a bubble at all.<\/p>\n<p><a href=\"http:\/\/www.zoocasa.com\/blog\/wp-content\/uploads\/2016\/07\/Zoocasa-Fast-Facts-june-screen-02.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-6352 size-full\" src=\"http:\/\/www.zoocasa.com\/blog\/wp-content\/uploads\/2016\/07\/Zoocasa-Fast-Facts-june-screen-02.jpg\" alt=\"Zoocasa-Toronto-Real-Estate-Fast-Facts-June-2016\" width=\"1201\" height=\"601\" data-id=\"6352\" srcset=\"https:\/\/www.zoocasa.com\/blog\/wp-content\/uploads\/2016\/07\/Zoocasa-Fast-Facts-june-screen-02.jpg 600w, https:\/\/www.zoocasa.com\/blog\/wp-content\/uploads\/2016\/07\/Zoocasa-Fast-Facts-june-screen-02-300x150.jpg 300w, https:\/\/www.zoocasa.com\/blog\/wp-content\/uploads\/2016\/07\/Zoocasa-Fast-Facts-june-screen-02-768x384.jpg 768w, https:\/\/www.zoocasa.com\/blog\/wp-content\/uploads\/2016\/07\/Zoocasa-Fast-Facts-june-screen-02-1024x512.jpg 1024w, https:\/\/www.zoocasa.com\/blog\/wp-content\/uploads\/2016\/07\/Zoocasa-Fast-Facts-june-screen-02-750x375.jpg 750w\" sizes=\"auto, (max-width: 1201px) 100vw, 1201px\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Toronto Real Estate Board released their monthly stats, and the data shows a lot of the same as in previous months. Although the average price dropped by about $5,000 from May, and there were 100 less active listings, neither of those numbers give us much food for thought. It&#8217;s possible that the market is [&hellip;]<\/p>\n","protected":false},"author":27,"featured_media":6352,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"footnotes":""},"categories":[33],"tags":[892,891,890,401,893,605,593],"class_list":["post-6351","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-real-estate-news","tag-average-house-cost","tag-average-house-price","tag-data","tag-infographic","tag-number-of-sales","tag-toronto-real-estate-board","tag-treb"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Toronto Real Estate Fast Facts | June 2016: The Struggle is Real | Zoocasa Blog<\/title>\n<meta name=\"description\" content=\"The Toronto Real Estate Board released their monthly stats, and the data shows a lot of the same as in previous months. 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Although the average price dropped\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zoocasa.com\/blog\/toronto-real-estate-fast-facts-june-2016-the-struggle-is-real\/\" \/>\n<meta property=\"og:site_name\" content=\"Zoocasa Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Zoocasa\" \/>\n<meta property=\"article:author\" content=\"https:\/\/www.facebook.com\/zoocasa\" \/>\n<meta property=\"article:published_time\" content=\"2016-07-07T16:26:19+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2016-07-07T17:05:58+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.zoocasa.com\/blog\/wp-content\/uploads\/2016\/07\/Zoocasa-Fast-Facts-june-screen-02.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"600\" \/>\n\t<meta property=\"og:image:height\" content=\"300\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Zoocasa\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/twitter.com\/zoocasa\" \/>\n<meta name=\"twitter:site\" content=\"@Zoocasa\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Zoocasa\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.zoocasa.com\/blog\/toronto-real-estate-fast-facts-june-2016-the-struggle-is-real\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.zoocasa.com\/blog\/toronto-real-estate-fast-facts-june-2016-the-struggle-is-real\/\"},\"author\":{\"name\":\"Zoocasa\",\"@id\":\"https:\/\/www.zoocasa.com\/blog\/#\/schema\/person\/797314ca6279e6b154442b2f393e41b2\"},\"headline\":\"Toronto Real Estate Fast Facts | June 2016: The Struggle is Real\",\"datePublished\":\"2016-07-07T16:26:19+00:00\",\"dateModified\":\"2016-07-07T17:05:58+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.zoocasa.com\/blog\/toronto-real-estate-fast-facts-june-2016-the-struggle-is-real\/\"},\"wordCount\":192,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.zoocasa.com\/blog\/#organization\"},\"keywords\":[\"average house cost\",\"average house price\",\"data\",\"infographic\",\"number of sales\",\"Toronto Real Estate Board\",\"TREB\"],\"articleSection\":[\"Real Estate News\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.zoocasa.com\/blog\/toronto-real-estate-fast-facts-june-2016-the-struggle-is-real\/\",\"url\":\"https:\/\/www.zoocasa.com\/blog\/toronto-real-estate-fast-facts-june-2016-the-struggle-is-real\/\",\"name\":\"Toronto Real Estate Fast Facts | June 2016: The Struggle is Real | Zoocasa Blog\",\"isPartOf\":{\"@id\":\"https:\/\/www.zoocasa.com\/blog\/#website\"},\"datePublished\":\"2016-07-07T16:26:19+00:00\",\"dateModified\":\"2016-07-07T17:05:58+00:00\",\"description\":\"The Toronto Real Estate Board released their monthly stats, and the data shows a lot of the same as in previous months. 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