Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$1,058,658
MoM −$11,042 −1.0% down $11,042, 1.0% versus May 2026 YoY −3.9% down 3.9% versus June 2025
Source: TRREB MarketWatch, June 2026
Greater Toronto Area · TRREB MarketWatch
GTA Real Estate Market Report
June 2026
In June 2026 the average selling price across the Greater Toronto Area edged down 1.0% to $1,058,658 versus May 2026, and sales edged up 2.8% to 6,770.
Headline indicators
All TRREB areas · all home types
Median price — The midpoint sale price. Less affected by a few very high or low sales than the average.
$890,000
MoM −$20,000 −2.2% down $20,000, 2.2% versus May 2026 YoY −6.3% down 6.3% versus June 2025
MLS® HPI benchmark — Quality-adjusted price for a typical home. The cleanest like-for-like price signal.
$940,800
MoM −$5,700 −0.6% down $5,700, 0.6% versus May 2026 YoY −5.4% down 5.4% versus June 2025
Sales — Firm transactions reported through the MLS® System during the month.
6,770
MoM +187 +2.8% up 187, 2.8% versus May 2026 YoY +8.4% up 8.4% versus June 2025
Dollar volume — Total value of all sales in the month.
$7.17B
MoM +$125,276,350 +1.8% up $125,276,350, 1.8% versus May 2026 YoY +4.2% up 4.2% versus June 2025
New listings — Properties newly listed during the month.
17,282
MoM −416 −2.4% down 416, 2.4% versus May 2026 YoY −12.9% down 12.9% versus June 2025
Active listings — Listings available at month end.
27,329
MoM +402 +1.5% up 402, 1.5% versus May 2026 YoY −13.5% down 13.5% versus June 2025
Avg. LDOM — Average days on market for the current listing. Not reported before 2020.
29
MoM +2 days +7.4% up 2 days, 7.4% versus May 2026 YoY +11.5% up 11.5% versus June 2025
Avg. PDOM — Average days on market across the property’s consecutive listings. Not reported before 2020.
42
MoM no change no change versus May 2026 YoY no change no change versus June 2025
Avg. SP/LP — Average sale price as a share of list price. Above 100% means competing offers were common.
98%
MoM no change no change versus May 2026 YoY no change no change versus June 2025
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
39.2%
MoM +2.0 pp +5.3% up 2.0 pp, 5.3% versus May 2026 YoY +24.5% up 24.5% versus June 2025
Months of inventory — Active listings divided by monthly sales — how long the current stock would take to sell. Computed here, not TRREB’s trend figure.
4.0
MoM −0 −1.3% down 0, 1.3% versus May 2026 YoY −20.3% down 20.3% versus June 2025
The month in 60 seconds
- Across all TRREB areas, sales edged up 2.8% to 6,770 versus May 2026.
- Across all TRREB areas, new listings edged down 2.4% to 17,282 versus May 2026.
- Across all TRREB areas, the median selling price edged down 2.2% to $890,000 versus May 2026.
- Across all TRREB areas, active listings edged up 1.5% to 27,329 versus May 2026.
- Across all TRREB areas, the average selling price edged down 1.0% to $1,058,658 versus May 2026.
Generated from the figures above. Ordered by size of month-over-month move.
Economy
Indicators published with this edition
Real GDP growth
-0.1%
Q1 2026
Toronto employment growth
0.7%
May 2026
Toronto unemployment rate
7.6%
May 2026
Inflation (CPI, year-over-year)
3.2%
May 2026
Bank of Canada overnight rate
2.3%
June 2026
Prime rate
4.5%
June 2026
1-year mortgage rate
5.49%
June 2026
3-year mortgage rate
6.05%
June 2026
5-year mortgage rate
6.09%
June 2026
By home type
All TRREB areas
| Home type | Sales | MoM | Average price | MoM | YoY |
|---|---|---|---|---|---|
| Detached | 3,256 | +20 +0.6% up 20, 0.6% versus May 2026 | $1,364,204 | +$6,073 +0.4% up $6,073, 0.4% versus May 2026 | −2.0% down 2.0% |
| Semi-detached | 617 | +9 +1.5% up 9, 1.5% versus May 2026 | $1,038,973 | −$28,699 −2.7% down $28,699, 2.7% versus May 2026 | −4.7% down 4.7% |
| Att/row/townhouse | 619 | −44 −6.6% down 44, 6.6% versus May 2026 | $912,380 | −$4,094 −0.4% down $4,094, 0.4% versus May 2026 | −5.5% down 5.5% |
| Condo townhouse | 463 | +12 +2.7% up 12, 2.7% versus May 2026 | $753,933 | +$24,852 +3.4% up $24,852, 3.4% versus May 2026 | −0.9% down 0.9% |
| Condo apartment | 1,714 | +179 +11.7% up 179, 11.7% versus May 2026 | $630,688 | −$8,780 −1.4% down $8,780, 1.4% versus May 2026 | −9.4% down 9.4% |
| Link | 79 | +7 +9.7% up 7, 9.7% versus May 2026 | $909,515 | −$15,516 −1.7% down $15,516, 1.7% versus May 2026 | −4.4% down 4.4% |
| Co-op apartment | 11 | +6 +120.0% up 6, 120.0% versus May 2026 | $820,707 | +$115,207 +16.3% up $115,207, 16.3% versus May 2026 | +34.8% up 34.8% |
| Detached condo | 7 | −1 −12.5% down 1, 12.5% versus May 2026 | $956,571 | +$41,571 +4.5% up $41,571, 4.5% versus May 2026 | +0.0% up 0.0% |
| Co-ownership apartment | 4 | −1 −20.0% down 1, 20.0% versus May 2026 | $452,250 | −$9,850 −2.1% down $9,850, 2.1% versus May 2026 | −25.2% down 25.2% |
Average price by home type
13 months to June 2026
| Month | Detached | Semi-detached | Att/row/townhouse | Condo townhouse | Condo apartment |
|---|---|---|---|---|---|
| Jun '25 | 1392033 | 1089751 | 965792 | 761106 | 696424 |
| Jul '25 | 1361660 | 1041359 | 929524 | 743469 | 651483 |
| Aug '25 | 1312240 | 980102 | 946395 | 739341 | 642195 |
| Sep '25 | 1359030 | 1015543 | 947928 | 747658 | 655231 |
| Oct '25 | 1355506 | 1033770 | 935042 | 735123 | 660208 |
| Nov '25 | 1346017 | 997499 | 913078 | 718191 | 663290 |
| Dec '25 | 1302980 | 957357 | 972915 | 723920 | 628029 |
| Jan '26 | 1277915 | 945967 | 914738 | 697599 | 604759 |
| Feb '26 | 1325654 | 1027376 | 930779 | 748500 | 626650 |
| Mar '26 | 1342375 | 1008246 | 931740 | 739365 | 620479 |
| Apr '26 | 1372688 | 1033469 | 939197 | 704847 | 635653 |
| May '26 | 1358131 | 1067672 | 916474 | 729081 | 639468 |
| Jun '26 | 1364204 | 1038973 | 912380 | 753933 | 630688 |
Movers this month
Ranked across 55 of the 55 required areas · minimum 10 sales to qualify
Average price, month-over-month
Top 5
- Toronto C12 +58.9% up 58.9%
- Toronto C13 +24.2% up 24.2%
- King +24.1% up 24.1%
- Toronto C02 +15.2% up 15.2%
- Toronto W01 +9.1% up 9.1%
Bottom 5
- Toronto C09 −28.0% down 28.0%
- Toronto W07 −20.7% down 20.7%
- Toronto W06 −19.1% down 19.1%
- Toronto W09 −18.0% down 18.0%
- Toronto E08 −16.8% down 16.8%
Sales, month-over-month
Top 5
- Toronto W07 +50.0% up 50.0%
- Georgina +49.1% up 49.1%
- Toronto E05 +46.1% up 46.1%
- Toronto E11 +44.8% up 44.8%
- Toronto E08 +44.4% up 44.4%
Bottom 5
- Toronto C12 −30.0% down 30.0%
- Toronto W04 −29.2% down 29.2%
- Toronto W10 −28.9% down 28.9%
- Toronto W09 −27.3% down 27.3%
- Ajax −25.0% down 25.0%
Areas below the sales threshold are excluded — with a handful of sales, a couple of transactions can invent a swing that is not a market move.
Market balance
Sales-to-new-listings and months of inventory, computed from this month’s counts
All TRREB areas
SNLR
39.2%
prior month 37.2%
Months of inventory
4.0
All TRREB areas reads differently on the two balance measures — a buyer's market at 39.2% sales-to-new-listings, but balanced conditions at 4.0 months of inventory. They measure different things, so the split is worth noting.
City of Toronto (416)
SNLR
40.1%
prior month 37.1%
Months of inventory
4.1
City of Toronto (416) sits in balanced conditions: 40.1% of new listings sold and 4.1 months of inventory on hand.
905 total
SNLR
38.7%
prior month 37.2%
Months of inventory
4.0
905 total reads differently on the two balance measures — a buyer's market at 38.7% sales-to-new-listings, but a seller's market at 4.0 months of inventory. They measure different things, so the split is worth noting.
These are computed here from the month’s raw counts. TRREB also publishes its own trend-smoothed SNLR and months-of-inventory figures, which are shown separately on the area pages and are not the same measure.
Where I work
Downtown TorontoMidtownScarboroughYork RegionDurham Region
Downtown
$791,264
- Sales
- 481
- SNLR
- 39.8%
- MOI
- 4.6
Aggregated across 2 districts · View →
Midtown
$1,631,003
- Sales
- 354
- SNLR
- 45.1%
- MOI
- 3.6
Aggregated across 6 districts · View →
Scarborough
$801,867
- Sales
- 384
- SNLR
- 39.4%
- MOI
- 4.0
Aggregated across 8 districts · View →
York Region
$1,169,958
- Sales
- 1,289
- SNLR
- 39.1%
- MOI
- 4.1
Region total · View →
Durham Region
$856,170
- Sales
- 849
- SNLR
- 41.4%
- MOI
- 3.1
Region total · View →
Average price for a multi-district group is weighted by dollar volume, not an average of averages — that would give a district with three sales the same weight as one with three hundred.