Diane  Adler

Diane Adler

Sales Representative

Royal LePage Realty Plus, Brokerage*

905 828 6550
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Toronto Real Estate Board June Marketwatch Report

GTA  Home Sales in June 2024 were down 16.4% at 6,213 sales compared to 7,429 in June  2023 when there was a temporary resurgence in market activity.   Home buyers are waiting for relief on mortgage rates.   Population growth and a resilient regional economy continued to support the overall demand for housing.

New listings were up again June  at  12.3% at 17,964 compared to 15,995 in June  2023 making it a well supplied market and giving buyers more choice.   Active listings at the end of June were 21,760 compared to 11,869 in  May 2023  which was a substantial increase of 83.3% giving buyers more negotiating room on prices. 

Average sales price dropped by  1.6% from $1,181,002 in June  2023 to $1,162,167 in June  2024.  

Average days on the market for June  was 20 days compared to 14 days in June  2023   - an increase  of  42.9%

For complete reports Click Here



mw2406.pdf1.32 MB

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