Hello! Here are the June 2026 real estate market stats
Mississauga and GTA real estate market in June 2026 picked up pace in comparison to the same time a year ago.
Number of sales was 9.4% higher than a year ago.
The average home price was lower by 3.9%! than a year ago.
Sales were up in most categories except for semi-detached houses and townhouses in 416 area.
The biggest decrease in sales (-3.2%) was in semi-detached category in 416 area.
The biggest increase in sales (+14.3%!!) was in condo category in both 416 and 905 areas.
Please have a look below
Source: Market Watch, TRREB
The average house price was down by 3.9% comparing to June of last year, and in terms of dollars, it was $43,196 lower!!.
The average house price, comparing to the previous month in terms of dollars went down by $11,042!
Please have a look below.
Source: Market Watch, TRREB
Summary
- The GTA real estate market got more active in June 2026.
- The average house price was over $43,000 lower in June 2026 than a year ago, and also over $11,000 lower comparing to the previous month.
- Discounted mortgage interest rates went down insignificantly, and posted interest rates remained unchanged.
~ T h i s M o n t h ~
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Mississauga & GTA Real Estate Market Watch
- Current Interest Rates
GTA Realtors® Release June 2026 Stats
TORONTO, ONTARIO, July 3, 2026 – Greater Toronto Area (GTA) housing market conditions continued to improve in June, with sales growing quite strongly year-over-year while new listings declined over the same period. For the first half of 2026, sales have also edged higher compared to the first six months of 2025, with new listings down substantially.
“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. 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,” said TRREB President Daniel Steinfeld.
“While the average selling price was still down year-over-year in June, the annual rate of decline has receded over the past few months. If market conditions continue to tighten in the second half of 2026, selling prices could move in line with 2025 and eventually post some increases. This would give an increasing number of households the confidence to move back into the marketplace,” said TRREB’s Chief Information Officer Jason Mercer.
GTA REALTORS® reported 6,770 home sales through TRREB’s MLS® System in June 2026 – an increase of 9.4 per cent compared to June 2025. New listings entered into the MLS® System amounted to 17,282 – down by 12.9 per cent year-over-year.
On a seasonally adjusted basis, June 2026 home sales were up month-over-month compared to May 2026, while new listings were down, suggesting that market conditions have tightened through the spring.
The MLS® Home Price Index (MLS® HPI) Composite benchmark was down by 5.4 per cent year-over-year in June 2026. The average selling price, at $1,058,658, was down by 3.9 per cent compared to June 2025.
On a month-over-month seasonally adjusted basis, both the average selling price and MLS® HPI Composite were up slightly compared to May 2026.
“Housing affordability remains a priority for the region. Development charges, while essential to funding local infrastructure, have substantially increased the upfront cost of housing delivery. This, in turn, contributes to higher purchase prices and rental costs as they can amount to up to 20 per cent of a home’s purchase price. The Canada-Ontario DC Reduction Program presents a meaningful opportunity for municipalities to reduce these charges while accessing provincial funding to offset related fiscal impacts,” said TRREB CEO John DiMichele.
Source: Market Watch, TRREB
Mississauga & GTA Home Sales
June 2025 - June 2026 Comparison
Average house price was down by $43,196, number of sales was up by 579 units, time to sell a house was the same.
Mississauga & GTA Home Sales
May 2026 - June 2026 Comparison
Average house price was lower by $11,042, number of house sales was higher by 187 units, time to sell was the same.
Current Interest Rates
Rates quoted by Invis Canada are subject to change up↑ or down↓ without notice.
| Quote of the Month Courage is the first of human qualities because it is the quality which guarantees all others. ~ Winston Churchill ~
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Sales and Average Price Up in Calendar Year 2013
January 6, 2014 – Greater Toronto Area REALTORS® reported 4,078 residential
transactions through the TorontoMLS system in December 2013 – up by almost 14 per cent
compared to 3,582 sales reported in December 2012. New listings entered into the
TorontoMLS system were down by almost four per cent over the same period.
Total sales for calendar year 2013, at 87,111, were up by approximately two per cent
compared to 85,496 transactions in calendar year 2012.
“After a slow start to the year, sales growth accelerated to a brisk pace in the second half
of 2013. Despite the inclement weather in December, we finished the year with a
respectable gain in transactions compared to 2012. Looking forward, I believe that home
ownership in the GTA will remain affordable as borrowing costs stay low. The result could
be a further increase in sales in 2014,” said Toronto Real Estate Board President Dianne
Usher.
“The average selling price will be up again in 2014 and by more than the rate of inflation.
The seller’s market conditions that drove price growth in the second half of 2013 will
remain in place in many parts of the GTA. Some neighbourhoods, especially those
characterized by low-rise home types like singles, semis and townhomes, will continue to
have less than two months of inventory,” said Jason Mercer, TREB’s Senior Manager of
Market Analysis.
The average selling price for December 2013 sales was $520,398 – up by 8.9 per cent
compared to the average of $477,756 in December 2012.
The average selling price for 2013 as a whole was $523,036, which represented an increase
of 5.2 per cent compared to the calendar year 2012 average of $497,130.