Skip to Content News Archives Economy Energy Oil & Gas Renewables Electric Vehicles Mining Commodities Agriculture Real Estate Mortgages Mortgage Rates Finance Banking Insurance Fintech Cryptocurrency Work Wealth Smart Money Wealth Management Investor Personal Finance Family Finance Retirement Taxes High Net Worth FP Comment Executive Women Puzzmo Newsletters Financial Times Business Essentials More Innovation Information Technology FP500 Podcasts Small Business Lives Told Tails Told Shopping Financial Post Store Obituaries Place a Notice Advertising Advertising With Us Advertising Solutions Postmedia Ad Manager Sponsorship Requests Classifieds Place a Classifieds ad Working Profile Settings My Subscriptions Saved Articles My Offers Newsletters Customer Service FAQ News Economy Energy Mining Real Estate Finance Work Wealth Investor FP Comment Executive Women Puzzmo Newsletters Financial Times Business Essentials HomeReal EstateToronto home sales rebound in June though prices continue to slideThe benchmark home price was $940,800, down 5.39% from last yearLast updated 4 minutes ago You can save this article by registering for free here. Or sign-in if you have an account.Sold signs are displayed outside of homes in Whitby, Ont. Photo by Mark Sommerfeld/Bloomberg filesThe Toronto Regional Real Estate Board (TRREB) reported 6,770 homes changed hands through its MLS system in June, up 9.4 per cent year over year. The market continued to tighten, with new listings falling 12.9 per cent to 17,282.Subscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.Subscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one account.Share your thoughts and join the conversation in the comments.Enjoy additional articles per month.Get email updates from your favourite authors.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one accountShare your thoughts and join the conversation in the commentsEnjoy additional articles per monthGet email updates from your favourite authorsSign In or Create an AccountorThe benchmark home price was $940,800, down 5.39 per cent from June 2025.“After a slow start in the first quarter, we saw a marked improvement in home sales in the second quarter of this year,” 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.”Still, price declines were more widespread across the Greater Toronto Area in June. The city of Toronto’s composite benchmark home price came in at $934,000, down 4.3 per cent from a year earlier, while York Region’s decline was steeper at 7.3 per cent ($1,101,200) over the same period.SUBSCRIBER EXCLUSIVE: FP West: Energy Insider brings you behind the oilpatch’s closed doors with exclusive insights from insiders every Wednesday morning.By signing up you consent to receive the above newsletter from Postmedia Network Inc.A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of FP West: Energy Insider will soon be in your inbox.We encountered an issue signing you up. Please try againCondominiums continued to underperform, with prices dropping 8.2 per cent year over year across the region and more than 10 per cent in some municipalities, including Richmond Hill and Markham.TRREB’s chief information officer Jason Mercer said the pace of annual price declines has eased over recent 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,” he said.More to come… Join the Conversation This website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. Read more about cookies here. By continuing to use our site, you agree to our Terms of Use and Privacy Policy.