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Toronto Home Sales Jump 9.4% in June: What It Means for Buyers, Sellers & Landlords

  The GTA market just posted its strongest month of the year. Here's what the numbers actually mean if you're buying, selling, or renting out property in Ontario. 6,770 GTA home sales, June $1,058,658 Average selling price -5.4% MLS HPI, year-over-year The Toronto Regional Real Estate Board (TRREB) reported 6,770 home sales across the Greater Toronto Area in June 2026, up 9.4% from June 2025 and up 1.4% from May on a seasonally adjusted basis. That's the clearest sign yet that the slow start to 2026 is behind us — at least on the demand side. New listings tell the other half of the story. Only 17,282 new listings hit the market in June, a 12.9% drop from a year earlier, while active listings fell 13.5% year-over-year to 27,329. Buyers have less to choose from than they did last summer, even as more of them are shopping. A Market That's Quietly Tightening The sales-to-new-listings ratio — a key gauge of who holds the upper hand — climbed to about 39.2%, up from 37.2% in ...
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S&P/TSX Composite Hits New Highs: Canadian and U.S. Markets Rally



On March 21, 2024, the S&P/TSX composite index achieved a remarkable milestone, closing atnew all-time high. Simultaneously, U.S. markets continued their upward trajectory, setting records of their own.

Key Highlights:

  1. Canadian Market Surge:

    • The S&P/TSX composite index gained 41.55 points, reaching 22,087.26. This surpasses its previous record of 22,087.22 set in March 2022.
    • Tech and financial stocks played a pivotal role in driving this surge, reflecting investor confidence in these sectors.

  2. U.S. Market Momentum:

    • Across the border, U.S. markets also soared:
      • The Dow Jones industrial average climbed 306.46 points, closing at 39,818.59.
      • The S&P 500 index rose by 30.20 points, reaching 5,254.82.
      • The Nasdaq composite surged 97.44 points, closing at 16,466.85.

  3. Commodity Prices:

    • The Canadian dollar traded at 73.93 cents US, slightly higher than the previous day.
    • Crude oil experienced a dip, with the May contract down 91 cents at US$80.36 per barrel.
    • Natural gas also declined, with the May contract down four cents at US$1.81 per mmBTU.
    • Gold bucked the trend, rising by US$17.40 to US$2,178.40 per ounce.
    • Copper remained stable, down just a penny at US$4.05 per pound.

In summary, both Canadian and U.S. markets are riding high, fueled by optimism and robust economic indicators. Investors are closely monitoring developments as we navigate these record-breaking times.

Disclaimer: The information provided is for informational purposes only and does not constitute financial advice. Always consult with a qualified professional before making investment decisions.

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