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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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Vatican Prepares for Historic Conclave with Chimney Installation

 

 As the world awaits the election of a new pope, Vatican workers have installed the iconic chimney atop the Sistine Chapel, a crucial step in the preparations for the upcoming conclave. This chimney will serve as the conduit for the traditional smoke signals that inform the world of the voting progress.

The conclave, set to begin on May 7, will see 133 cardinal electors gather in secrecy to cast their votes for the next leader of the Catholic Church. The ballots will be burned in a special stove, producing either black smoke to indicate no decision or white smoke to announce the election of a new pope. Thousands are expected to gather in St. Peter’s Square, eagerly watching the chimney for the historic signal.

This centuries-old tradition remains one of the most anticipated moments in Vatican history, symbolizing the transition of leadership within the Church. As the cardinals prepare for their solemn duty, the world watches with anticipation, awaiting the moment when white smoke rises, signaling the arrival of a new pontiff.

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