Real Estate Market June 2026

08 Jul Real Estate Market June 2026

Your June 2026 real estate market update is here! Covering Oakville, Burlington, Hamilton and the surrounding areas.

Highlights of the real estate market from TREBB:

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% compared to June 2025. New listings entered into the MLS® System amounted to 17,282 – down by 12.9% 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% year-over-year in June 2026. The average selling price, at $1,058,658, was down by 3.9% 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.

Highlights of the real estate market from Cornerstone (Hamilton-Burlington):

Hamilton-Burlington-Haldimand-Niagara North June 2026 Statistics
“Sales activity rebounded in the Hamilton-Burlington area market in June, with an overall 5.4% increase year-over-year. In contrast, the number of new listings coming to market continues to decline compared with last year’s levels, which has reduced the available inventory,” said Bill Duce, CEO of Cornerstone. “With the Home Price Index (HPI) showing a slight month-over-month dip, and a modest year-over-year decline, there are opportunities for both buyers and sellers in this market, which is why it’s important to work with a local REALTOR® who understands the nuances of each area.”

Questions about buying or selling? Reach out anytime, I’d be happy to discuss the market with you!

All the latest home prices and statistics by property type and city below!

Sources for Real Estate Market Update for June 2026: Toronto Regional Real Estate Board and Cornerstone Association of REALTORS®