GTA Market Stats for June 2016

13 July 2016
Life and the City

June was another amazing month for Toronto real estate! We had lots of ‘BEST NUMBERS EVER’ and significant milestones.

Here’s what happened!

  • Highest number of overall sales for the month of June
  • Highest ever ratio of sales-to-listings
  • Listings were down 31% from June 2015
  • Most condo sales in ANY month
  • 16.8% average sale price increase from one year ago
  • HUGE $107,000 increase in the June average sale price compared to June 2015
  • Toronto condo and house prices are diverging at an increasing rate – almost 20% year-over-year price increases for detached and semi-detached houses versus 7% for condos

The infographics below illustrate the June 2016 real estate market stats for districts throughout the GTA. This interactive map identifies the area each district covers.

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All Districts

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Downtown Condos

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North-Central Districts

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South-Central Districts

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East Districts

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Watch RE/MAX Hallmark's June 2016 Toronto Market Report: