06/05/2026
📢 May’s housing market update is here!
The GTA resale market showed renewed momentum in May, with sales climbing 6.3% year-over-year to 6,583 transactions. The average selling price reached $1,069,700, up 1.69% from April, but still 4.6% lower than May 2025.
New listings dropped 18.9% compared to last year, while homes averaged 27 days on market, showing tighter conditions heading into the summer.
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