June 2024 Real Estate Market Update

GTA REALTORS® reported 6,213 home sales through TRREB’s MLS® System in June 2024 - a 16.4 per cent decline compared to 7,429 sales reported in June 2023. New listings entered into the MLS® System amounted to 17,964 - up by 12.3 per cent year-over-year.
The MLS® Home Price Index Composite benchmark was down by 4.6 per cent on a year-over-year basis in June 2024. The average selling price of $1,162,167 was down by 1.6 per cent over the June 2023 result of $1,181,002. On a seasonally adjusted monthly basis, both the MLS® HPI Composite and the average selling price were up compared to May 2024.
Visit www.TeamZold.com for more details or contact Vanessa Oliveira at [phone] or [e-mail]