June Markham home sales up, listings down

Greater Toronto Area (GTA) housing market conditions continued to improve in June, with sales growing quite strongly year-over-year (Y-O-Y) 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 per cent compared to June 2025. New listings entered into the MLS System amounted to 17,282 – down by 12.9 per cent year-over-year. Locally, Markham June Y-O-Y listings were down from 833 to 794. Stouffville June Y-O-Y listings were also down from 209 to 170.