Greater Toronto Area home sales rose 6.3% year over year in May 2026, with a 10% month-over-month increase, while new listings fell 18.9%, tightening market conditions. Despite higher sales, prices remained down 4.6% year over year but showed slight monthly gains. Lower inventory and sustained sales growth suggest prices may stabilize and rise by 2027. New legislation aims to ease housing supply constraints.
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- Address: 305 Milner Ave Unit # 312, Toronto, ON M1B 3V4, Canada. Get Direction - Google Map
- Contact Name: Sivage Sivagumaran
- Phone: +1 416-553-8902
- Email: sivagehomes@sivage.ca
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