By now, most of you watching the market will have read that sales in the Greater Toronto Area were up in June, compared with a year ago, while prices continued to decline. But why did that happen? The inventory behind the market is what tells the real story.<\/p>\n\n\n\n
In June, a larger share <\/em>of the homes on the market across the GTA sold than a year earlier, and yet the typical sale price kept drifting lower. That pairing says more about where the market is heading than the raw sales count on its own.<\/p>\n\n\n\n A bigger proportion of homes are selling<\/strong><\/p>\n\n\n\n HouseSigma tracks the sales-to-active-listings ratio (see interactive infographic below), which is the share of active listings that sell in a given month. In June it came in at 23.6% across the GTA, up from 18% in June 2025. The ratio had dipped to 15.7% back in January before climbing through the spring and settling into the low twenties. In plain terms, sellers who had a home listed in June had a better chance of finding a buyer than they would have a year ago.<\/p>\n\n\n \n