Greater Toronto Area home sales rose 9.4% year over year in June 2026, with inventory tightening and improving affordability driving renewed price growth expectations. New listings dropped 12.9%, and active inventory fell 13.5%. Detached, townhouse, and semi-detached sales all increased. Condo prices are near late-2019 levels, improving affordability, but single-detached homes remain costly, consuming over 80% of pre-tax income. Development charges remain a significant barrier to affordability.