Toronto real estate shows slow improvement with June sales rising 8.4% to 6,770 units, the best June in three years but still 23.6% below 2019 levels. Home prices fell 0.6% to $940,800, down 5.4% from last year and 26.5% below peak. New listings dropped 12.9% to 17,280, tightening inventory, yet active listings remain high. The market remains a buyer’s market with a sales-to-new-listings ratio of 36.5%, below the balanced threshold.