TORONTO — The GTA new home market slowed in June and sales fell significantly below the 10-year average.
There were 569 single-family home sales in June, up 256 per cent from June 2022 but 49 per cent below the 10-year average. Increased inventory had a softening impact on prices. The benchmark price for new condominium apartments was $1,090,494, which was down 8.4 per cent over the last 12 months.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: