There’s a little more energy in the market these days, and the numbers back it up.
June brought another month of steady improvement across the GTA.
Home sales increased 8.1% compared to last year, while new listings declined 8.7%, giving buyers fewer homes to choose from. The average selling price also rose to just over $1.1 million, a sign that confidence is gradually returning to the market.
We’re seeing what feels like a true late spring market. Buyers still have opportunities, but they’re no longer the only ones with the advantage. Well-priced homes are attracting strong interest, while homes that miss the mark on price or presentation are continuing to sit.
The biggest takeaway?
Strategy matters more than timing.
Whether you’re thinking about buying, selling, or simply wondering what your home might be worth in today’s market, it’s important to look beyond the headlines. Every neighbourhood is performing a little differently, and understanding your local market is what leads to the best decisions.
Behind the Scenes
One of the biggest changes we’ve noticed over the past few weeks isn’t showing up in a single statistic. It’s the energy.
There’s simply more happening.
More buyers are booking showings. More offers are being submitted. We’re even starting to see multiple-offer situations again on homes that are priced and presented well. It doesn’t mean every property is selling overnight, but it does mean buyers are becoming more confident and they’re acting when the right home comes along.
It finally feels like the late spring market has arrived.
Earlier this year, many buyers were hesitant. They were watching interest rates, waiting for more inventory, and hoping for the perfect opportunity. Today, that hesitation has started to fade. Buyers still want value, but they’re more comfortable making decisions when the right property hits the market.
For sellers, that’s encouraging news, but it’s also a reminder that preparation still matters. The homes generating the most attention aren’t just listed. They’re positioned well from the start, with the right pricing, thoughtful presentation, and a marketing strategy designed to stand out.
Every market has a turning point. While we’re not back to the pace of the pandemic years, we’re seeing a healthier, more active market than we did just a few months ago, and that’s creating opportunities for both buyers and sellers who are ready to make their move.
What’s On
Escape to the Lavender Fields
Looking for a summer day trip? Just outside the city, Avalon Lavender Farm offers a beautiful escape filled with blooming lavender fields, scenic walking trails, friendly farm animals, and plenty of photo-worthy moments.
Treat yourself to their popular High Tea in the Lavender Field (reserve early as it sells out each year), enjoy a complimentary 6 PM yoga class with any ticket, browse the restored Heritage Barn, or simply relax and take in the peaceful surroundings. Best of all, children 10 and under are free, making it a great outing for the whole family.
Click here to learn more, view ticket options, and plan your visit.
Thanks for being part of the CHK community. We truly appreciate your trust and support, and we’re always here whenever you need us.
Whether you prefer to call, text, email, or reach out on socials, we’re just a message away, ready to help with all your real estate needs.
Until next time,
Corrie
