{"id":1795,"date":"2026-07-04T08:01:51","date_gmt":"2026-07-04T13:01:51","guid":{"rendered":"https:\/\/www.realestategtatoday.ca\/index.php\/2026\/07\/04\/gta-sales-surge-9-4-is-the-market-finally-turning-a-corner\/"},"modified":"2026-07-04T08:01:51","modified_gmt":"2026-07-04T13:01:51","slug":"gta-sales-surge-9-4-is-the-market-finally-turning-a-corner","status":"publish","type":"post","link":"https:\/\/www.realestategtatoday.ca\/index.php\/2026\/07\/04\/gta-sales-surge-9-4-is-the-market-finally-turning-a-corner\/","title":{"rendered":"GTA Sales Surge 9.4%: Is the Market Finally Turning a Corner?"},"content":{"rendered":"<p>The Greater Toronto Area housing market is showing surprising signs of life. New data for June reveals a 9.4% year-over-year increase in home sales, with 6,770 properties changing hands. While transaction volume is climbing, the market remains in a delicate transition; average prices dipped 3.9% year-over-year to $1,058,658, as inventory continues to tighten with a 13.5% drop in active listings. Industry experts, including TRREB president Daniel Steinfeld, suggest that the spring and early summer have provided the first signals of a recovery, though a true price floor remains elusive. Many potential sellers are opting to rent out their homes rather than accept current market valuations, creating a unique supply-demand tension. For a deeper dive into these shifting dynamics and what they mean for your next move, read the full report at BNN Bloomberg.<\/p>\n<p><!-- RealEstateToday Source Article --><\/p>\n<div style=\"display:none\" data-original-url=\"https:\/\/www.bnnbloomberg.ca\/business\/real-estate\/2026\/07\/03\/greater-toronto-home-sales-up-94-in-june-as-board-predicts-price-growth-could-come\/\"><\/div>\n<p><em>Source: <a href=\"https:\/\/www.bnnbloomberg.ca\/business\/real-estate\/2026\/07\/03\/greater-toronto-home-sales-up-94-in-june-as-board-predicts-price-growth-could-come\/\" target=\"_blank\" rel=\"noopener\">Read the original article<\/a><\/em><\/p>\n<p><!-- RealEstateToday Instagram Handles --><\/p>\n<div style=\"display:none\" data-instagram-handles=\"@trreb,@royallepage\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>GTA home sales are up 9.4%, but are we near a price bottom? Discover the latest market trends and what the experts are saying about the road ahead.<\/p>\n","protected":false},"author":2,"featured_media":1794,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[178,206],"tags":[224,182,221,223,207],"class_list":["post-1795","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-data","category-residential","tag-condo-market","tag-gta","tag-housing-prices","tag-real-estate-market","tag-toronto"],"_links":{"self":[{"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/posts\/1795","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/comments?post=1795"}],"version-history":[{"count":0,"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/posts\/1795\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/media\/1794"}],"wp:attachment":[{"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/media?parent=1795"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/categories?post=1795"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/tags?post=1795"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}