Ontario MLS® home sales posted highest single month total since May 2024
Residential sales activity reported through the MLS® Systems of real estate boards in Ontario numbered 18,051 units in June 2026, up by 5.5% from June 2025.
Home sales were 2.3% above the five-year average and 12.3% below the 10-year average for the month of June.
On a year-to-date basis, home sales totalled 79,675 units over the first six months of the year. This was a minor decrease of 1.9% from the same period in 2025.
Nationally, home sales activity was up only 0.9% from year-ago levels in June 2026.
The MLS® Home Price Index (HPI) tracks price trends far more accurately than is possible using average or median price measures. The overall MLS® HPI composite benchmark price was $753,300 in June 2026, down by 4.6% compared to June 2025.
The benchmark price for single-family homes was $836,900, a decrease of 4.2% on a year-over-year basis in June. By comparison, the benchmark price for townhouse/row units was $592,200, a moderate decrease of 6.6% compared to a year earlier, while the benchmark apartment price was $491,500, falling by 8% from year-ago levels.
The average price of resale residential homes sold across the province in June 2026 was $831,595, a small reduction of 2.5% from June 2025.
The more comprehensive year-to-date average price was $824,118, decreasing by 3.2% from the first six months of 2025.
The national average price, by comparison, was essentially unchanged, up just 0.5% on a year-over-year basis to $696,078 in June 2026.
The number of new listings on MLS® Systems of real estate boards in Ontario was down by 5.5% from June 2025. There were 43,442 new residential listings in June 2026.
New listings were 2.6% above the five-year average and 7.5% above the 10-year average for the month of June.
Active residential listings numbered 75,759 units on the market at the end of June, a decrease of 5.1% from the end of June 2025.
Active listings were 23.6% above the five-year average and 41.6% above the 10-year average for the month of June.
Months of inventory numbered 4.2 at the end of June 2026, down from the 4.7 months recorded at the end of June 2025 and above the long-run average of 2.7 months for this time of year. The number of months of inventory is the number of months it would take to sell current inventories at the current rate of sales activity.
The dollar value of all home sales in the province in June 2026 was $15 billion, a modest gain of 2.9% from the same month in 2025.
1 Oakville-Milton, Greater Toronto
2 Cornwall, Kingston and Area, Ottawa, Renfrew County, Rideau-St. Lawrence
3 Bancroft & District, Barrie & District, Kawartha Lakes, Lakelands, Northumberland Hills, Peterborough and the Kawarthas, Quinte & District
4 North Bay, Sault Ste. Marie, Sudbury, Thunder Bay, Timmins, Cochrane & Timiskaming Districts
5 Brantford Region, Guelph & District, Hamilton-Burlington, Kitchener-Waterloo, Niagara Region, Simcoe, and Cambridge
6 Chatham-Kent, Grey Bruce Owen Sound, Huron Perth, London & St. Thomas, Sarnia-Lambton, Windsor-Essex, Woodstock-Ingersoll-Tillsonburg
BOARD & ASSOCIATION INFORMATION
The Ontario Real Estate Association represents nearly 100,000 brokers and salespeople who are members of the 29 real estate boards throughout the province. OREA serves its REALTOR® members through a wide variety of support services, educational programs, advocacy, standard forms, and other offerings.
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Jean-Adrien Delicano
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JeanAdrienD@orea.com
Cathy Polan
