TORONTO, ONTARIO, July 4, 2024 – June 2024 home sales in the Greater Toronto Area (GTA) were lower
compared to the same month last year, according to the Toronto Regional Real Estate Board (TRREB).
Despite the Bank of Canada rate cut at the beginning of last month, many buyers kept their home purchase
decisions on hold. The market remained well-supplied, resulting in a slight dip in the average selling price
compared to June 2023.
