June home sales were up compared to last year but fell short of the peak reported in March 2021. The average sale price increased by double digits over the same time last year but seems to have leveled off in comparison to the last three months. Year-over-year growth in the number of sales outpaced the growth in new listings over the same time period. This shows that there has been a continuation of tight market conditions as evidenced by the steady buyer competition and strong price growth. When looking at the month-over-month stats, both actual and seasonally adjusted average prices edged lower in June in most markets.
Here is a glimpse at what The Toronto Real Estate Board REALTORS through TREB's MLS System has released in York and Simcoe Region for the month of
The average sales price is down slightly compared to May 2021 with a -4.07% decrease and up +13.53% compared to June 2020!
The number of sales has dropped slightly -8.07% from May 2021
The number of sales year over year are up +48.82% from June 2020!
The average sales price is up slightly +5.16% compared to May 2021, and up an incredible +42.40% compared to June 2020!
The number of sales have dropped -13.54% from May 2021!
The number of sales year over year have also dropped -9.68% from June 2020!
Here are the numbers:
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