GTA Housing Market Slows and Tightens | Toronto News

The GTA housing market cooled slightly in July, with a 0.9% year-over-year drop in home sales—but a 3.2% month-over-month bump after adjusting for seasonality. Average prices fell 4.5% to just over $1 million, and benchmark pricing dipped 4.6%. Inventory tightened sharply, with active listings down 12.1% and new listings nearly 18% lower than last year, leaving buyers with less leverage and fewer options as the market recalibrates. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/aed76134742d5930