Greater Toronto Area REALTORS® reported 11,992 sales in June, an 18.4 per cent increase over the same time last year and a new record high for the month of June. While new listings were up 6.7 per cent over last year, active listings remain low, falling 13.1 per cent from last June. Tight supply and high sales led to another increase in the average selling price which now sits at $639,184, up 12.3 per cent over the same period last year.
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