The number of home sales recorded over Canadian MLS® Systems rose 2.8% on a month-over-month basis in June 2025, building on the 3.5% gain recorded in May.

Over the past two months, the recovery in sales activity was led overwhelmingly by the Greater Toronto Area (GTA), where transactions, while remaining historically low, have rebounded a cumulative 17.3% since April.

“At the national level, June was pretty close to a carbon copy of May, with sales up about 3% on a month-over-month basis and prices once again holding steady,” said Shaun Cathcart, CREA’s Senior Economist. “It’s another month of data suggesting the anticipated rebound in Canadian housing markets may have only been delayed by a few months, following a chaotic start to the year; although with the latest 35% tariff threat, we’re not out of the woods yet.”

June Highlights:

• National home sales were up 2.8% month-over-month.
• Actual (not seasonally adjusted) monthly activity came in 3.5% above June 2024.
• The number of newly listed properties fell 2.9% on a month-over-month basis.
• The MLS® Home Price Index (HPI) was almost unchanged (-0.2%) month-over-month and was down 3.7% on a year-over-year basis.
• The actual (not seasonally adjusted) national average sale price was down 1.3% on a year-over-year basis.

https://www.crea.ca/media-hub/news/canadian-home-sales-up-again-in-june-national-prices-holding-steady/