Prices Aren't Working

Toronto Real estate prices are still not working for buyers, sellers, or the people trying to spin this market as “tightening.” In June, Toronto’s benchmark price dropped again, average and median prices fell, and months of inventory remained at the highest level for June in at least the past 13 years. Sales were up from the worst levels, but still weak historically, while active listings remained extremely elevated. At the same time, Toronto’s condo market is dealing with shadow inventory, private discounts, assignment losses, and reports of developers offering big price cuts behind non-disclosure agreements. So while the headlines keep pointing to “pent-up demand” and a market recovery just around the corner, the actual data still looks a lot more buyer-friendly than seller-friendly. #torontorealestate #torontonews #gtahousingmarket Links: GTA housing market showing growing confidence in buyers despite fewer listings:    • GTA housing market showing growing confide...   Is now the right time to buy a house?:    • Is now the right time to buy a house?   Market Watch Minute Video with Jason Mercer [June 2025]:    • Market Watch Minute Video with Jason Merce...   Mark Mitchell – Mortgage Broker London Ontario 920 Commissioners road east London, Ontario N5Z 3J1 Phone: (519)860-2102 (Call or Text) [email protected] Brokerage Lic: 10464 Broker Lic: M16001479 https://www.LondonOntarioMortgages.ca – Apply Online!! Youtube Channel:    / markmitchellmortgagebrokerlondonontario   Subscribe NOW for more Mortgage/Financial News/Videos. Follow me on Social Media: Instagram -   / mortgagebrokerlondonontario   Facebook -   / londonontariomortgages   Twitter -   / londonmortgage1   LinkedIn -   / mark-mitchell-london-s-mortgage-broker-197...   TikTok - https://www.tiktok.com/@mortgagebroke...