June home sales fall 6.7 per cent: biggest monthly decline since 2010

The Canadian Real Estate Association says home sales in June posted their largest monthly drop since 2010,  with the Greater Toronto market leading the decline.  

The association says sales for June were down 6.7 per cent compared with May on a national basis, with month-over-month declines in 70 per cent of all local markets. 

 It says the Greater Toronto area showed the biggest drop.

Compared with a year ago, Canadian national sales in June were down 11.4 per cent.  

The national average price for a home sold in June was $504,458, up 0.4 per cent from a year ago.   

Excluding Greater Vancouver and Greater Toronto, the national average price was $394,660.

  • Incze Shines as IceDogs Edged in Barrie

    Colton Incze stood on his head, making 40 saves Saturday night, as the IceDogs fell 3-1 in Barrie. The game’s first star had to make 18 saves in the second period alone.
  • Third Period Attack Drops IceDogs 6-3

    A night of deflections went the way of the visitors as the IceDogs fell 6-3 to visiting Owen Sound. In the 'Dogs first game in a 6 game in 9 days stretch, the home side was unable to hold a third period one goal lead.
  • IceDogs Road Swing Wears Down Offence

    The IceDogs could not repeat Saturday's third period magic falling 2-0 Sunday afternoon in Windsor. The game's only two goals came in the last eleven minutes of play.