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.

  • Dogs Grab Big Point in Owen Sound

    Stephen Dhillon made 40 saves, many of the unbelievable variety as the IceDogs took a point out of Owen Sound, falling 3-2 in a shootout. A pair of third period goals got the Dogs into overtime.
  • Colton Incze Oustanding in Defeat

    Colton Incze was outstanding in goal but it wasn't enough as the IceDogs lost 3-1 in Mississauga. Getting the start against the league's top rated power-play, Incze made several great stops at the Steelheads went 1 for 14 with the man advantage.
  • IceDogs Dominate Battalion 6-1

    The IceDogs got contributions from 6 different goal scorers in a 6-1 win on home ice over North Bay. The Dogs have now won two of their past three and are just four points out of top spot in the Central Division of the OHL.