The June 2026 residential real estate market statistics are now in from WECAR (The Windsor/Essex County Association of Realtors). Let’s break it down!
(You can download my full PDF Market Update Report HERE!)
The average sale price for June 2026 was $566,103 which is down -2.88% from this time last year but up just slightly from last month by 0.20%. Listings in June were down at 1,318 which is a -2.66% decrease compared to a year ago but were up +7.50% compared to last month. Sales were down at 476 which is a -4.99% decrease compared to a year ago but up substantially from last month at +12.26%.
Average days on market held steady at 17 days in June (up slightly from last month’s 16 days). Months of inventory came in at 3.9 months (down from last month’s 4.6 months). The Sales to New Listings Ratio (SNLR) came in at 38.8% (up from last month’s 34.7%). This metric indicates that we are currently in a “Buyer’s Market”.
Current headlines:
- The BoC held its target for the overnight rate at 2.25% at its June 10th meeting (no meeting in May).
- Inflation climbed to 3.2% in May (from 2.8% in April).
- The unemployment rate for Windsor came in at 8.2% in May (up slightly from 8.1% in April and still considerably higher than the declining national rate which was at 6.6% in May).
- The federal and Ontario governments have eliminated the HST tax from new homes for ALL buyers (not just first-time buyers) for a period of one year * (conditions apply).
- The municipalities of Lakeshore and Kingsville are working towards cutting development charges by 50% based on the federal/provincial Development Charge Reduction Program (DCRP). Windsor has opted to cut by 70% and LaSalle is looking to cut development charges by 100%. Amherstburg has decided to opt out of the DCRP program.
- Shaun Cathcart, CREA’s Senior Economist commented on the National Housing Market “While it was just the first month in 2026 to see any meaningful upward momentum in headline demand, under the surface conditions have been improving for some time. Sellers’ and buyers’ expectations are increasingly aligned, as evidenced by tightening sale-to-list price ratios and shorter periods between listing and sale dates. As a result, prices have largely stabilized following some softness earlier in the year.”
Keep in mind that market conditions vary greatly depending on what price point you are in etc. so it’s never been more important to hire a REALTOR® who understands the market and can offer you the best advice possible! Take care!
