The June 2026 data from the Oakville Milton District Real Estate Board (OMDREB) points to a market that is settling into a comfortable, stabilized rhythm for the summer. Across the Halton Region, buyer activity remains steady, even as year-over-year pricing softens slightly and fewer new listings enter the market.
What we are seeing is the definition of a balanced market: while inventory remains below last year's levels, most homes are selling below asking price, giving buyers greater negotiating power without causing a collapse in home values.
President’s Outlook: A True Window of Opportunity
Heidi Noel, President of OMDREB, emphasizes that current conditions represent a rare sweet spot for buyers who have been waiting for the market to calm down.
"June's results show a market that continues to offer real opportunity for buyers," says Noel. "There is still plenty of choice, buyers continue to have negotiating power, and well-priced homes are attracting serious interest. For people who have been waiting on the sidelines, today's market offers a combination of selection and negotiating flexibility that we haven't seen in several years."
Noel also notes that consumer sentiment is shifting:
"While no one can predict exactly where the market will go next, we're beginning to see signs that buyers are becoming more confident. Those who have been waiting for the 'right time' may find that today's combination of selection, negotiating power, and moderated pricing represents an opportunity that won't always be available."
The Stats: Stabilization and Measured Decisions
Unlike the frantic spring markets of the past, June's data reflects a demographic of buyers who are active but taking a "measured approach" to their purchases.
Halton Region Overview
Aver
age Prices: Moderated across al l residential property types compared to June 2025. Inventory Levels: New listings declined across most market segments, continuing a persistent trend that is slightly limiting overall supply.
Days on Market: Remaining relatively stable, indicating homes are moving at a healthy, predictable pace.
Negotiation Reality: Most homes across the region continue to sell below asking price.
Local Market Highlights
Market conditions varied noticeably by municipality in June. Burlington emerged as the clear powerhouse of the region, while Oakville, Milton, and Halton Hills transitioned into a slower, buyer-friendly pace.
Municipality | Property Type | Market Performance Highlight |
Oakville | Detached Homes | Prices remained relatively stable despite lower transaction volume. |
Town/Condo | Sales continued to soften, giving buyers increased negotiating power. | |
Milton | Detached | Slower sales compared to last year; inventory remains below 2025 levels. |
Town/Condo | Slower sales volume, though low inventory is supporting overall price stability. | |
Burlington | Detached | Sales jumped +24.1% YoY, while total dollar volume surged +22.0%. |
Overall Trend | Led the region in transaction growth; homes spent fewer days on the market than last year. | |
Halton Hills | Detached | New listings increased modestly from May, though sales eased YoY. |
Negotiation | Over 90% of detached homes sold below asking price, heavily favouring buyers. |
Strategy for Buyers and Sellers
For Sellers: Accuracy is Everything
With new listings declining across most segments, you have the advantage of lower competition. However, buyers are taking their time. Burlington’s success this month proves that proper pricing based on current market conditions is the key to selling faster than the regional average. If your home is listed accurately from day one, it will attract the serious interest Noel mentioned.
For Buyers: Capitalize on Your Leverage
This is the market you have been waiting for. With over 90% of detached homes in areas like Halton Hills selling below asking price, you have the breathing room to include conditions, negotiate closing dates, and secure a fair price. However, with inventory remaining below 2025 levels, if you find a property that perfectly fits your needs, act confidently before the supply shrinks further.
The Bottom Line
The June 2026 report reveals a market that has shed its volatility. Buyers have the flexibility and negotiating power they’ve craved, while sellers who price correctly are still achieving successful, timely sales. If you are sitting on the sidelines, this summer presents a remarkably balanced window of opportunity
