In June 2014, the Toronto real estate market saw a 15.4% increase in residential sales year-over-year, totaling 10,180 transactions, with new listings also rising. The average selling price rose by 7.4% to $568,953, with significant price growth in low-rise home types and above-inflation increases in condominium apartments. Market confidence among buyers suggests sustained growth in sales throughout the summer, driven by pent-up demand.