Brampton’s real estate market posted small year-over-year gains in terms of total sales and average sale price in June, but not as pronounced as other Greater Toronto Area communities surveyed.

The latest monthly tracking data from the Toronto Real Estate Board (TREB) showed mixed results for Canada’s ninth largest market.

The average sale price for all types of dwellings in June grew a paltry 1.4 per cent compared to the same month in 2017, from an average of $686,002 a year ago to $695,904 last month.

However, the average price for a home in Brampton fell 1.8 per cent month-over-month compared to May’s average of $708,944.

Total number of sales, on the other hand, grew both year-over-year and month-over-month in June. There were 771 sales in Brampton last month compared to 743 in June 2017. Month-over-month growth compared to May was much more pronounced, with 771 properties changing hands compared to just 684 the month before.

According to new TREB president Garry Bhaura in his first monthly report for TREB, the Greater Toronto market as whole saw a 17.6 jump in month-over-month sales compared to May. That month-over-month increase makes the 3.6 per cent increase seen in Brampton seem rather pedestrian, comparatively speaking.

Total sales on the year, however, remained down significantly compared to recent years.

There have been 3,879 total sales through the first six months of the year. That’s 25 per cent fewer sales compared to the first half of 2017, and a 34 per cent less than the highs of 2016, which saw 5,897 total sales through the first six month of the year.

“After preliminary seasonal adjustment, sales were also up 17.6 per cent on a monthly basis between May 2018 and June 2018, continuing the trend of somewhat volatile month-over month changes over the past year as home buyers reacted to various policy changes impacting the market,” wrote TREB in its monthly market analysis of the GTA market.

The policy changes TREB is referring to, implemented between April of 2017 and January of 2018, came from both provincial and federal legislation designed to cool the province and country’s once red-hot housing market, which nearly doubled in value between 2012 and 2017.