House sales dropped $210,000 in Oakville during June

Oakville experienced a significant drop in house sales by $210,000 in June, while sales remained steady in Burlington and Milton. The Toronto Regional Real Estate Board reported slower home sales across Halton. The Bank of Canada's rate cut provided some relief, but additional cuts may be necessary to stimulate sales. In the GTA, home sales dropped by 16.4% compared to the previous year. The Ontario government aims to add 1.5 million more homes by 2031, indicating a need to address housing challenges.