Toronto condo inventory expected to decline by early 2026, easing current oversupply.
Renewed buyer demand anticipated by late 2026, boosting interest in livable, larger units.
Condo prices forecasted to rise in 2027 as market supply tightens significantly.
Investing in older units now positions buyers to benefit from upcoming market rebound.
Strategic renovations will maximize returns as demand grows and condo scarcity increases.
April 9, 2026
Toronto Condo Market Faces Another Slump
Average condo price now $626,650, down from just under $800,000 four years ago. GTA condo sales last month ↓ to 1,088, more than 60% lower than four years earlier. In $700K-$800K range, sales went from 784...