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.
Toronto Buyers Enjoy More Choices as Prices Adjust
Toronto real estate shows slow improvement with June sales rising 8.4% to 6,770 units, the best June in three years but still 23.6% below 2019 levels. Home prices fell 0.6% to $940,800, down 5.4% from...