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-area new home sales rise, but remain below 10-year average
Toronto-area new home sales rose 16% in February to 531 units but remain 76% below the 10-year average of 2,250. Despite the slow market, sales are expected to increase due to reduced provincial sales tax,...