Toronto’s housing market is forecasted to see prices fall by 4% and sales decline by 5% by year-end 2025.
The region remains a buyer’s market, though affordability is improving as rates ease and prices adjust.
Sellers are lowering expectations, while first-time buyers return with family support.
Economic uncertainty continues to weigh on consumer confidence, keeping activity subdued.
Further rate cuts in late 2025 may support a gradual market rebound heading into 2026.
Toronto’s Housing Pipeline Surpasses 850,000 Units Milestone
Toronto's housing pipeline exceeds 850,000 units, but annual completions average only 17,000 to 25,000, revealing a significant gap between planned and delivered homes. Most units remain in early stages, with delays in approvals, financing, and...