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 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...