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.
Home sales data for 1st month of the HST rebate window is out. Here’s what the numbers show
In April, 1,100 new homes sold in the GTA, nearly triple last year's 384, driven mainly by a rise in single-family home sales (901 vs. 241). Condo sales increased to 199 from 143. The HST...