Toronto condo prices are forecasted to soften further in 2026, especially small investor-focused units.
Condos without parking will remain difficult to sell through 2026.
Moderate price growth expected in suburban condos as buyers prioritize transportation and space.
Millennials in their 30s-40s continue driving demand despite affordability constraints.
Overall market recovery will be gradual, supported by lower borrowing costs and pent-up demand.
April 15, 2026
Toronto: Market Under Pressure in 2026?
Elevated inventory levels are expected to keep price growth subdued throughout 2026. Slower population growth and reduced immigration are weighing on housing demand. Condo construction is declining, though rental supply continues to expand. Market conditions...