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.
Toronto Homebuyers Enjoy Improved Affordability and More Choices
Home sales and prices in the Greater Toronto Area declined in December and throughout 2025, with sales down 11.2% for the year and average prices falling nearly 5%. Listings increased, creating a buyer's market and...