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.
August 31, 2026
Toronto Housing Market Moves Toward Balance | Reach out to me for buying or selling. First time? Call for a FREE consultation.
In Early-Q3, Toronto sales ↓~1% yearly to ~6K transactions, while new listings ↓~18% to ~14.5K, narrowing the gap between supply and demand. On a seasonally adjusted basis, Toronto sales increased from Late-Q2 while listings declined,...