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 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...