Slide 1

Toronto home resales stalled in November—activity remains 25% below pre-pandemic levels.

Slide 2

Inventory is high, sellers face competition, and prices are slowly drifting lower.

Slide 3

Key drags: tariffs, job uncertainty, slower immigration, and little urgency to buy.

Slide 4:

Toronto’s recovery will be slow, uneven, filtered by costs and mortgage renewal pressures.

Slide 5:

Hidden insight: buyers have choices, but affordability pressures delay decisions, shaping 2026 recovery.