Toronto home prices forecasted to decline 4.5% in 2026 amid market adjustment.
Average home price projected at $1,054,129, reflecting post-pandemic correction.
Detached home prices decline moderately; affordability improves for first-time buyers.
Condominium prices also affected; investor activity softens in higher-density developments.
Balanced market provides buyer negotiation power, with public-sector starts stabilizing supply.
Toronto’s Housing Pipeline Surpasses 850,000 Units Milestone
Toronto's housing pipeline exceeds 850,000 units, but annual completions average only 17,000 to 25,000, revealing a significant gap between planned and delivered homes. Most units remain in early stages, with delays in approvals, financing, and...
