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.
October 19, 2026
Toronto Affordability Gains Are Tapering | Reach out to me for buying or selling. First time? Call for a FREE consultation.
Toronto’s affordability landscape shifted slightly in Q2, with the overall measure dropping by about 1 point to around 64%—still positioning our city among the least affordable in the country. Most of the relief came from...