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.
May 4, 2026
Toronto Sales Rise, Bounceback Doubts Persist | Reach out to me for buying or selling. First time? Call for a FREE consultation.
Toronto home sales posted their first yearly gain in 6 mo during Late-Q1, but brokers said that uptick did not mean the market had recovered. Sales ↑~2% yearly while new listings ↓~17% in Late-Q1. Prices...