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.
July 13, 2026
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Toronto housing activity showed signs of stabilization after extended periods of weak buyer demand and cautious market sentiment. Increased inventory is providing more options for purchasers while reducing pressure from competitive bidding situations. Condo segments...