Toronto home prices softened significantly in 2025, defying earlier strong predictions.
Reports forecast rising sales activity even as unit prices continue downward pressure.
Some forecasts treat 2026 as a “soft reset,” not true recovery.
Immigration and population growth could trigger latent housing demand rebound.
Rising construction costs and tariffs may slow supply, altering future balance.
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...