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.
Toronto Buyers Enjoy More Choices as Prices Adjust
Toronto real estate shows slow improvement with June sales rising 8.4% to 6,770 units, the best June in three years but still 23.6% below 2019 levels. Home prices fell 0.6% to $940,800, down 5.4% from...