Experts predict a balanced market; no wild boom, no 2008-style crash expected.
Modest 1–2% price growth expected; more listings give buyers extra negotiating power.
February 26, 2026
Toronto Housing Hits Five-Year Reset
Toronto’s average home price dipped to $973,289, falling 6.5% year-over-year, first sub-$1M since 2020. Pandemic-era price growth is gone, pushing Canada’s priciest markets back to late-2020 levels. Mortgage stress is rising as renewals hit higher...
