Toronto condos are projected to continue price declines in early 2026.
Buyers may benefit from increasing affordability and potential future price stabilization.
Market distress will persist due to tight immigration and slow demand.
Non-permanent resident and student restrictions may limit buyer pool further.
Recovery is expected later in 2026 if immigration and demand improve.
September 23, 2026
Toronto Area Home Prices Dip Below $1 Million | Reach out to me for buying or selling. First time? Call for a FREE consultation.
Seeing Toronto area home prices dip just below the $1 million mark—averaging around $993,000 and about 3% lower than last year—brings a shift in the landscape for many buyers looking for more affordability. However, with...