Prices corrected ~25% since 2022, but slowly—no panic, just hesitation.
Jobs feel shakier, rates still high—confidence matters more than affordability.
Even with lower rates, monthly payments remain 30% higher than pre-pandemic.
The next price move won’t be explosive—it’ll be quiet, slow, and selective.
This isn’t a crash—it’s a reset, rewarding patient buyers and realistic sellers.
April 15, 2026
Toronto: Market Under Pressure in 2026?
Elevated inventory levels are expected to keep price growth subdued throughout 2026. Slower population growth and reduced immigration are weighing on housing demand. Condo construction is declining, though rental supply continues to expand. Market conditions...