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.
September 2, 2026
Toronto Affordability Gains in Q2 2026 | Reach out to me for buying or selling. First time? Call for a FREE consultation.
In Late-Q2 2026, Toronto saw one of the strongest affordability gains as falling home prices, not easier financing, became the main driver. Toronto recorded a ~2.5-point affordability improvement after its representative home price fell ~4%...