Pre-construction condo sales fell to levels not seen since the 1990s; delays rise and launches get more selective.
GTA avg prices stabilizing between $1M and $1.03M, with historically high inventory and modest growth.
Condo oversupply: small units start ~$400K; larger 2-3 bedroom units span $600K to $1.2M.
Key risks: appraisal gaps, slowed assignment sales, renewals at 3.5% to 4.5%.
For first-time and long-term buyers holding 7-10+ years, 2026 offers strong negotiating leverage in the GTA.