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 are shifting gradually toward buyers in some segments.
Sales are up and listings are shrinking. Is now the time to buy a home in Toronto?
Canadian home sales rose 5.5% month-over-month in May, marking the first significant increase this year. In the Greater Toronto Area, sales increased 6.3% year-over-year, while average home prices fell 4.6% to about $1.07 million. Buyers...