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.
Uptick in GTA home sales expected in 2026
GTA resale housing market tightened in February 2026 with home sales down 6.3% year-over-year to 3,868, while new listings dropped 17.7% to 10,705. The benchmark price fell 7.9% to an average of $1,008,968. Condo prices...
