Past few yr, Toronto real estate faced uncertainty, not just pricing pressure.
Rates jumped after early 2022; borrowing costs stayed far above pandemic lows.
Inventory MoM ↓ to ~4.7; new listings lower yearly, easing post-correction rush.
Affordability still hurts, but clearer expectations can shift buyers from waiting to planning.
More Ontario housing policy support aims to rebuild confidence among households and builders.
Leaders stress certainty; market psychology ties to policy consistency, jobs, trade, confidence.
August 12, 2026
GTA Bidding Competition Nears Multi-Year Low | Reach out to me for buying or selling. First time? Call for a FREE consultation.
In Late-Q2, just 6% of GTA neighbourhoods with at least five resale deals were overbid, while 93% were underbid and 1% sold at asking. New GTA listings also weakened in Late-Q2, led by condo softness,...