Toronto housing activity showed signs of stabilization after extended periods of weak buyer demand and cautious market sentiment.
Increased inventory is providing more options for purchasers while reducing pressure from competitive bidding situations.
Condo segments remain under pressure as investor demand stays relatively subdued compared with previous years.
Industry analysts expect gradual improvement through late 2026 rather than a rapid market rebound.
Toronto Buyers Enjoy More Choices as Prices Adjust
Toronto real estate shows slow improvement with June sales rising 8.4% to 6,770 units, the best June in three years but still 23.6% below 2019 levels. Home prices fell 0.6% to $940,800, down 5.4% from...