Toronto’s housing market is forecasted to see prices fall by 4% and sales decline by 5% by year-end 2025.
The region remains a buyer’s market, though affordability is improving as rates ease and prices adjust.
Sellers are lowering expectations, while first-time buyers return with family support.
Economic uncertainty continues to weigh on consumer confidence, keeping activity subdued.
Further rate cuts in late 2025 may support a gradual market rebound heading into 2026.
Toronto Home Prices Drop: New Opportunities for Buyers
National home prices fell 4% year-over-year in April, dropping from about $809,000 to $777,000. Toronto saw an 8% decline, with average prices falling from $1,161,000 to $1,068,000. Price drops varied by type: single-family homes down...
