Toronto home prices forecasted to decline 4.5% in 2026 amid market adjustment.
Average home price projected at $1,054,129, reflecting post-pandemic correction.
Detached home prices decline moderately; affordability improves for first-time buyers.
Condominium prices also affected; investor activity softens in higher-density developments.
Balanced market provides buyer negotiation power, with public-sector starts stabilizing supply.
Home sales data for 1st month of the HST rebate window is out. Here’s what the numbers show
In April, 1,100 new homes sold in the GTA, nearly triple last year's 384, driven mainly by a rise in single-family home sales (901 vs. 241). Condo sales increased to 199 from 143. The HST...
