Real Estate — Toronto

Toronto Real Estate Market: Review of 2025 and Future Outlook

The provincial government has introduced HST and development charge relief to spur construction, though TRREB reports these savings have yet to significantly lower prices for end buyers. 2026-2027 Forecast Forecasters are divided on the speed of recovery: TORONTO REAL ESTATE

A seasonal rebound is underway, with 5,039 transactions in March 2026, marking a 30.3% increase from February. Toronto Real Estate Market: Review of 2025 and

High inventory levels persist in the condo sector, leading to a trend where unsold units are being absorbed for rental conversions under initiatives like the $1.3 billion GTA Rental and Affordable Housing Initiative . While the Bank of Canada has moved into

While the Bank of Canada has moved into an easing phase, with the lowest variable rates around 3.3%, the full impact on affordability is expected to take up to 18 months to materialize.

Performance remains uneven across different segments, with the condo market facing the most significant pressure. Property Type Avg. Sold Price (Mar 2026) 12-Month Change Market Status $1,342,375 Balanced, shifting to Seller Semi-Detached $1,008,246 Townhouse Buyer-leaning Condo Apartment Balanced to Buyer Data sourced from WOWA.ca and TRREB . Key Trends & Economic Drivers