Found 1 blog entry tagged as buying condos in Toronto.

For years, Toronto condos felt unstoppable. Prices climbed, cranes filled the skyline, investors piled into preconstruction projects, and buyers stretched budgets under the belief that real estate only moved one direction.

Then the market slammed into reality.

Higher interest rates, weaker investor demand, slowing immigration growth, and a flood of new condo inventory changed the equation fast. By 2026, Toronto condo prices had fallen roughly 15% to 20% from their 2022 peak, sales activity slowed dramatically, and inventory levels surged across the Greater Toronto Area.

Now the big question is simple: has the Toronto condo market finally reached bottom?

The answer is more nuanced than most headlines suggest.

The market is showing early…

1383 Views, 0 Comments

Read Full Post