Toronto’s average home price has fallen 24.4% from its February 2022 peak of $1,334,544 — wiping out four years of pandemic-era gains and landing squarely back at 2020 price levels. For anyone who has been sitting on the sidelines waiting
Over 1.15 million Canadian homeowners face mortgage renewals in 2026 — and many of them are about to experience payment shock unlike anything they’ve seen since buying their homes during the pandemic. At the same time, Toronto’s housing market is