Expect further price declines for GTA homes in first half of 2026, TRREB says
· Financial Post
The Greater Toronto Area's housing market is projected to experience continued price moderation through the first half of 2026, according to a new forecast from the Toronto Regional Real Estate Board (TRREB). The organization's analysis suggests this downward trend will create more favorable purchasing conditions for prospective homeowners across most property segments.
TRREB's report highlights that increased housing supply coupled with evolving demand dynamics will give buyers "substantial choice" throughout 2026. This expanded inventory is expected to provide greater negotiating power and reduced competition compared to recent market conditions. While specific price adjustment projections weren't detailed in the initial findings, the board emphasizes that this shift toward balanced market conditions represents a significant opportunity for buyers who have faced intense competition and record-high prices in previous years.
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