Michael Duggal - Realtor

Toronto enters 2026 after another down year for real estate. GTA home sales fell 11% in 2025 while new listings rose over 10%, giving buyers more choice and more power to negotiate. Prices moved lower too, with the annual average price down nearly 5% year over year. Even December closed with fewer sales, more listings, and prices still under pressure.

Affordability improved as prices and mortgage rates eased, but buyers stayed cautious due to job and economic worries. In this video, I break down what these numbers really mean, where the market stands now, and what needs to happen next for sales to recover. If you’re buying or selling in 2026, this gives you the full picture before you make a move.

Toronto's Real Estate market has faced a significant slowdown, specifically in late 2025 with sales falling 16% in November, and a double digit decrease in prices. With cautious buyers and a continued market correction, what will take place next in our Greater Toronto Area real estate market?