According to Royal LePage’s 2026 Market Survey Forecast, the GTA housing market faces a complex landscape shaped by trade uncertainty, shifting immigration, and condo market softness. While national aggregate home prices are expected to increase slightly, the GTA is projected to see a 4.5% year-over-year decrease. Condo prices in Toronto and Vancouver are expected to decline by 2.5%, driven by oversupply and weaker investor demand. Trade concerns, particularly tariffs, are identified as a significant drag on activity. Despite stronger employment conditions and stabilizing interest rates, consumer confidence remains impacted by trade-related anxieties. This creates a more balanced market, potentially offering opportunities for first-time homebuyers. Read the full article on CTV News for more details on the factors influencing the 2026 housing outlook.
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