While other Canadian cities experience a fall housing market rebound, Toronto’s real estate sector continues to struggle, according to a recent RBC Economics report. Economist Robert Hogue highlights that resales in Vancouver, Montreal, and other major markets are up, while Toronto and Hamilton face stalled sales, abundant inventory, and declining prices.
The report cites tariff-related economic uncertainty, grimmer job prospects, lower immigration, and high inventory as key factors weighing down demand in the GTA. Home resales remain about 25% below pre-pandemic norms, despite a marginal 0.6% month-over-month sales gain. Condo prices are experiencing the strongest downtrend. Hogue anticipates these diverging trends to persist into early 2026. For a deeper dive into the data and analysis, read the full article on mpamag.com.
Read the original story here: https://www.mpamag.com/ca/mortgage-industry/industry-trends/fall-housing-rebound-leaves-toronto-behind-rbc-economist-finds/559255
