As we head into the second half of 2026, the Canadian Real Estate Association (CREA) has delivered a sobering update: national home resale forecasts have been slashed, with a projected 1.4% decline for the full year. While national headlines suggest a cooling trend, the reality for GTA buyers is nuanced. With interest rates holding steady and a significant influx of inventory hitting the market, the power dynamic has shifted firmly in favor of the buyer. Reaza Ali of Heartwood Financial Group notes that while prices haven’t surged, the increase in supply is giving purchasers more leverage and time to make informed decisions. Despite economic headwinds and global instability, the current environment offers a unique window for those previously priced out. For a deeper dive into these regional shifts and what they mean for your next move, read the full report at https://www.mpamag.com/ca/mortgage-industry/industry-trends/buyers-market-persists-as-crea-slashes-sales-forecast/582657.
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