{"id":1701,"date":"2026-06-15T08:00:56","date_gmt":"2026-06-15T13:00:56","guid":{"rendered":"https:\/\/www.realestategtatoday.ca\/index.php\/2026\/06\/15\/toronto-condo-prices-slide-new-data-reveals-a-shifting-market-reality\/"},"modified":"2026-06-15T08:00:56","modified_gmt":"2026-06-15T13:00:56","slug":"toronto-condo-prices-slide-new-data-reveals-a-shifting-market-reality","status":"publish","type":"post","link":"https:\/\/www.realestategtatoday.ca\/index.php\/2026\/06\/15\/toronto-condo-prices-slide-new-data-reveals-a-shifting-market-reality\/","title":{"rendered":"Toronto Condo Prices Slide: New Data Reveals a Shifting Market Reality"},"content":{"rendered":"

The GTA housing market is facing new headwinds as Q1 2026 data shows mortgage originations hitting a two-year low. According to new figures from Statistics Canada, Canadian households are feeling the squeeze, with the debt-to-disposable income ratio climbing to 179.6%. Most notably for Toronto investors, the condominium sector is showing signs of stress, with new condo prices in the city falling 5.9% year-over-year. While detached home values have kept the broader market afloat, the divergence in the condo segment suggests a cooling trend for high-rise urban real estate. With the national savings rate hitting a two-year low of 3.5%, buyers and investors are clearly navigating a tighter financial landscape. For a deeper dive into these national trends and what they mean for your next property move, read the full report at [MPA Magazine](https:\/\/www.mpamag.com\/ca\/news\/general\/canadian-mortgage-originations-hit-two-year-low-as-debt-burden-widens\/578890).<\/p>\n

<\/p>\n

<\/div>\n

Source: Read the original article<\/a><\/em><\/p>\n

<\/p>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

Mortgage originations hit a two-year low as Toronto condo prices drop 5.9%. Is the GTA market cooling? Get the latest data here.<\/p>\n","protected":false},"author":2,"featured_media":1700,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[178],"tags":[224,182,221,213,187,207],"class_list":["post-1701","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-data","tag-condo-market","tag-gta","tag-housing-prices","tag-interest-rates","tag-mortgages","tag-toronto"],"_links":{"self":[{"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/posts\/1701","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/comments?post=1701"}],"version-history":[{"count":0,"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/posts\/1701\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/media\/1700"}],"wp:attachment":[{"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/media?parent=1701"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/categories?post=1701"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/tags?post=1701"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}