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New listings dropped by 16.7% year-over-year, which is beginning to tighten the supply of low-rise homes.
High inventory levels persist in the condo sector, leading to a trend where unsold units are being absorbed for rental conversions under initiatives like the $1.3 billion GTA Rental and Affordable Housing Initiative . TORONTO REAL ESTATE
Performance remains uneven across different segments, with the condo market facing the most significant pressure. Property Type Avg. Sold Price (Mar 2026) 12-Month Change Market Status $1,342,375 Balanced, shifting to Seller Semi-Detached $1,008,246 Townhouse Buyer-leaning Condo Apartment Balanced to Buyer Data sourced from WOWA.ca and TRREB . Key Trends & Economic Drivers New listings dropped by 16
Toronto Real Estate Market: Review of 2025 and Future Outlook Property Type Avg
The market is widely considered , with inventory levels tightening but high relative to current demand.