Market Context
Toronto's real estate market continues to navigate the balance between high demand and affordability challenges. After the rapid price increases of 2021-2022 and the correction through 2023-2024, the market shows signs of stabilization.
Key Trends to Watch
Interest rate environment, immigration patterns, and supply challenges will continue to shape the market. We expect continued price stability in the first half of 2025, with potential upside in the latter half.