Toronto-area Home Sales, Prices Slide In January With More Weakness Ahead: Trreb - Beritaja

Toronto’s real estate relation says it expects location value and income weakness to persist for astatine slightest the first half of the year.

The outlook came arsenic the Toronto Regional Real Estate Board says location income for January fell 19.3 per cent from a twelvemonth earlier, while the mean trading value dropped 6.5 per cent. Active listings roseate 8.1 per cent.

The committee says location income totalled 3,082 successful January, while the mean trading value was $973,289. There were 17,975 progressive listings.

TRREB says the elevated proviso will apt lead to little mean trading prices successful the first half of 2026, though prices could stabilize successful the second half of the twelvemonth if user assurance improves.

Board president Daniel Steinfeld says households stay cautious about committing to semipermanent owe payments arsenic uncertainty persists, but greater economical clarity could bring much buyers into the market.

An Ipsos study released by TRREB recovered Greater Toronto Area homebuying intentions for 2026 fell 5 percent points compared pinch past twelvemonth to 22 per cent.