Toronto Condo Market Favors Buyers Amid Market Shifts | MrHunter.ca

Toronto’s condo market has shifted from a seller’s market to a buyer’s market as demand cools and supply grows.
Prices have fallen to their lowest point in four years, while interest rates have eased, giving buyers more negotiating power.
First-time buyers and long-term residents benefit most, with inventory at its highest in years and competition subdued.
Investors also see opportunity, though rental conditions have softened, requiring careful planning for cash flow.
Experts expect the market to remain soft through 2025 before stabilizing into a more sustainable long-term sector.