📉 Toronto Real Estate Just Broke Its 4-Year Support Line!

Has Toronto’s housing market finally hit the turning point?
Or is this just the beginning of a deeper correction? 👀

🏠 According to CREA’s Home Price Index (HPI), Toronto’s single-family benchmark peaked at $1.57M (Feb 2022) — then bounced off the same bottom, around $1.23M, four times.

But this summer, that support finally broke.
📉 June 2025: dropped below $1.20M
📉 Sept 2025: down to $1.17M — the lowest since early 2021.

Detached homes once $2.2M are now around $1.6M.
Condos that used to list for $700K are selling under $600K.

💬 Would you buy now — or wait for another dip?

Across Canada:

• Vancouver: small dip, still strong 💪

• Montreal: already recovered 📈

• Calgary / Edmonton: still rising 🚀

• Waterloo / Hamilton / London: dropped even more 📉

So… is Toronto actually holding up better than it looks?

💡 Why the slowdown:
Too many pre-con units closing, high mortgage rates, weak job growth.
But rental demand stays strong — and long-term fundamentals remain.

⏳ Every cycle has winners and losers.
Are we near the bottom, or just halfway down?

👇 What do you think — will Toronto real estate bounce back in 2026?