05/20/2026
Urbannation reports:
GTA home prices continued adjusting in April, but market conditions showed early signs of stabilization as sales activity improved and new listings declined for a fourth consecutive month.
Buyers are gradually becoming more accustomed to ongoing economic and geopolitical uncertainty, helping release some pent-up demand into the market.
At the same time, fewer sellers are listing properties, contributing to more balanced conditions in select segments.
While affordability pressures remain elevated, GTA home prices are still 29% higher than pre-COVID April 2019 levels, highlighting the market’s long-term resilience despite the recent correction.
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Fariba Arkan
Realtor