Image missing.
Here are the parts of Toronto where home prices have fallen the most

Becky Robertson

created: July 21, 2025, 6:44 p.m. | updated: July 22, 2025, 7:49 p.m.

With the Toronto area real estate market in pretty acute turmoil, this may be the best chance for entry-level buyers to land a rare (though relative) bargain on a piece of the region's famously overpriced property. Amid an extended lull across the board, there are still some housing types and pockets of the region that are seeing lower sales volumes and larger price declines than others. Hardly anyone seems interested in condos, especially new builds, causing them to deteriorate in value the quickest, while demand for townhomes remains quite strong. Local real estate agency Wahi has offered some insight, examining how prices around the city have changed since the most recent market high in 2022. Spoiler alert: Brampton seems to be where prices are softening most, though the same can be said for a few select communities in and around downtown Toronto.

1 week ago: blogTO