Michael Duggal - Realtor

The average price in the Greater Toronto area is $1,017,796, while home sales have actually increased by 1.7% compared to last March. Despite this increase in demand, the number of new listings is down 16.7% year over year, causing the market to tighten. The Bank of Canada is currently holding interest rates steady as they monitor how geopolitical stability will impact consumer confidence. Michael Duggal will present information about the Greater Toronto Real Estate market and share how you can capitalize on the current situation.

Toronto is heading into 2026 after one of the weakest years on record. TRREB annual sales ran roughly 30% below the 10-year average, where active listings increased over 20,000 at several points. Months of inventory hovered between 3.5 and 5 signaling a shift away from the extreme seller conditions of the past decade. Looking ahead to 2026 with lower interest rates and improved affordability, I'll share my predictions so you can be informed as a buyer or seller.