2026 Toronto Real Estate Predictions

In this monologue podcast, Tom Storey shares his predictions for the Toronto real estate market in 2026. He anticipates fixed mortgage rates will remain below 4% and the Bank of Canada's overnight rate will hold steady. He expects an increase in sales volume, but a 4% decrease in the condo market, particularly for smaller units without parking. Rental prices are predicted to decline due to increased supply, while the new construction market will continue to struggle. Storey believes the mortgage renewal cliff won't be as severe as initially feared, though power of sales will rise due to being a lagging indicator. Finally, he predicts investors won't significantly return to the market, maintaining it as an end-user market. He also shares some behind-the-scenes information about his YouTube channel, including milestones achieved in 2025.