Is the Worst Over? Toronto Real Estate Predictions for 2026 | The Last Honest Realtor

Описание: In the first episode of the new year, David Fleming encouragers listeners not to obsess over all the “predictions” floating around out there, but rather understand the issues, trends, hot topics, blind spots, and market vulnerabilities, which help market participants to remain alert and attentive to what’s really going on in the market. This episode dives into how market shocks like interest rate cuts, tariffs and trade wars, and economic uncertainty reshaped the market in 2025, why sales activity matters more than headline prices, and why the Toronto condo market isn’t nearly as dire as many believe (at least on the resale side).

David also explores why the pre-construction condominium industry may be fundamentally broken, how housing affordability differs across Canada, and whether Ontario residents will increasingly look elsewhere. This episode takes an honest look at where Toronto real estate has been and where it’s likely headed next.

In This Episode:

00:00 – Welcome back
02:52 – Market trajectory vs price: the real focus for 2026
05:25 – Tariffs, uncertainty & how market shocks change buyer behaviour
15:26 – Have we hit the sales trough? 2026 sales prediction
17:25 – Pre-construction condos: why the model is broken
31:23 – Resale condos: why the decline is overstated
37:03 – Real estate across Canada & affordability comparisons
44:15 – Net migration, affordability & why people are leaving Ontario

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