{"id":874583,"date":"2026-08-28T13:18:14","date_gmt":"2026-08-28T13:18:14","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/874583\/"},"modified":"2026-08-28T13:18:14","modified_gmt":"2026-08-28T13:18:14","slug":"torontos-real-estate-market-could-heat-up-in-fall-but-buyers-are-cautious-amid-economic-uncertainty-experts","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/874583\/","title":{"rendered":"Toronto’s real estate market could heat up in fall, but buyers are cautious amid economic uncertainty: experts"},"content":{"rendered":"

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Toronto\u2019s real estate market could see a seasonal boost in activity this fall, as buyers and sellers return to the market following a relatively quiet summer, according to the Toronto Regional Real Estate Board.<\/p>\n

The spring and fall have traditionally been the busiest seasons for Toronto real estate. But after several years of significant market swings \u2014 and now a Canada-U.S. trade war \u2014 seasonal trends have become less predictable.<\/p>\n

Still, some industry experts are expecting a busier September.<\/p>\n

\u201cWe are feeling it in our own pipeline and in our conversations at the office that this fall should be busy,\u201d said Ravi Singh, a real estate agent with RE\/MAX Hallmark Realty.<\/p>\n

Singh says his brokerage is seeing more bidding wars than it did at this time last year \u2014 a possible sign that some buyers believe the market may have already hit its bottom.<\/p>\n

Jordan Nanowski, lead economist for the Greater Toronto Area housing market at the Canada Mortgage and Housing Corporation, also says the market has been picking up recently.<\/p>\n

\u201cWe have been seeing that the market transitioned from a buyers market to more of a balanced market,\u201d he said.<\/p>\n

Nanowski says he’s seeing a particular uptick in purchases by millennials entering the housing market in areas like Mississauga.<\/p>\n

“They’re the ones who are waiting on the sidelines and waiting to get that more affordable low-rise housing in the 905,” he said.<\/p>\n

Buyers coming back, but still cautious, expert says<\/p>\n

During Toronto\u2019s pandemic-era real estate boom, virtually every type of property seemed to attract buyers.<\/a> Homes in a range of conditions and neighbourhoods were selling quickly, and buyers were often willing to stretch to the top of their budgets.<\/p>\n

Today, Singh says the market is more selective and pricing remains critical.<\/p>\n

\u201cIf you\u2019re priced even a hair too high, you could end up sitting while people wait on the sidelines,\u201d he said.<\/p>\n

\"RaviRavi Singh, a real estate agent at REMAX Hallmark Realty Ltd., says his brokerage is getting ready to list several new properties this fall, but buyers remain cautious. (Talia Ricci\/CBC)<\/p>\n

Some homes are sitting on the market longer and could potentially present opportunities for buyers looking for a deal, he says. But Singh says well-maintained, updated properties in desirable neighbourhoods are once again attracting significant interest \u2014 and, in some cases, bidding wars.<\/p>\n

Fewer listings could create more competition<\/p>\n

At the same time, buyers have fewer properties to choose from.<\/p>\n

The Toronto Regional Real Estate Board (TRREB) recorded 14,484 new listings in July 2026, down 17.8 per cent from the same month last year. Jason Mercer, chief information officer at TRREB says new listings have been consistently lower throughout 2026, and that could become an important factor heading into the fall.<\/p>\n

He says if inventory remains constrained while more buyers return to the market, competition could increase, potentially putting a floor under declining prices.<\/p>\n

\u201cThat\u2019ll be an important signal as more buyers and different neighbourhoods start to see that prices are solidifying and potentially even starting to move upwards,\u201d Mercer said.<\/p>\n

That could encourage more buyers to enter the market, he says, particularly those who have been waiting for signs that home values are likely to rise over time.<\/p>\n

Economic uncertainty could keep buyers on the sidelines<\/p>\n

But a stronger fall market is far from guaranteed, particularly as Canada and the United States navigate a the uncertainties of a trade war.<\/a><\/p>\n

\u201cThat impacts the resale market quite substantially because consumer confidence is such an important aspect of it,\u201d Nanowski said.<\/p>\n

Singh also says some buyers are deliberately holding back rather than assuming they need to compete aggressively in a multiple-offer situation.<\/p>\n

\u201cThere\u2019s a lot of caution. There\u2019s a lot of concern about overpaying,\u201d he said.<\/p>\n

Experts say the biggest exception is the condo market. A large supply of condos continues to weigh on that market, meaning condo prices and activity could remain stagnant even if the broader market picks up.<\/p>\n","protected":false},"excerpt":{"rendered":"Listen to this article Estimated 4 minutes The audio version of this article is generated by AI-based technology.…\n","protected":false},"author":2,"featured_media":874584,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[194291],"tags":[49,48,3302],"class_list":["post-874583","post","type-post","status-publish","format-standard","has-post-thumbnail","category-toronto","tag-ca","tag-canada","tag-toronto"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/874583","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=874583"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/874583\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/874584"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=874583"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=874583"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=874583"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}