Toronto continues to make its mark globally, ranking 20th out of 1,000 cities in the 2026 index—maintaining its strong position thanks to resilient economics and a talented workforce that keep demand robust. However, the same report highlights a pressing concern: affordability. Toronto’s median multiple sits at nearly 7.5, making it one of the least affordable major markets surveyed that year. According to the index, residents here are dedicating a larger share of their income to housing than almost anywhere else in the world. The challenge? Ongoing supply shortfalls, with housing starts projected to slow even further through 2026, are preventing meaningful affordability improvements. As someone who’s helped hundreds of clients navigate Toronto’s real estate landscape, I’ve seen firsthand how these dynamics shape decisions and opportunities. Staying informed is essential for making confident moves in our evolving market.
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