{"id":107,"date":"2026-10-15T14:00:00","date_gmt":"2026-10-15T14:00:00","guid":{"rendered":"https:\/\/www.moghaddam.ca\/blog\/?p=107"},"modified":"2026-10-15T14:00:00","modified_gmt":"2026-10-15T14:00:00","slug":"toronto-housing-market-sharply-reverses","status":"publish","type":"post","link":"https:\/\/www.moghaddam.ca\/blog\/2026\/10\/15\/toronto-housing-market-sharply-reverses\/","title":{"rendered":"Toronto Housing Market Sharply Reverses"},"content":{"rendered":"<div class=\"video-zmyer\">\n<div class=\"video-frame-zmyer\">\n        <iframe loading=\"lazy\" width=\"640\" height=\"640\" src=\"https:\/\/www.roomvu.com\/agent\/embed\/alireza-moghaddam\/why-toronto-went-from-worlds-strongest-housing-market-to-weakest-remotion-videos-de3c\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen><br \/>\n        <\/iframe>\n    <\/div>\n<div class=\"video-description-zmyer\">\n<p>Toronto\u2019s housing market is experiencing one of the sharpest resets worldwide, with inflation-adjusted home prices dropping nearly 10% year over year. Benchmark pricing has softened as well, with the city\u2019s composite home-price measure down about 5% on a seasonally adjusted basis, putting average values close to $931,000. While central condo affordability looks more promising when viewed strictly by income, factoring in mortgage interest, maintenance, taxes, and a risk premium still tips the scale\u2014owning remains significantly more expensive than renting. For those of us navigating these shifts on behalf of clients, this presents a fleeting window: current conditions mean softer prices, but if demand returns before supply catches up, we could see the market tighten again quickly. It\u2019s clear that to restore the level of affordability Toronto saw in 2019, annual housing starts need to increase by at least 50% over the next decade\u2014a reminder of the persistent supply challenge. As someone who\u2019s guided clients through over 450 transactions and many market cycles, I see the current landscape as both a challenge and an opportunity for buyers and sellers who want to make informed, strategic moves.<\/p>\n<\/p><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Toronto\u2019s housing market is experiencing one of the sharpest resets worldwide, with inflation-adjusted home prices dropping nearly 10% year over year. Benchmark pricing has softened as well, with the city\u2019s composite home-price measure down about 5% on a seasonally adjusted basis, putting average values close to $931,000. While central condo affordability looks more promising when [&hellip;]<\/p>\n","protected":false},"author":15,"featured_media":108,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-107","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-posts"],"_links":{"self":[{"href":"https:\/\/www.moghaddam.ca\/blog\/wp-json\/wp\/v2\/posts\/107","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.moghaddam.ca\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.moghaddam.ca\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.moghaddam.ca\/blog\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/www.moghaddam.ca\/blog\/wp-json\/wp\/v2\/comments?post=107"}],"version-history":[{"count":1,"href":"https:\/\/www.moghaddam.ca\/blog\/wp-json\/wp\/v2\/posts\/107\/revisions"}],"predecessor-version":[{"id":109,"href":"https:\/\/www.moghaddam.ca\/blog\/wp-json\/wp\/v2\/posts\/107\/revisions\/109"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.moghaddam.ca\/blog\/wp-json\/wp\/v2\/media\/108"}],"wp:attachment":[{"href":"https:\/\/www.moghaddam.ca\/blog\/wp-json\/wp\/v2\/media?parent=107"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.moghaddam.ca\/blog\/wp-json\/wp\/v2\/categories?post=107"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.moghaddam.ca\/blog\/wp-json\/wp\/v2\/tags?post=107"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}