Ontario's housing market in 2026 shows supply outpacing demand, with sales below historical averages and listings at a decade high, favoring buyers. Home prices fell 7% year-over-year to $745,800, with condos and townhouses experiencing the largest declines. Sales dropped 13.2%, while new listings rose sharply. Rental rates decreased 3.5%. Market conditions indicate a buyer’s market, with price growth expected to remain muted amid affordability challenges.
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