Prices Can't Stop Falling Even Though Sales Are Up. Is Toronto About to Become a Buyer's Market?

Toronto Real Estate: Sales Up, Prices Down—Is the GTA Recovering or in a Seller Standoff? The script breaks down a recent Toronto/GTA real estate report showing a contradictory market: May sales rose 6.3% year over year (about 66,000) while prices fell (average down 4.6% to about $1.07M; benchmark down 6.7%), and new listings dropped nearly 19% (about 22,000 to 18,000). The speaker argues this looks less like a demand-led recovery and more like sellers withholding supply, creating a “liquidity freeze” where buyers retain negotiating power despite lower inventory. Regional data shows broad declines, with condos and several 905 segments hit hardest (e.g., 905 condos down ~10%, condo benchmark down ~9%, York condo apartments down ~9.5%). The script cites rising loss sales for 2022 buyers (36.6% sold at a loss), increasing insolvencies, and higher power-of-sale transactions, while noting affordability is only “less bad,” not healthy, amid economic and financing constraints. 00:00 Weird Market Snapshot 00:41 Sales Up Listings Down 01:19 Tightening Or Supply Vanishing 02:28 Missing Sellers Liquidity Freeze 04:18 Why Buyers Still Negotiate 05:36 Price Drops By Region 07:07 Selling At A Loss Data 09:53 Distress Power Of Sale Rising 12:32 First Time Buyers Squeezed 13:03 Condo Market Weak Link 14:29 Rates And Affordability Reality 16:10 Economy Housing Policy Incentives 16:56 Pre Con Pressures Townhouses 17:52 Wrap Up And Viewer Questions #canada #realestateinvestingcanada #canadaeconomy #canadarealestate #torontorealestate #canadianrealestate