Navigating Toronto’s condo market this spring? Here’s what to expect

Toronto's condo market faced challenges in 2023 with low sales and high prices. However, a surge in new listings helped balance the market, leading to a slight price decrease. Anticipation is building for potential interest rate cuts by the Bank of Canada, which could boost demand for ownership housing. Recent warm weather has increased activity in the market, with more showings and higher interest from buyers.