Average GTA home prices fell to $973,289 in January, down 6.5% year-over-year and marking the 12th consecutive month of annual decline.

With 5.8 months of supply and market conditions heavily favouring buyers, some additional near-term price softness may persist.

However, following a correction of more than 20% over the past four years, values appear to be approaching cyclical lows, creating a rare entry window for long-term buyers positioned to act strategically.

Let’s discuss how to navigate today’s pricing environment.