TD Bank forecasts GTA condo prices to drop 15-20% from their 2023 peak by the end of 2025, with a 10% decline this year due to reduced demand, higher interest rates, and excess supply. Factors include trade war uncertainty, slower population growth, and high condo completions. While prices remain above pre-pandemic levels, a strong rebound is unlikely. Some improvement may come in 2026 with lower rates and new housing policies, but challenges persist.
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