Everyone else stuck in Toronto — buyers suddenly hold unexpected negotiating power right now.
Inventory exploded to 21,241 units — that’s a record 23.5-month supply; builders are pausing.
Sellers lowering asking prices; MLS HPI slipped about 5% year-over-year.
Weird split: condo prices up ~2.5% while single-family values dropped ~7.4%
Practical moves: low offers, inspections, builder concessions — act smart now, don’t wait.