What’s Really Going On In The Market Right Now

I have been getting a lot of questions lately about how is the market right now, and really the only way to answer that question is to take a closer look at the numbers. Here is a breakdown on where the Toronto Real Estate market is for the end of the week: January 23, 2026.

Key takeaways:

SALES

– Freehold outside of detached is doing quite well with a lower MOI (Month’s of Inventory) almost nearing into Seller’s Market territory. For example, I do a lot of work in the South Etobicoke Real Estate market and I have seen things acting quite stable with freehold properties unless they need a lot of work.
– Detached is sitting very close to being a buyer’s market which shows that some properties are getting good interest and there is a lot which are sitting.
– The condo market is sitting at a very high MOI which indicates a strong buyers market. If you are looking to buy you are able to negotiate well because most condos are sitting right now. With just over 22,000 completions expected this year from new construction this likely will remain high this year putting further pressure on pricing.

RENTALS

– The freehold market is sitting at a quite high supply level which could indicate that some owners are trying to rent out their homes to ride out the market adding to more supply. This should put some downward pressure on freehold rentals.
– Condos on the other hand are sitting under 3 Month’s of Inventory indicating that there may be some price increases coming in this category.

That is all for now. If you like these kind of updates I am thinking about doing more of these so please let me know below. 

How To Read MOI?