Toronto real estate could see stability in 2026 with steady interest rates

The article reports that steady interest rates and an upcoming CUSMA review are expected to influence Toronto's housing market in 2026; TRREB says reaffirmed trade ties and large domestic projects may support home sales while household employment confidence remains important.

Steady interest rates are suggested as a factor that could bring stability to Toronto's real estate market in 2026. The piece notes that an upcoming review of the Canada‑United States‑Mexico Agreement (CUSMA) this year will be another catalyst. TRREB chief information officer Jason Mercer is quoted as saying that reaffirmed trade relationships and large‑scale domestic economic development projects will be key for improved home sales. He also said that GTA households must be confident in their employment situation before committing to long‑term monthly mortgage payments, even in a more affordable market. Key points: - Steady interest rates are described as a condition that could help stabilize the Toronto market in 2026. - An upcoming CUSMA review this year is identified as an additional catalyst for the market. - TRREB CIO Jason Mercer is quoted on the importance of reaffirmed trade relationships and large domestic development projects for home sales. - The article reports that household confidence in employment is important before committing to long‑term mortgage payments, even as affordability changes. Summary: Steady rates and the CUSMA review are described as conditions that may influence activity and support stability in 2026. TRREB emphasizes trade ties, large domestic projects, and household employment confidence as factors affecting home sales. Undetermined at this time.