Tariff threats and economic uncertainty slow Toronto's real estate market, leading to falling rents.

The Toronto real estate market is sluggish, with sales down and listings up, partly due to US President Trump's tariff threats on Canadian goods. This uncertainty is also affecting rents, which have fallen across Canada, with Toronto and Vancouver seeing significant drops. Experts suggest that tenants can negotiate lower rents, but warn of long-term economic impacts if a tariff war occurs. RBC predicts a 1.4% increase in housing prices this year, down from 2.9% last year, due to economic uncertainties and affordability issues.

5 weeks ago
40 Articles

Further Reading