Toronto home prices down 20%

Toronto home prices are down 20% from their 2022 peak and while that’s created some refinancing challenges for a small group of homeowners, it’s also opened the door for buyers who’ve been waiting for their moment. Over 90% of mortgage holders are in a strong position heading into renewal season, and with the right planning, you can be too. Talk to your broker, know your numbers, and get ahead of it. 💪 🔗 torontolife.com/real-estate/gta-mortgages-bank-of-canada-refinancing-2027 #TorontoRealEstate #MortgageTips #HomeBuyingToronto