In this video, Tom Storey breaks down why Toronto condo prices are unlikely to rise in the next 12 months. With a buyers market in full swing, inventory levels are high, price cuts are common, and new condo completions are set to flood the market in 2025. While opportunities exist for long-term buyers, short-term sellers should be cautious. Tom analyzes current data, market segments, and upcoming mortgage rule changes, concluding that condo prices will likely dip slightly through 2024 and remain flat in 2025 before rebounding in 2027–2028.