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The GTA real estate market just hit a massive psychological turning point as the average home price in Toronto officially dropped below one million dollars for the first time in five years. In this video, we dive into the January 2026 TRREB data to explain why the $1,000,000 floor collapsed and what the $973,000 average means for homeowners and buyers. We analyze the current buyer's market, the 28% sales-to-new-listings ratio, and why 81% of condo investors are now facing a significant monthly bleed. Whether you are looking for your first home or tracking the 2026 housing crash, understanding the supply cliff and the latest bank predictions is essential for your next move. Patience is currently paying off as the market recalibrates. Subscribe for weekly updates on the GTA housing market and let me know in the comments if you think we have finally hit the bottom or if prices have further to slide. #GTARealEstate #TorontoHousingMarket #HousingMarket2026 #TorontoRealEstate #RealEstateInvesting #MarketUpdate #CanadaHousing