There are no easy solutions for brokers in such a situation. Donaldson said common steps might include changing lenders, ordering a new appraisal, and showing them a comparison with reasons why the broker believes the value is there.<\/p>\n
That can mean the broker\u2019s role might more closely resemble project management than sales. \u201cAs a mortgage broker, you\u2019re basically a quarterback,\u201d Donaldson said. \u201cYou\u2019re quarterbacking the appraisal, the legals, working with the lender.<\/p>\n
\u201cThere are a lot of moving parts you can\u2019t fully control, but you can support the value as best you can.\u201d<\/p>\n
What’s the outlook for Toronto home prices in the second half of 2026?<\/p>\n
Despite those challenges, TRREB sees green shoots emerging in the Toronto market. Chief information officer Jason Mercer noted that the annual rate of decline in prices has fallen in the past several months, a trend that\u2019s likely to continue.<\/p>\n
\u201cIf market conditions continue to tighten in the second half of 2026, selling prices could move in line with 2025 and eventually post some increases,\u201d he said in remarks accompanying the board\u2019s latest release. \u201cThis would give an increasing number of households the confidence to move back into the marketplace.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"There are no easy solutions for brokers in such a situation. Donaldson said common steps might include changing…\n","protected":false},"author":2,"featured_media":119646,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[40639,6172,48,13899],"class_list":["post-119645","post","type-post","status-publish","format-standard","has-post-thumbnail","category-toronto","tag-appraisals","tag-prices","tag-toronto","tag-toronto-housing-market"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/posts\/119645","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/comments?post=119645"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/posts\/119645\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/media\/119646"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/media?parent=119645"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/categories?post=119645"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/tags?post=119645"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}