Toronto's housing market shows a sharp divide: luxury neighborhoods like Lawrence Park and Oakville have median home prices from $2.3 million to $4.5 million, while condo-heavy areas in Brampton, Mississauga, and Vaughan remain under $500,000. Affordability concerns are high, with 88% of residents worried. Rate cuts have revived demand in mid-range low-rise neighborhoods priced between $800,000 and $1.4 million.