Ontario's housing market shows steady sales with a slight 1.3% year-over-year decline, while new listings dropped 10.8%. Home prices fell across all types: single-family homes by 3.6%, townhouses by 6%, and apartments by 6.9%. Average prices decreased about 3-4%, improving affordability amid negative population growth. The market remains balanced with 4.5 months of inventory, and rents declined 4.5%. Buyers have more negotiating room, but shrinking supply may tighten conditions.