{"id":13,"date":"2026-09-09T11:00:00","date_gmt":"2026-09-09T11:00:00","guid":{"rendered":"http:\/\/blogs.room-vu.com\/yourhomeandcondo-com\/2026\/09\/09\/gta-market-cools-as-prices-and-sales-ease\/"},"modified":"2026-09-09T11:00:00","modified_gmt":"2026-09-09T11:00:00","slug":"gta-market-cools-as-prices-and-sales-ease","status":"publish","type":"post","link":"https:\/\/www.yourhomeandcondo.com\/blog\/2026\/09\/09\/gta-market-cools-as-prices-and-sales-ease\/","title":{"rendered":"GTA Market Cools as Prices and Sales Ease"},"content":{"rendered":"<div class=\"video-zmyer\">\n<div class=\"video-frame-zmyer\">\n        <iframe loading=\"lazy\" width=\"640\" height=\"640\"\n                src=\"https:\/\/www.roomvu.com\/agent\/embed\/javed-noor\/greater-toronto-real-estate-market-declines-in-july-amid-falling-prices-and-slowing-sales-remotion-videos-f44e\"\n                frameborder=\"0\"\n                allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\"\n                allowfullscreen><br \/>\n        <\/iframe>\n    <\/div>\n<div class=\"video-description-zmyer\">\n<p>The Greater Toronto Area market has shown some cooling signs in early Q3, with home sales coming in around 6,000\u2014down about 1% year-over-year after several months of gains. Month-over-month, activity actually picked up by roughly 3%. The average selling price hovered near $1 million, and the benchmark price for a typical home dropped nearly 5% compared to last year. That means buyers are still able to negotiate across much of the GTA. Looking at specific housing types, detached home sales rose about 1% year-over-year, but semi-detached, townhouses, and condo apartments saw either slight declines or remained flat. One of the more notable shifts is on the supply side: new listings fell to approximately 14,500, a decrease of 18% from last year, and active listings dropped 12% to about 26,100. With fewer new options hitting the market, and sales taking up a greater share of what&#039;s available, we could see less room for negotiation as inventory tightens\u2014potentially setting the stage for more balanced conditions if confidence returns. Having spent over a decade helping buyers and sellers navigate the GTA market, I know how quickly these shifts can affect your next move. Staying informed makes all the difference.<\/p>\n<\/p><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Greater Toronto Area market has shown some cooling signs in early Q3, with home sales coming in around 6,000\u2014down about 1% year-over-year after several months of gains. Month-over-month, activity actually picked up by roughly 3%. The average selling price hovered near $1 million, and the benchmark price for a typical home dropped nearly 5% [&hellip;]<\/p>\n","protected":false},"author":439,"featured_media":40,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-13","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-posts"],"_links":{"self":[{"href":"https:\/\/www.yourhomeandcondo.com\/blog\/wp-json\/wp\/v2\/posts\/13","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.yourhomeandcondo.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.yourhomeandcondo.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.yourhomeandcondo.com\/blog\/wp-json\/wp\/v2\/users\/439"}],"replies":[{"embeddable":true,"href":"https:\/\/www.yourhomeandcondo.com\/blog\/wp-json\/wp\/v2\/comments?post=13"}],"version-history":[{"count":0,"href":"https:\/\/www.yourhomeandcondo.com\/blog\/wp-json\/wp\/v2\/posts\/13\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.yourhomeandcondo.com\/blog\/wp-json\/wp\/v2\/media\/40"}],"wp:attachment":[{"href":"https:\/\/www.yourhomeandcondo.com\/blog\/wp-json\/wp\/v2\/media?parent=13"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.yourhomeandcondo.com\/blog\/wp-json\/wp\/v2\/categories?post=13"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.yourhomeandcondo.com\/blog\/wp-json\/wp\/v2\/tags?post=13"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}