{"id":87,"date":"2026-10-12T09:00:00","date_gmt":"2026-10-12T09:00:00","guid":{"rendered":"https:\/\/www.realtyprime.ca\/blog\/?p=87"},"modified":"2026-10-12T09:00:00","modified_gmt":"2026-10-12T09:00:00","slug":"gta-market-cools-as-prices-and-sales-ease","status":"publish","type":"post","link":"https:\/\/www.realtyprime.ca\/blog\/2026\/10\/12\/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\" src=\"https:\/\/www.roomvu.com\/agent\/embed\/sam-alhashlamoun\/greater-toronto-real-estate-market-declines-in-july-amid-falling-prices-and-slowing-sales-remotion-videos-f44e\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen><br \/>\n        <\/iframe>\n    <\/div>\n<div class=\"video-description-zmyer\">\n<p>The market across Greater Toronto is showing clear signs of cooling as we move through Early-Q3. Home sales reached around 6,000\u2014down about 1% from last year, ending a four-month streak of annual growth. Month-over-month, activity did tick up slightly by 3%. The average selling price held at approximately $1 million, but the typical-home benchmark slipped nearly 5% from last year, giving buyers continued leverage in most areas. Detached homes saw a modest 1% annual rise in sales, while semi-detached, townhouse, and condo apartment sales were either down or flat. What stands out most to me, with my background in both construction and long-term property management, is the tightening supply: new listings dropped to 14,500 (an 18% decrease), and active listings are down 12% to 26,100. This shrinking pool of fresh options is likely to influence price negotiations, potentially supporting more balanced conditions if buyer confidence returns. As always, navigating these shifts requires a long-term perspective\u2014something our family-led team is proud to provide throughout every stage of the property journey.<\/p>\n<\/p><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The market across Greater Toronto is showing clear signs of cooling as we move through Early-Q3. Home sales reached around 6,000\u2014down about 1% from last year, ending a four-month streak of annual growth. Month-over-month, activity did tick up slightly by 3%. The average selling price held at approximately $1 million, but the typical-home benchmark slipped [&hellip;]<\/p>\n","protected":false},"author":331,"featured_media":88,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-87","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-posts"],"_links":{"self":[{"href":"https:\/\/www.realtyprime.ca\/blog\/wp-json\/wp\/v2\/posts\/87","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.realtyprime.ca\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.realtyprime.ca\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.realtyprime.ca\/blog\/wp-json\/wp\/v2\/users\/331"}],"replies":[{"embeddable":true,"href":"https:\/\/www.realtyprime.ca\/blog\/wp-json\/wp\/v2\/comments?post=87"}],"version-history":[{"count":1,"href":"https:\/\/www.realtyprime.ca\/blog\/wp-json\/wp\/v2\/posts\/87\/revisions"}],"predecessor-version":[{"id":89,"href":"https:\/\/www.realtyprime.ca\/blog\/wp-json\/wp\/v2\/posts\/87\/revisions\/89"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.realtyprime.ca\/blog\/wp-json\/wp\/v2\/media\/88"}],"wp:attachment":[{"href":"https:\/\/www.realtyprime.ca\/blog\/wp-json\/wp\/v2\/media?parent=87"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.realtyprime.ca\/blog\/wp-json\/wp\/v2\/categories?post=87"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.realtyprime.ca\/blog\/wp-json\/wp\/v2\/tags?post=87"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}