{"id":13,"date":"2026-09-10T09:00:00","date_gmt":"2026-09-10T09:00:00","guid":{"rendered":"http:\/\/blogs.room-vu.com\/luckyhomesrealty-ca\/2026\/09\/10\/gta-condos-buyers-still-in-control-in-july\/"},"modified":"2026-09-10T09:00:00","modified_gmt":"2026-09-10T09:00:00","slug":"gta-condos-buyers-still-in-control-in-july","status":"publish","type":"post","link":"https:\/\/www.luckyhomesrealty.ca\/blog\/2026\/09\/10\/gta-condos-buyers-still-in-control-in-july\/","title":{"rendered":"GTA Condos: Buyers Still in Control in July"},"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\/arul-sivasubramaniam\/gta-condo-market-stays-under-pressure-as-july-listings-shrink-remotion-videos-d629\"\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>In the early third quarter, GTA condo buyers have maintained a strong position. Sales reached 1,560 units\u2014virtually unchanged from last year\u2014while the region\u2019s benchmark price dropped about 7% to $535,200. New condo listings surged to 4,190, more than double completed sales, which has kept active supply high and put buyers in the driver\u2019s seat when it comes to negotiating. On average, condos across the GTA sold for close to 97% of their asking price, taking about 40 days on the market\u2014an indicator that properties are moving more slowly and sellers are facing stiffer competition.<\/p>\n<p>There are still notable price differences across the GTA: Toronto\u2019s (416) average condo price stood at $672,800 in early Q3, while units in the 905 averaged $560,900, with softer pricing especially outside the city core. While officials note that improvements in growth and employment could boost market confidence in the coming months, the GTA condo market remains in flux due to continued high supply.<\/p>\n<p>Drawing on my experience navigating both shifting and stable markets since 2009, I see these conditions as both a challenge and an opportunity for buyers and sellers. In this environment, informed decisions and effective negotiation are more important than ever. Through Lucky Homes Realty, I remain committed to providing clients with the insight and guidance needed to make confident real estate moves across the GTA.<\/p>\n<\/p><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>In the early third quarter, GTA condo buyers have maintained a strong position. Sales reached 1,560 units\u2014virtually unchanged from last year\u2014while the region\u2019s benchmark price dropped about 7% to $535,200. New condo listings surged to 4,190, more than double completed sales, which has kept active supply high and put buyers in the driver\u2019s seat when [&hellip;]<\/p>\n","protected":false},"author":234,"featured_media":42,"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.luckyhomesrealty.ca\/blog\/wp-json\/wp\/v2\/posts\/13","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.luckyhomesrealty.ca\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.luckyhomesrealty.ca\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.luckyhomesrealty.ca\/blog\/wp-json\/wp\/v2\/users\/234"}],"replies":[{"embeddable":true,"href":"https:\/\/www.luckyhomesrealty.ca\/blog\/wp-json\/wp\/v2\/comments?post=13"}],"version-history":[{"count":0,"href":"https:\/\/www.luckyhomesrealty.ca\/blog\/wp-json\/wp\/v2\/posts\/13\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.luckyhomesrealty.ca\/blog\/wp-json\/wp\/v2\/media\/42"}],"wp:attachment":[{"href":"https:\/\/www.luckyhomesrealty.ca\/blog\/wp-json\/wp\/v2\/media?parent=13"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.luckyhomesrealty.ca\/blog\/wp-json\/wp\/v2\/categories?post=13"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.luckyhomesrealty.ca\/blog\/wp-json\/wp\/v2\/tags?post=13"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}