{"id":61,"date":"2026-09-30T11:00:00","date_gmt":"2026-09-30T11:00:00","guid":{"rendered":"https:\/\/www.corinneturanskyeasternontariorealtor.com\/blog\/?p=61"},"modified":"2026-09-30T11:00:00","modified_gmt":"2026-09-30T11:00:00","slug":"gta-homebuyer-competition-weakens-further","status":"publish","type":"post","link":"https:\/\/www.corinneturanskyeasternontariorealtor.com\/blog\/2026\/09\/30\/gta-homebuyer-competition-weakens-further\/","title":{"rendered":"GTA Homebuyer Competition Weakens Further"},"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\/corinne-turansky\/single-family-demand-remotion-videos-bf60\" 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>We\u2019ve seen GTA homebuyer competition take another step back this Mid-Q3. Only 2% of qualifying neighbourhoods saw homes sell above asking, down from 3% earlier in the quarter\u2014making bidding wars even less common. Of the 267 qualifying neighbourhoods, a full 97% sold under asking and just 1% hit the asking price. For anyone navigating the market, this means a quieter playing field, as even economists have noted this as one of GTA\u2019s calmest stretches in recent memory. The gap between condos and single-family homes continues to shrink, too: 95% of single-family neighbourhoods and 98% of condo areas saw homes sell below asking. Out of the 4,200 homes sold, 79% were below list price. As someone who values honest advice and keeping stress at bay for my clients, I see this as a time where buyers can approach their search with a bit more confidence, knowing fierce bidding is less likely.<\/p>\n<\/p><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>We\u2019ve seen GTA homebuyer competition take another step back this Mid-Q3. Only 2% of qualifying neighbourhoods saw homes sell above asking, down from 3% earlier in the quarter\u2014making bidding wars even less common. Of the 267 qualifying neighbourhoods, a full 97% sold under asking and just 1% hit the asking price. For anyone navigating the [&hellip;]<\/p>\n","protected":false},"author":95,"featured_media":62,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-61","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-posts"],"_links":{"self":[{"href":"https:\/\/www.corinneturanskyeasternontariorealtor.com\/blog\/wp-json\/wp\/v2\/posts\/61","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.corinneturanskyeasternontariorealtor.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.corinneturanskyeasternontariorealtor.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.corinneturanskyeasternontariorealtor.com\/blog\/wp-json\/wp\/v2\/users\/95"}],"replies":[{"embeddable":true,"href":"https:\/\/www.corinneturanskyeasternontariorealtor.com\/blog\/wp-json\/wp\/v2\/comments?post=61"}],"version-history":[{"count":1,"href":"https:\/\/www.corinneturanskyeasternontariorealtor.com\/blog\/wp-json\/wp\/v2\/posts\/61\/revisions"}],"predecessor-version":[{"id":63,"href":"https:\/\/www.corinneturanskyeasternontariorealtor.com\/blog\/wp-json\/wp\/v2\/posts\/61\/revisions\/63"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.corinneturanskyeasternontariorealtor.com\/blog\/wp-json\/wp\/v2\/media\/62"}],"wp:attachment":[{"href":"https:\/\/www.corinneturanskyeasternontariorealtor.com\/blog\/wp-json\/wp\/v2\/media?parent=61"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.corinneturanskyeasternontariorealtor.com\/blog\/wp-json\/wp\/v2\/categories?post=61"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.corinneturanskyeasternontariorealtor.com\/blog\/wp-json\/wp\/v2\/tags?post=61"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}