{"id":26,"date":"2026-09-24T13:00:00","date_gmt":"2026-09-24T13:00:00","guid":{"rendered":"http:\/\/blogs.room-vu.com\/remaxshan-com\/2026\/09\/24\/in-10-toronto-resales-fell-below-purchase-price\/"},"modified":"2026-09-24T13:00:00","modified_gmt":"2026-09-24T13:00:00","slug":"in-10-toronto-resales-fell-below-purchase-price","status":"publish","type":"post","link":"https:\/\/www.remaxshan.com\/blog\/2026\/09\/24\/in-10-toronto-resales-fell-below-purchase-price\/","title":{"rendered":"In 10 Toronto Resales Fell Below Purchase Price"},"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\/shan-thayaparan\/toronto-homeowners-loss-remotion-videos-c72f\"\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>After more than 20 years in Toronto real estate, I\u2019ve seen market highs, lows, and everything in between. Lately, I\u2019m hearing from owners who bought at the market\u2019s peak, only to find that current comparable sales often fall below what they paid. It\u2019s a tough reality, but it doesn\u2019t always spell trouble. If you\u2019ve built up enough equity, selling below your purchase price doesn\u2019t necessarily mean financial strain\u2014you may still be able to settle your mortgage and move forward.<\/p>\n<p>Before deciding to sell, I always advise my clients to pause and ask: Is a move truly necessary, or could holding on or renovating be the smarter play, especially when factoring in potential sale losses and another round of land transfer tax? Many freehold owners are leaning toward renovations and a longer-term hold for just this reason.<\/p>\n<p>One thing remains clear: buyers today are laser-focused on current value, not what you originally paid. Setting a realistic price and approaching the process with empathy can make all the difference. In my experience, a thoughtful, multi-dimensional perspective\u2014one that weighs both market data and your personal circumstances\u2014helps turn challenging decisions into opportunities for financial growth.<\/p>\n<\/p><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>After more than 20 years in Toronto real estate, I\u2019ve seen market highs, lows, and everything in between. Lately, I\u2019m hearing from owners who bought at the market\u2019s peak, only to find that current comparable sales often fall below what they paid. It\u2019s a tough reality, but it doesn\u2019t always spell trouble. If you\u2019ve built [&hellip;]<\/p>\n","protected":false},"author":334,"featured_media":56,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-26","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-posts"],"_links":{"self":[{"href":"https:\/\/www.remaxshan.com\/blog\/wp-json\/wp\/v2\/posts\/26","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.remaxshan.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.remaxshan.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.remaxshan.com\/blog\/wp-json\/wp\/v2\/users\/334"}],"replies":[{"embeddable":true,"href":"https:\/\/www.remaxshan.com\/blog\/wp-json\/wp\/v2\/comments?post=26"}],"version-history":[{"count":0,"href":"https:\/\/www.remaxshan.com\/blog\/wp-json\/wp\/v2\/posts\/26\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.remaxshan.com\/blog\/wp-json\/wp\/v2\/media\/56"}],"wp:attachment":[{"href":"https:\/\/www.remaxshan.com\/blog\/wp-json\/wp\/v2\/media?parent=26"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.remaxshan.com\/blog\/wp-json\/wp\/v2\/categories?post=26"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.remaxshan.com\/blog\/wp-json\/wp\/v2\/tags?post=26"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}