{"id":72,"date":"2026-10-03T12:00:00","date_gmt":"2026-10-03T12:00:00","guid":{"rendered":"https:\/\/www.remaxshan.com\/blog\/?p=72"},"modified":"2026-10-03T12:00:00","modified_gmt":"2026-10-03T12:00:00","slug":"gta-new-home-sales-rebound-masks-a-condo-market-in-retreat","status":"publish","type":"post","link":"https:\/\/www.remaxshan.com\/blog\/2026\/10\/03\/gta-new-home-sales-rebound-masks-a-condo-market-in-retreat\/","title":{"rendered":"GTA new home sales rebound masks a condo market in retreat"},"content":{"rendered":"<div class=\"roomvu-news-container\">\n<p>In the GTA, we\u2019re seeing a fascinating split in the new home market. Single-family home sales have rebounded dramatically\u2014up 50% above the average, reaching 781 units sold\u2014thanks in part to the expanded HST rebate. Meanwhile, condo sales have slowed to just 237 units, which is 80% below the norm. Prices tell their own story: single-family homes have adjusted down by 8.5% to an average of $1.36M, while condo prices have inched up 2.5% to $1.05M. Inventory now stands at 18,546 units.<\/p>\n<p>Having spent over twenty years navigating every kind of market shift, I see more than just numbers here. This isn\u2019t just about sales and prices\u2014it\u2019s about understanding where real opportunities for stability and growth lie, whether you\u2019re eyeing a detached home or a condo. My experience as an IT professional and community advocate shapes how I interpret these trends, helping my clients move confidently, no matter the market\u2019s direction. As always, my team and I are here to help you make sense of it all and protect your most important asset.<\/p>\n<p>\t<a class=\"roomvu-news-continue\" href=\"https:\/\/www.mpamag.com\/ca\/mortgage-industry\/market-updates\/gta-new-home-sales-rebound-masks-a-condo-market-in-retreat\/588160\"><\/p>\n<div>Continue to full article<\/div>\n<p>\t<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>In the GTA, we\u2019re seeing a fascinating split in the new home market. Single-family home sales have rebounded dramatically\u2014up 50% above the average, reaching 781 units sold\u2014thanks in part to the expanded HST rebate. Meanwhile, condo sales have slowed to just 237 units, which is 80% below the norm. Prices tell their own story: single-family [&hellip;]<\/p>\n","protected":false},"author":334,"featured_media":73,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-72","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\/72","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=72"}],"version-history":[{"count":1,"href":"https:\/\/www.remaxshan.com\/blog\/wp-json\/wp\/v2\/posts\/72\/revisions"}],"predecessor-version":[{"id":74,"href":"https:\/\/www.remaxshan.com\/blog\/wp-json\/wp\/v2\/posts\/72\/revisions\/74"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.remaxshan.com\/blog\/wp-json\/wp\/v2\/media\/73"}],"wp:attachment":[{"href":"https:\/\/www.remaxshan.com\/blog\/wp-json\/wp\/v2\/media?parent=72"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.remaxshan.com\/blog\/wp-json\/wp\/v2\/categories?post=72"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.remaxshan.com\/blog\/wp-json\/wp\/v2\/tags?post=72"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}