GTA Real Estate Info

09/25/2026

Condo Market Report
This past quarter, we saw GTA condo sales climb by 8.8%, even as new and active listings dropped by 19.0% and 15.4% respectively. The average condo price slipped 7.5% to $634,972—making the market more accessible for many buyers and sparking renewed interest. If you’re thinking about your next move, it’s worth noting that increased sales activity could help steady prices as we head into 2027. Having spent a decade guiding clients through Toronto’s ever-changing real estate landscape, I’ve seen how these shifts impact everyone—from first-time buyers starting their journey to seasoned homeowners making another transition. My approach remains the same: listen closely, share honest insights, and ensure you feel confident every step of the way.


http://www.persiaatyabigtarealestateteam.com/agent-news/persia-atyabi/1967514-Condo-Market-Report

09/24/2026

In 10 Toronto Resales Fell Below Purchase Price | Real estate made clear and strategic.
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Lately, I’ve had more conversations with Toronto homeowners facing a tough reality: in at least 10 recent resales, properties sold for less than their original purchase price. If you bought during the peak, you’re not alone in noticing that today’s comparable sales may not match what you paid. Before making any decisions, I always encourage my clients to pause and ask—do you truly need to sell right now? Sometimes, holding on and considering renovations is the better move, especially when you factor in potential losses and that extra land transfer tax. For those with enough equity, selling below the purchase price doesn’t automatically spell mortgage trouble—it just means a new set of choices. One thing hasn’t changed: buyers are laser-focused on current value, not past numbers. Setting realistic expectations and leading with empathy has never been more important. After a decade in Toronto real estate, I know every journey is unique—and I’m here to help you navigate yours, every step of the way.

09/23/2026

Toronto Home Prices Slip Below $1M | Real estate made clear and strategic.
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Toronto’s average home price has dipped just below the $1 million mark, settling around $993,000—a shift of about 3% lower than last year. For many buyers, that small drop means affordability has improved, if only slightly. But it’s a mixed picture: new listings fell roughly 14% (to about 12,100 homes), leaving fewer options for those searching. With just over 5,000 sales reported, activity was down about 2% compared to last year, and limited inventory is already fueling a sense of competition among buyers.

From where I sit, having spent a decade guiding clients through Toronto’s ever-shifting market, these numbers signal that timing and preparation matter more than ever—whether you’re a first-time buyer, looking for that perfect upgrade, or planning a right-size move. Flat mortgage rates and some positive economic news are helping, but concerns about future borrowing costs and inflation are still on many minds. If inventory keeps tightening and prices start to climb again, we might see more buyers move quickly and more sellers encouraged to list.

Every client’s situation is unique, and staying close to the market pulse makes all the difference. If you’re weighing your next step, know that a thoughtful, informed approach is always my first priority.

09/22/2026

Expert Guidance for New Construction Homes
Whether you're buying a newly built home, townhome, or condo, get professional representation throughout the entire process—from builder selection to closing.

Whether you're buying a newly built home, townhome, or condo, get professional representation throughout the entire process—from builder selection to closing.

09/22/2026

Larger Toronto Condos Hold Value Better Than Smaller Units
A recent report highlights an important shift in Toronto’s condo landscape—micro condos under 500 sq ft in the GTA saw their values drop by 12.2% from 2020 to 2025, losing value at twice the rate of larger units, which fell by 6.2%. In contrast, Vancouver’s micro condos actually gained 4.9% in value over the same period. Having spent a decade working with everyone from first-time buyers to seasoned homeowners, I’ve seen how the size and layout of a condo can shape both lifestyle and investment potential. For anyone weighing their next move—whether it’s that first purchase or a step up in space—trends like these are part of the bigger picture I walk my clients through. Understanding these market nuances is key to making confident decisions, no matter your stage of homeownership.

09/21/2026

Ontario Micro-Condos Face Steep Depreciation | Real estate made clear and strategic.
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📱 [647-703-4814] | 🌐 [www.TeamPersiaVIPHomes]
Over my ten years working in Toronto real estate, I've seen every trend come and go—yet this season’s numbers for micro-condos are especially telling. In Mid-Q3 2026, the GTA’s average home selling price landed at $993,000, about 3% less than a year ago, continuing the gradual shift to a more buyer-friendly market. Condo apartments averaged $618,000, also below last year's level. But here’s what stands out: the smallest condos, those under 500 square feet, took the biggest hit in value and proved the hardest to sell. Buyers are now able to access more spacious properties, making these micro-units a tough sell with limited appeal for most end-users.

The data is clear: in Early-Q3, about 98% of GTA neighbourhoods with at least five condo sales saw units close below asking price, giving buyers an unusual amount of negotiating power. Even single-family homes faced underbidding in roughly 92% of neighbourhoods, but condos were especially affected as investor demand thinned and investor-geared units lingered on the market. For anyone weighing their next step—whether you’re starting out, upsizing, or considering a change—it’s never been more important to have a grounded understanding of our evolving market. My commitment remains the same: listening first, guiding every decision with care, and drawing on real experience to help you find the right fit.

09/20/2026

Toronto Area Home Prices Dip Below $1 Million | Real estate made clear and strategic.
Let’s get you moving.

📱 [647-703-4814] | 🌐 [www.TeamPersiaVIPHomes]
After a decade guiding clients through every twist and turn of Toronto’s real estate market, I’ve seen how even small shifts can make a real difference. Right now, average home prices in the Toronto area have dipped just below the $1 million mark—landing at about $993,000, roughly 3% less than a year ago. For many buyers, that price drop brings a bit of relief and opens doors that felt out of reach not long ago.

But with new listings down around 14% (to about 12,100), inventory is tighter, leaving buyers with fewer options to consider. Just over 5,000 homes sold in this period—a 2% decrease year-over-year—so while affordability has nudged upward, reduced selection could mean more competition for the homes that are available, helping to keep prices stable.

What’s supporting buyers right now is a mix of flat mortgage rates and some positive economic signals. Still, concerns about trade, potential inflation, and possible increases in borrowing costs are making some households pause. If inventory gets even tighter and prices start to rise again, buyers might feel the push to act sooner, while sellers could be encouraged by improving conditions to bring their homes to market.

Every market cycle is unique, and it’s my job to help you navigate it—whether you’re just starting out, seeking a new chapter, or finding a home that truly fits your life.

09/19/2026

Home sales trending down in Northumberland, average price soars to $721K
Navigating the real estate landscape means keeping an eye on the numbers—and July brought some interesting shifts for Northumberland County. Home sales dipped by 5.3%, landing at 144, yet the average price climbed to $721,450—a 6.5% increase. For those considering their next move, it's notable that while sales saw a slight year-over-year uptick and prices softened, inventory remains healthy and homes are typically on the market between 29 and 60 days. Whether you’re stepping into your first home or seeking something new, understanding these shifts is key to making informed decisions. My approach has always been rooted in careful guidance and market insight, ensuring every client feels confident, no matter where they are on their journey.


http://www.persiaatyabigtarealestateteam.com/agent-news/persia-atyabi/1953541-Home-sales-trending-down-in-Northumberland%2C-average-price-so

09/19/2026

Secure Your Future with Smart Pre-Construction Investments
Exclusive access to top developments, expert guidance, and insights to help you buy before the market moves.

Exclusive access to top developments, expert guidance, and insights to help you buy before the market moves.

09/18/2026

City of Toronto Launches AI Pre-Check with Clariti to Speed Up Housing Approvals
Toronto is taking a forward-thinking step with its new AI-powered Building Permit Application Pre-Check, designed to deliver instant feedback on missing documents and code issues. This should streamline the residential permit approval process and help the city move toward its ambitious target of 285,000 new homes by 2031. As someone who’s spent years guiding clients through every twist and turn of Toronto’s real estate landscape, I know how delays in permitting can affect everything from a first-time buyer’s move-in date to a family’s plans for more space. It’s encouraging to see the city embracing technology to bring more efficiency—and hopefully a smoother path for everyone looking to call Toronto home.


http://www.persiaatyabigtarealestateteam.com/agent-news/persia-atyabi/1957245-City-of-Toronto-Launches-AI-Pre-Check-with-Clariti-to-Speed-