{"id":55,"date":"2026-09-21T15:00:00","date_gmt":"2026-09-21T15:00:00","guid":{"rendered":"https:\/\/www.apurbasaharealestate.com\/blog\/2026\/09\/21\/toronto-home-prices-slip-below-1m\/"},"modified":"2026-09-21T15:00:00","modified_gmt":"2026-09-21T15:00:00","slug":"toronto-home-prices-slip-below-1m","status":"publish","type":"post","link":"https:\/\/www.apurbasaharealestate.com\/blog\/2026\/09\/21\/toronto-home-prices-slip-below-1m\/","title":{"rendered":"Toronto Home Prices Slip Below $1M"},"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\/apurba-saha\/toronto-area-home-prices-dip-below-1-million-for-second-time-this-year-1eaa\" 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>As someone who\u2019s helped buyers and sellers across every stage of life, I\u2019m always watching for shifts in Toronto\u2019s housing market\u2014and the latest numbers are worth a closer look. For the first time in a while, the average home price in our area has dipped just below $1M, settling around $993K. That\u2019s about 3% less than last year, and for many buyers, it\u2019s a small but meaningful boost to affordability.<\/p>\n<p>At the same time, there are fewer homes coming to market\u2014new listings dropped roughly 14% this period to about 12,100. Fewer choices can make the search tougher, especially for newcomers or growing families hoping to find the right fit. In total, just over 5,000 sales were reported (down about 2% from last year), and with less inventory, competition could heat up again, putting upward pressure on prices.<\/p>\n<p>While steady mortgage rates and some positive economic news are giving buyers a nudge, concerns about inflation and future borrowing costs are on everyone\u2019s mind. If homes remain scarce and prices inch upward, I wouldn\u2019t be surprised to see more buyers making decisions sooner\u2014and perhaps, more sellers deciding it\u2019s time to list. In every market, clarity and patience remain key. If you\u2019re weighing your options, let\u2019s approach it together with the same careful attention I brought to every classroom and every client.<\/p>\n<\/p><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>As someone who\u2019s helped buyers and sellers across every stage of life, I\u2019m always watching for shifts in Toronto\u2019s housing market\u2014and the latest numbers are worth a closer look. For the first time in a while, the average home price in our area has dipped just below $1M, settling around $993K. That\u2019s about 3% less [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":56,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-55","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.apurbasaharealestate.com\/blog\/wp-json\/wp\/v2\/posts\/55","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.apurbasaharealestate.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.apurbasaharealestate.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/www.apurbasaharealestate.com\/blog\/wp-json\/wp\/v2\/comments?post=55"}],"version-history":[{"count":0,"href":"https:\/\/www.apurbasaharealestate.com\/blog\/wp-json\/wp\/v2\/posts\/55\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.apurbasaharealestate.com\/blog\/wp-json\/wp\/v2\/media\/56"}],"wp:attachment":[{"href":"https:\/\/www.apurbasaharealestate.com\/blog\/wp-json\/wp\/v2\/media?parent=55"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.apurbasaharealestate.com\/blog\/wp-json\/wp\/v2\/categories?post=55"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.apurbasaharealestate.com\/blog\/wp-json\/wp\/v2\/tags?post=55"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}