As someone dedicated to guiding clients through the complexities of GTA real estate, I keep a close eye on every shift in the market. By mid-Q3 2026, the average GTA home sold for $993K—about 3% lower than a year earlier, underscoring a market that’s gradually easing for buyers. Condos averaged $618K, also down from last year, but micro condos (under 500 sq-ft) faced the steepest price drops and proved toughest to sell. Many buyers are now prioritizing larger spaces, while smaller units linger on the market. In early Q3, condos sold below list price in approximately 98% of GTA neighbourhoods with five or more sales, a rare window for active buyers to negotiate. Even single-family homes saw underbidding in about 92% of GTA areas, though condos were more sensitive as investor interest softened and some units remained unsold. Staying informed on these trends helps me advocate for your best interests—whether buying, selling, or simply assessing your next move.