{"id":63,"date":"2026-10-28T13:00:00","date_gmt":"2026-10-28T13:00:00","guid":{"rendered":"https:\/\/www.gianfrancoamendola.ca\/blog\/?p=63"},"modified":"2026-10-28T13:00:00","modified_gmt":"2026-10-28T13:00:00","slug":"toronto-listings-fall-faster-than-sales","status":"publish","type":"post","link":"https:\/\/www.gianfrancoamendola.ca\/blog\/2026\/10\/28\/toronto-listings-fall-faster-than-sales\/","title":{"rendered":"Toronto Listings Fall Faster Than Sales"},"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\/gianfranco-amendola\/gta-listings-falling-remotion-videos-0500\" 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>This past Late-Q3, the Greater Toronto Area saw 5,040 home sales\u2014a decrease of about 9% year over year. Interestingly, new listings dropped even more sharply, down nearly 14% to 16,500. This subtle tightening nudged the sales-to-new-listings ratio up a bit to roughly 31% from 29%, but it\u2019s important to note this shift was driven by fewer homes hitting the market, not an uptick in buyer demand. Both the average selling price and benchmark price declined by about 5% compared to last year, while active listings finished the quarter at 26,100, also down 9%. That leaves inventory sitting at just over five months of sales\u2014virtually unchanged from last year.<\/p>\n<p>On average, homes sold in 34 days, but when accounting for relisted properties, the true timeline stretched to 51 days. This longer exposure isn\u2019t always obvious at a glance, so it\u2019s something I always help my clients unpack when reviewing comparable sales. While the raw average price crept up month over month to $1.01M, the adjusted figures tell a slightly softer story, highlighting the importance of careful, informed pricing strategies in today\u2019s evolving market. With fresh inventory supporting more accurate comparable reviews, it\u2019s clear that setting a realistic asking price is key\u2014automatic price jumps simply aren\u2019t happening. Navigating these shifts takes both experience and local knowledge, and I\u2019m committed to guiding clients through every nuance so they can make confident decisions, whether buying, selling, or investing.<\/p>\n<\/p><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>This past Late-Q3, the Greater Toronto Area saw 5,040 home sales\u2014a decrease of about 9% year over year. Interestingly, new listings dropped even more sharply, down nearly 14% to 16,500. This subtle tightening nudged the sales-to-new-listings ratio up a bit to roughly 31% from 29%, but it\u2019s important to note this shift was driven by [&hellip;]<\/p>\n","protected":false},"author":524,"featured_media":64,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-63","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-posts"],"_links":{"self":[{"href":"https:\/\/www.gianfrancoamendola.ca\/blog\/wp-json\/wp\/v2\/posts\/63","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.gianfrancoamendola.ca\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gianfrancoamendola.ca\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gianfrancoamendola.ca\/blog\/wp-json\/wp\/v2\/users\/524"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gianfrancoamendola.ca\/blog\/wp-json\/wp\/v2\/comments?post=63"}],"version-history":[{"count":1,"href":"https:\/\/www.gianfrancoamendola.ca\/blog\/wp-json\/wp\/v2\/posts\/63\/revisions"}],"predecessor-version":[{"id":65,"href":"https:\/\/www.gianfrancoamendola.ca\/blog\/wp-json\/wp\/v2\/posts\/63\/revisions\/65"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.gianfrancoamendola.ca\/blog\/wp-json\/wp\/v2\/media\/64"}],"wp:attachment":[{"href":"https:\/\/www.gianfrancoamendola.ca\/blog\/wp-json\/wp\/v2\/media?parent=63"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gianfrancoamendola.ca\/blog\/wp-json\/wp\/v2\/categories?post=63"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gianfrancoamendola.ca\/blog\/wp-json\/wp\/v2\/tags?post=63"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}