{"id":63,"date":"2026-10-01T09:00:00","date_gmt":"2026-10-01T09:00:00","guid":{"rendered":"https:\/\/www.gtatorontohomes.com\/blog\/?p=63"},"modified":"2026-10-01T09:00:00","modified_gmt":"2026-10-01T09:00:00","slug":"ontario-micro-condos-face-steep-depreciation","status":"publish","type":"post","link":"https:\/\/www.gtatorontohomes.com\/blog\/2026\/10\/01\/ontario-micro-condos-face-steep-depreciation\/","title":{"rendered":"Ontario Micro-Condos Face Steep Depreciation"},"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\/surender-tandal\/home-depreciating-toronto-remotion-videos-afb6\" 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>GTA avg. home selling price was $993K in Mid-Q3 2026, down ~3% yearly, showing the broader market continued easing overall for buyers.<br \/>\nGTA condo apartments averaged $618K in Mid-Q3 2026, below the prior year&#039;s level, while the smallest units posted the market&#039;s sharpest depreciation.<br \/>\nMicro condos, under 500 sq-ft, were toughest to move in the GTA, with limited end-user appeal and buyers gaining access to larger options.<br \/>\nIn Early-Q3, condos sold below list in ~98% of GTA neighbourhoods with at least five sales, giving active buyers unusually broad negotiating room.<br \/>\nSingle-family homes also saw underbidding across ~92% of GTA neighbourhoods, but condos were more sensitive as investor demand faded and more investor-friendly units lingered.<\/p>\n<\/p><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>GTA avg. home selling price was $993K in Mid-Q3 2026, down ~3% yearly, showing the broader market continued easing overall for buyers. GTA condo apartments averaged $618K in Mid-Q3 2026, below the prior year&#039;s level, while the smallest units posted the market&#039;s sharpest depreciation. Micro condos, under 500 sq-ft, were toughest to move in the [&hellip;]<\/p>\n","protected":false},"author":149,"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.gtatorontohomes.com\/blog\/wp-json\/wp\/v2\/posts\/63","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.gtatorontohomes.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gtatorontohomes.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gtatorontohomes.com\/blog\/wp-json\/wp\/v2\/users\/149"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gtatorontohomes.com\/blog\/wp-json\/wp\/v2\/comments?post=63"}],"version-history":[{"count":1,"href":"https:\/\/www.gtatorontohomes.com\/blog\/wp-json\/wp\/v2\/posts\/63\/revisions"}],"predecessor-version":[{"id":65,"href":"https:\/\/www.gtatorontohomes.com\/blog\/wp-json\/wp\/v2\/posts\/63\/revisions\/65"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.gtatorontohomes.com\/blog\/wp-json\/wp\/v2\/media\/64"}],"wp:attachment":[{"href":"https:\/\/www.gtatorontohomes.com\/blog\/wp-json\/wp\/v2\/media?parent=63"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gtatorontohomes.com\/blog\/wp-json\/wp\/v2\/categories?post=63"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gtatorontohomes.com\/blog\/wp-json\/wp\/v2\/tags?post=63"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}