{"id":1113,"date":"2026-02-09T09:00:55","date_gmt":"2026-02-09T14:00:55","guid":{"rendered":"https:\/\/www.realestategtatoday.ca\/index.php\/2026\/02\/09\/gta-condo-prices-dip-more-units-selling-in-the-300000s\/"},"modified":"2026-02-09T09:00:55","modified_gmt":"2026-02-09T14:00:55","slug":"gta-condo-prices-dip-more-units-selling-in-the-300000s","status":"publish","type":"post","link":"https:\/\/www.realestategtatoday.ca\/index.php\/2026\/02\/09\/gta-condo-prices-dip-more-units-selling-in-the-300000s\/","title":{"rendered":"GTA Condo Prices Dip: More Units Selling in the $300,000s"},"content":{"rendered":"

The Toronto real estate market is showing signs of a shift, with a growing number of condos selling in the $300,000s range. After pandemic highs where even small studios fetched over $500,000, prices are adjusting, offering potential entry points for first-time homebuyers and investors. January saw the average GTA home price dip below $1 million for the first time in five years, with sales hitting a 25-year low and prices down 27% from the February 2022 peak.<\/p>\n

While larger units hold their value, smaller condos face a surplus due to decreased investor interest. Despite economic challenges, some buyers are drawn by return-to-office mandates and long-term investment opportunities. Single-family homes under $1 million are also increasing, particularly in Toronto’s east end. <\/p>\n

For the full story and more detailed market analysis, check out the original article on thestar.com.<\/p>\n

<\/p>\n

<\/div>\n

Source: Read the original article<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Toronto condo prices are softening! More units are now selling in the $300,000s as the market corrects, offering new opportunities for buyers. <\/p>\n","protected":false},"author":3,"featured_media":1112,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[178,206],"tags":[224,182,221,562,398,207],"class_list":["post-1113","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-data","category-residential","tag-condo-market","tag-gta","tag-housing-prices","tag-market-correction","tag-real-estate-trends","tag-toronto"],"_links":{"self":[{"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/posts\/1113","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/comments?post=1113"}],"version-history":[{"count":0,"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/posts\/1113\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/media\/1112"}],"wp:attachment":[{"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/media?parent=1113"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/categories?post=1113"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/tags?post=1113"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}