{"id":1755,"date":"2026-06-27T08:05:46","date_gmt":"2026-06-27T13:05:46","guid":{"rendered":"https:\/\/www.realestategtatoday.ca\/index.php\/2026\/06\/27\/is-the-500k-home-making-a-comeback-new-data-reveals-a-surprising-shift\/"},"modified":"2026-06-27T08:05:46","modified_gmt":"2026-06-27T13:05:46","slug":"is-the-500k-home-making-a-comeback-new-data-reveals-a-surprising-shift","status":"publish","type":"post","link":"https:\/\/www.realestategtatoday.ca\/index.php\/2026\/06\/27\/is-the-500k-home-making-a-comeback-new-data-reveals-a-surprising-shift\/","title":{"rendered":"Is the $500K Home Making a Comeback? New Data Reveals a Surprising Shift"},"content":{"rendered":"

A new report from the Municipal Property Assessment Corp. (MPAC) suggests that the Ontario housing market is undergoing a significant rebalancing. According to the data, homes valued under $500,000 now account for nearly 24% of the market, a notable climb from 17% in 2022. This shift is primarily driven by the condominium sector, where 46% of units are now valued below the $500,000 threshold\u2014a massive jump from just 24% four years ago.<\/p>\n

While this trend offers a glimmer of hope for buyers previously priced out of the Greater Toronto Area, the reality remains complex: the share of affordable homes is still nowhere near the 67% seen a decade ago. Furthermore, detached and semi-detached homes remain increasingly out of reach compared to 2016 levels. For a deeper dive into these municipal trends and to see how your specific region compares, read the full report at CTV News.<\/p>\n

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

New data shows homes under $500K are rising in market share. Is affordability finally returning to the Ontario housing landscape?<\/p>\n","protected":false},"author":3,"featured_media":1754,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[178,206],"tags":[224,182,314,193,244],"class_list":["post-1755","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-data","category-residential","tag-condo-market","tag-gta","tag-housing-affordability","tag-market-trends","tag-ontario-real-estate"],"_links":{"self":[{"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/posts\/1755","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=1755"}],"version-history":[{"count":0,"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/posts\/1755\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/media\/1754"}],"wp:attachment":[{"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/media?parent=1755"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/categories?post=1755"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/tags?post=1755"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}