{"id":143,"date":"2026-10-29T16:00:00","date_gmt":"2026-10-29T16:00:00","guid":{"rendered":"https:\/\/www.moghaddam.ca\/blog\/?p=143"},"modified":"2026-10-29T16:00:00","modified_gmt":"2026-10-29T16:00:00","slug":"gta-homebuyer-competition-weakens-further","status":"publish","type":"post","link":"https:\/\/www.moghaddam.ca\/blog\/2026\/10\/29\/gta-homebuyer-competition-weakens-further\/","title":{"rendered":"GTA Homebuyer Competition Weakens Further"},"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\/alireza-moghaddam\/single-family-demand-remotion-videos-bf60\" 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>Buyer competition across the GTA continued to ease through mid-Q3, with only 2% of qualifying neighbourhoods experiencing overbidding\u2014down from 3% earlier in the quarter. Out of 267 qualifying areas, an overwhelming 97% of homes sold below the asking price, and just 1% at asking, signaling that bidding wars have truly become the exception rather than the rule. The gap between condos and single-family homes is shrinking as well: 95% of single-family neighbourhoods and 98% of condo neighbourhoods saw underbids. An economist recently noted that mid-Q3 marked one of the quietest stretches for GTA real estate in recent memory, which has translated into less competition for buyers. Looking at the numbers, 79% of the 4,200 homes sold in mid-Q3 changed hands below asking\u2014up slightly from 78% earlier in the quarter\u2014as even single-family properties now reflect the softer demand. As someone who closely tracks these shifts to guide clients through every market condition, I see this as a unique opportunity for buyers to approach the GTA market with renewed confidence.<\/p>\n<\/p><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Buyer competition across the GTA continued to ease through mid-Q3, with only 2% of qualifying neighbourhoods experiencing overbidding\u2014down from 3% earlier in the quarter. Out of 267 qualifying areas, an overwhelming 97% of homes sold below the asking price, and just 1% at asking, signaling that bidding wars have truly become the exception rather than [&hellip;]<\/p>\n","protected":false},"author":15,"featured_media":144,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-143","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-posts"],"_links":{"self":[{"href":"https:\/\/www.moghaddam.ca\/blog\/wp-json\/wp\/v2\/posts\/143","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.moghaddam.ca\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.moghaddam.ca\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.moghaddam.ca\/blog\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/www.moghaddam.ca\/blog\/wp-json\/wp\/v2\/comments?post=143"}],"version-history":[{"count":1,"href":"https:\/\/www.moghaddam.ca\/blog\/wp-json\/wp\/v2\/posts\/143\/revisions"}],"predecessor-version":[{"id":145,"href":"https:\/\/www.moghaddam.ca\/blog\/wp-json\/wp\/v2\/posts\/143\/revisions\/145"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.moghaddam.ca\/blog\/wp-json\/wp\/v2\/media\/144"}],"wp:attachment":[{"href":"https:\/\/www.moghaddam.ca\/blog\/wp-json\/wp\/v2\/media?parent=143"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.moghaddam.ca\/blog\/wp-json\/wp\/v2\/categories?post=143"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.moghaddam.ca\/blog\/wp-json\/wp\/v2\/tags?post=143"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}