{"id":96,"date":"2026-10-14T17:00:00","date_gmt":"2026-10-14T17:00:00","guid":{"rendered":"https:\/\/www.homesbysunita.com\/blog\/?p=96"},"modified":"2026-10-14T17:00:00","modified_gmt":"2026-10-14T17:00:00","slug":"canadian-home-sales-slide-6-9-yearly","status":"publish","type":"post","link":"https:\/\/www.homesbysunita.com\/blog\/2026\/10\/14\/canadian-home-sales-slide-6-9-yearly\/","title":{"rendered":"Canadian Home Sales Slide 6.9% Yearly"},"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\/sunita-chhabra\/canadian-home-sales-remotion-videos-361b\" 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>The Canadian housing market has shown some notable shifts recently: home sales in mid-Q3 dipped about 1% month-over-month and nearly 7% compared to last year. As someone who has navigated the Greater Toronto Area market with clients from all walks of life, I know how much these numbers can weigh on our decisions\u2014especially with higher mortgage costs and economic uncertainty in the air. Prices held steady month-over-month, but we&#039;re seeing about a 3% yearly decline. Interestingly, new property listings rebounded by roughly 3% after several months of declines, which brings more options for buyers and sellers to consider. The sales-to-new listings ratio eased to around 49%, down from 51% earlier in the quarter, and further below the long-term Canadian average of 55%. Experts are pointing to rising inflation risks and shifting economic growth as a key part of this backdrop, with fixed mortgage rates moving higher due to rising bond yields. At the time, the odds of a rate hike in early Q4 were around 60%, with projections for more tightening by 2027. Whether you\u2019re a first-time buyer, investor, or navigating a unique situation as a new immigrant or entrepreneur, understanding how these changes shape your options is crucial to making confident moves in our evolving market.<\/p>\n<\/p><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Canadian housing market has shown some notable shifts recently: home sales in mid-Q3 dipped about 1% month-over-month and nearly 7% compared to last year. As someone who has navigated the Greater Toronto Area market with clients from all walks of life, I know how much these numbers can weigh on our decisions\u2014especially with higher [&hellip;]<\/p>\n","protected":false},"author":162,"featured_media":97,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-96","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-posts"],"_links":{"self":[{"href":"https:\/\/www.homesbysunita.com\/blog\/wp-json\/wp\/v2\/posts\/96","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.homesbysunita.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.homesbysunita.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.homesbysunita.com\/blog\/wp-json\/wp\/v2\/users\/162"}],"replies":[{"embeddable":true,"href":"https:\/\/www.homesbysunita.com\/blog\/wp-json\/wp\/v2\/comments?post=96"}],"version-history":[{"count":1,"href":"https:\/\/www.homesbysunita.com\/blog\/wp-json\/wp\/v2\/posts\/96\/revisions"}],"predecessor-version":[{"id":98,"href":"https:\/\/www.homesbysunita.com\/blog\/wp-json\/wp\/v2\/posts\/96\/revisions\/98"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.homesbysunita.com\/blog\/wp-json\/wp\/v2\/media\/97"}],"wp:attachment":[{"href":"https:\/\/www.homesbysunita.com\/blog\/wp-json\/wp\/v2\/media?parent=96"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.homesbysunita.com\/blog\/wp-json\/wp\/v2\/categories?post=96"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.homesbysunita.com\/blog\/wp-json\/wp\/v2\/tags?post=96"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}