{"id":92,"date":"2026-02-27T13:23:46","date_gmt":"2026-02-27T13:23:46","guid":{"rendered":"https:\/\/donemortgage.ca\/blogs\/?p=92"},"modified":"2026-08-21T20:28:41","modified_gmt":"2026-08-21T20:28:41","slug":"gta-home-prices-drop-below-1m","status":"publish","type":"post","link":"https:\/\/www.donemortgage.ca\/blogs\/gta-home-prices-drop-below-1m\/","title":{"rendered":"GTA Housing Market 2026: Is This the Opportunity Buyers Have Been Waiting For?"},"content":{"rendered":"\n<h2 id=\"market-update-august-2026\" class=\"wp-block-heading\">Market Update \u2014 August 2026<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The sub-$1 million GTA average seen in January did not last. TRREB\u2019s latest July 2026 data puts the average selling price at $1,003,956. That is still 4.5% below July 2025, but the market has tightened: 5,995 sales were reported, while new listings fell 17.8% year-over-year. The takeaway for buyers is different now \u2014 there may still be negotiating room in some property types and neighbourhoods, but the broad \u201csub-$1M buying window\u201d has already narrowed.<\/p>\n\n\n\n<div class=\"wp-block-rank-math-toc-block\" id=\"rank-math-toc\"><h2>Table of Contents<\/h2><nav><ul><li><a href=\"#market-update-august-2026\">Market Update \u2014 August 2026<\/a><\/li><li><a href=\"#is-this-still-the-buying-window-brampton-has-been-waiting-for\">Is This Still the Buying Window Brampton Has Been Waiting For?<\/a><\/li><li><a href=\"#what-the-january-2026-gta-housing-market-is-really-telling-us\">What the January 2026 GTA Housing Market Is Really Telling Us<\/a><\/li><li><a href=\"#where-brampton-buyers-may-still-have-leverage\">Where Brampton Buyers May Still Have Leverage<\/a><\/li><li><a href=\"#is-this-the-bottom-of-the-gta-market\">Is This the Bottom of the GTA Market?<\/a><\/li><li><a href=\"#who-should-consider-buying-in-brampton-in-2026\">Who Should Consider Buying in Brampton in 2026?<\/a><ul><\/ul><\/li><li><a href=\"#who-should-probably-wait\">Who Should Probably Wait?<\/a><\/li><li><a href=\"#detached-vs-condo-in-the-gta-where-is-the-smarter-play\">Detached vs Condo in the GTA \u2014 Where Is the Smarter Play?<\/a><\/li><li><a href=\"#the-bigger-picture-affordability-vs-confidence\">The Bigger Picture: Affordability vs Confidence<\/a><\/li><li><a href=\"#what-smart-brampton-buyers-are-doing-right-now\">What Smart Brampton Buyers Are Doing Right Now<\/a><\/li><li><a href=\"#should-you-buy-in-the-gta-in-2026\">Should You Buy in the GTA in 2026?<\/a><\/li><li><a href=\"#talk-to-a-mortgage-broker-in-brampton-who-understands-the-905-market\">Talk to a Mortgage Broker in Brampton Who Understands the 905 Market<\/a><\/li><li><a href=\"#fa-qs\">FAQs<\/a><ul><\/ul><\/li><li><a href=\"#updated-sources\">Updated Sources<\/a><ul><\/ul><\/li><\/ul><\/nav><\/div>\n\n\n\n<h2 id=\"is-this-still-the-buying-window-brampton-has-been-waiting-for\" class=\"wp-block-heading\">Is This Still the Buying Window Brampton Has Been Waiting For?<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">In January 2026, the GTA briefly moved below a $1 million average selling price \u2014 a useful snapshot of how much buyer leverage had built up at the start of the year.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">TRREB reported an average selling price of $973,289 in January 2026, with sales down sharply from a year earlier. By July, however, the average had moved back above $1 million and market conditions were tightening as new listings fell faster than sales.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Buyer activity is still selective.<br>Prices remain below last year.<br>But supply is no longer building at the same pace.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">But here\u2019s the real question:<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The question now is not whether the entire GTA is in a wide-open buyer\u2019s market. It is where buyers still have leverage before tighter conditions reduce it further.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">At Team Done Mortgage, we don\u2019t just report numbers. We analyze what they mean for buyers in Brampton, Mississauga, Vaughan, and across the 905 region.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Let\u2019s break it down.<\/p>\n\n\n\n<h2 id=\"what-the-january-2026-gta-housing-market-is-really-telling-us\" class=\"wp-block-heading\"><strong>What the January 2026 GTA Housing Market Is Really Telling Us<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">In January 2026, the average selling price declined to $973,289 according to TRREB Market Watch. At that point, the lower average price created a more favourable entry point for some buyers. That January figure should now be read as a historical low point in the 2026 market, not the current GTA average.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The headlines say:<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u2022 Sales are down<br>\u2022 Prices are down<br>\u2022 Listings remain healthy<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">On the surface, that sounds negative.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In reality, this looks more like a <strong>confidence-driven slowdown<\/strong>, not a structural crash.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Here\u2019s why:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Borrowing costs are significantly lower than 2023 peaks<\/li>\n\n\n\n<li>Supply levels are higher than they\u2019ve been in years<\/li>\n\n\n\n<li>Negotiation power improved materially for buyers early in 2026<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">This isn\u2019t 2022\u2019s bidding-war frenzy.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This is a reset.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">That reset created leverage \u2014 but July data shows the balance has already started to tighten.<\/p>\n\n\n\n<h2 id=\"where-brampton-buyers-may-still-have-leverage\" class=\"wp-block-heading\">Where Brampton Buyers May Still Have Leverage<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The 905 region \u2014 including Brampton \u2014 is seeing deeper price softness than Toronto\u2019s 416 core, particularly in:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Condo apartments<\/li>\n\n\n\n<li>Entry-level detached homes<\/li>\n\n\n\n<li>Townhouses in high-inventory pockets<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">This matters because:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Sellers are adjusting expectations<\/li>\n\n\n\n<li>Conditional offers are being accepted again<\/li>\n\n\n\n<li>Price negotiations are meaningful, not symbolic<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">Compared with the peak bidding-war years, buyers can still find more choice and negotiating room in parts of the market.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Today, that leverage is more selective.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">It now depends more on the property type, neighbourhood and listing than it did earlier in 2026.<\/p>\n\n\n\n<h2 id=\"is-this-the-bottom-of-the-gta-market\" class=\"wp-block-heading\"><strong>Is This the Bottom of the GTA Market?<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">No one rings a bell at the bottom of a housing cycle.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">But historical patterns suggest:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Markets move when fear peaks<\/li>\n\n\n\n<li>Prices stabilize before confidence returns<\/li>\n\n\n\n<li>Pent-up demand re-enters once rate clarity improves<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">TRREB\u2019s 2026 outlook indicates that:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Sales activity may remain steady compared to recent years<\/li>\n\n\n\n<li>Prices could stabilize in the second half of 2026<\/li>\n\n\n\n<li>Buyer confidence will likely return gradually<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">Affordability has improved.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Confidence hasn\u2019t caught up yet.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">That gap is where opportunity lives.<\/p>\n\n\n\n<h2 id=\"who-should-consider-buying-in-brampton-in-2026\" class=\"wp-block-heading\"><strong>Who Should Consider Buying in Brampton in 2026?<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">This is not a blanket green light.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">But it is a strong window for:<\/p>\n\n\n\n<h3 id=\"1-\ufe0f-first-time-buyers\" class=\"wp-block-heading\"><strong>1\ufe0f First-Time Buyers<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Less competition<\/li>\n\n\n\n<li>Flexible conditions<\/li>\n\n\n\n<li>Lower entry pricing than 2021\u20132023 highs<\/li>\n<\/ul>\n\n\n\n<h3 id=\"2-\ufe0f-upgraders\" class=\"wp-block-heading\"><strong>2\ufe0f Upgraders<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">If you\u2019re selling and buying in the same market, softer pricing can work in your favor when moving up.<\/p>\n\n\n\n<h3 id=\"3-\ufe0f-buyers-with-stable-income\" class=\"wp-block-heading\"><strong>3\ufe0f Buyers With Stable Income<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">If your employment is secure and you plan to hold for 5+ years, short-term fluctuations matter far less than long-term positioning.<\/p>\n\n\n\n<h2 id=\"who-should-probably-wait\" class=\"wp-block-heading\"><strong>Who Should Probably Wait?<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Be honest with yourself.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Pause if:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Your job stability is uncertain<\/li>\n\n\n\n<li>You\u2019re stretching debt ratios<\/li>\n\n\n\n<li>You\u2019re expecting short-term appreciation<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">This market rewards discipline \u2014 not speculation.<\/p>\n\n\n\n<h2 id=\"detached-vs-condo-in-the-gta-where-is-the-smarter-play\" class=\"wp-block-heading\"><strong>Detached vs Condo in the GTA \u2014 Where Is the Smarter Play?<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Condo sales have seen sharper slowdowns in some 905 areas due to higher supply and cautious investor demand.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Detached homes have also softened \u2014 but long-term demand fundamentals remain stronger.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">If you\u2019re buying to live:<br>Lifestyle fit matters more than short-term price charts.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">If you\u2019re investing:<br>Liquidity risk in condos needs serious evaluation.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Not every discount is an opportunity. Some are simply excess supply.<\/p>\n\n\n\n<h2 id=\"the-bigger-picture-affordability-vs-confidence\" class=\"wp-block-heading\"><strong>The Bigger Picture: Affordability vs Confidence<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Here\u2019s what most headlines miss:<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Affordability has improved.<br>Confidence has not.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">When confidence returns \u2014 even slightly \u2014 inventory can absorb faster than expected.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">And when that happens, negotiation leverage disappears quickly.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The 2026 GTA market is still below last year\u2019s pricing, but it is no longer moving in one direction.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">July showed tighter supply alongside a modest month-over-month improvement in the benchmark price.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">That makes property-level analysis more important than broad \u201cbuyer\u2019s market\u201d labels.<\/p>\n\n\n\n<h2 id=\"what-smart-brampton-buyers-are-doing-right-now\" class=\"wp-block-heading\"><strong>What Smart Brampton Buyers Are Doing Right Now<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Serious buyers in Brampton and the GTA are:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Getting pre-approved early<\/li>\n\n\n\n<li>Watching specific neighborhoods<\/li>\n\n\n\n<li>Negotiating strategically<\/li>\n\n\n\n<li>Locking rates carefully<\/li>\n\n\n\n<li>Buying based on long-term plans<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">That\u2019s how transitional markets are won.<\/p>\n\n\n\n<h2 id=\"should-you-buy-in-the-gta-in-2026\" class=\"wp-block-heading\"><strong>Should You Buy in the GTA in 2026?<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">If you\u2019re waiting for perfect clarity, you may miss practical opportunity.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">If you\u2019re financially stable and planning long term, 2026 can still offer opportunities \u2014 but the strongest leverage is increasingly property-specific rather than market-wide.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">More choice than the peak years.<br>Some negotiation flexibility.<br>Prices still below 2025 levels.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">But the window is less broad than it looked in January.<\/p>\n\n\n\n<h2 id=\"talk-to-a-mortgage-broker-in-brampton-who-understands-the-905-market\" class=\"wp-block-heading\"><strong>Talk to a Mortgage Broker in Brampton Who Understands the 905 Market<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Before house hunting, understand your financing power.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">At Team Done Mortgage, we help buyers across Brampton and the Greater Toronto Area to:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Structure strong pre-approvals<\/li>\n\n\n\n<li>Optimize debt ratios<\/li>\n\n\n\n<li>Compare lender options<\/li>\n\n\n\n<li>Plan purchases strategically<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">In transitional markets, financing clarity creates confidence.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Book a consultation with our Brampton mortgage team and understand where you truly stand before confidence returns to the crowd.<\/p>\n\n\n\n<h2 id=\"fa-qs\" class=\"wp-block-heading\"><strong>FAQs<\/strong><\/h2>\n\n\n<div id=\"rank-math-faq\" class=\"rank-math-block\">\n<div class=\"rank-math-list \">\n<div id=\"faq-question-1787344014874\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><strong>Is 2026 a good time to buy a home in Brampton?<\/strong><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>It can be, depending on the property and your finances. Early 2026 offered unusually broad buyer leverage; by July, GTA conditions had tightened. Buyers should now evaluate recent comparable sales and local inventory rather than assume every seller is under pressure.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1787344025238\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><strong>Why did GTA home prices fall below $1 million?<\/strong><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Slower demand and elevated inventory pushed the GTA average below $1 million in January. That dip was temporary: the average selling price was back to $1,003,956 in July 2026.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1787344034729\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><strong>Will GTA home prices fall further?<\/strong><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Some pockets can still soften, especially where inventory remains high, but July data showed tighter overall conditions. No one can reliably call the next move from one monthly report, so buyers should focus on local supply, comparable sales and affordability.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1787344050329\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><strong>Should I wait for interest rates to drop more?<\/strong><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Waiting can increase competition if confidence returns. A better strategy is securing pre-approval and acting when the right property appears.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1787344064919\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \">Are GTA home prices still below $1 million in 2026?<\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Not based on the latest TRREB monthly average. The GTA average selling price was $1,003,956 in July 2026. The January sub-$1 million average was temporary, although July prices were still 4.5% lower than a year earlier.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1787344075525\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><strong>How much down payment do I need in Brampton?<\/strong><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Minimum requirements depend on purchase price and occupancy type. Many buyers use 5% to 20%, but strategy varies by income and debt structure.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1787344087162\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><strong>Are bidding wars still happening in 2026?<\/strong><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Less frequently than 2021\u20132022, but well-priced homes in high-demand areas can still attract multiple offers.<\/p>\n\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n<h2 id=\"updated-sources\" class=\"wp-block-heading\">Updated Sources<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/trreb.ca\/market-data\/market-watch\/\" target=\"_blank\" rel=\"noopener\">TRREB Market Watch<\/a><\/p>\n\n\n\n<h3 id=\"links\" class=\"wp-block-heading\">Links<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/donemortgage.ca\/blogs\/mortgage-broker-toronto\/\" target=\"_blank\" rel=\"noopener\">Mortgage Broker Toronto<\/a><\/li>\n\n\n\n<li><a target=\"_blank\" rel=\"noreferrer noopener\">CRA Home Buyers Plan Rules<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/www.cmhc-schl.gc.ca\/consumers\/home-buying?utm_source=chatgpt.com\" target=\"_blank\" rel=\"noreferrer noopener\">CMHC First-Time Home Buyer Resources<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/donemortgage.ca\/blogs\/first-time-home-buyer-incentive-in-canada-is-it-actually-worth-it\/\" target=\"_blank\" rel=\"noopener\">First-Time Home Buyer Mortgage<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/donemortgage.ca\/blogs\/rrsp-first-time-home-buyer-rules-canada\/\" target=\"_blank\" rel=\"noopener\">FHSA Guide RRSP vs TFSA<\/a><\/li>\n<\/ul>\n\n\n\n<div style=\"max-width:720px;background:#ECEAEB;padding:28px;border-radius:12px;font-family:Arial,Helvetica,sans-serif;color:#222;\">\n\n<!-- Profile Header -->\n<div style=\"display:flex; align-items:center; gap:20px; margin-bottom:20px;\">\n\n<img decoding=\"async\" src=\"https:\/\/donemortgage.ca\/blogs\/wp-content\/uploads\/2026\/03\/swati-profile-photo.webp\" alt=\"Swati Malik - Mortgage Broker Done Mortgage\" style=\"\nwidth:120px;\nheight:120px;\nborder-radius:50%;\nobject-fit:cover;\nborder:4px solid #ffffff;\nbox-shadow:0 8px 18px rgba(0,0,0,0.15);\n\" title=\"\">\n\n<div>\n<h2 style=\"margin:0;font-size:26px;font-weight:600;\">Swati Malik<\/h2>\n\n<p style=\"margin:4px 0 0;color:#444;font-size:16px;\">\nMortgage Broker \u2022 Done Mortgage\n<\/p>\n<\/div>\n\n<\/div>\n\n\n<!-- Address -->\n<div style=\"margin-bottom:16px;color:#333;font-size:15px;\">\n\ud83d\udccd 7 Strathearn Ave, Brampton, ON L6T 4P1, Canada\n<\/div>\n\n\n<!-- Bio -->\n<p style=\"margin-bottom:24px;color:#333;font-size:15px;line-height:1.6;\">\nLicensed Mortgage Broker with Dominion Lending Centres at Done Mortgage, helping clients across Ontario secure mortgage approvals, renewals, and refinancing solutions. She specializes in structuring mortgages for first-time buyers and self-employed borrowers through a wide network of lenders.\n<\/p>\n\n\n<!-- Action Buttons -->\n<div style=\"display:flex; flex-wrap:wrap; gap:12px;\"> \n\n<a href=\"tel:+16478642283\" \nstyle=\"text-decoration:none;padding:10px 18px;background:#023A78;color:#ffffff;border-radius:6px;font-size:14px;\">\n\ud83d\udcde Call\n<\/a>\n\n<a href=\"mailto:swatti@donemortgage.ca\"\nstyle=\"text-decoration:none;padding:10px 18px;background:#023A78;color:#ffffff;border-radius:6px;font-size:14px;\">\n\u2709 Email\n<\/a>\n\n<a href=\"https:\/\/donemortgage.zohobookings.in\/#\/allmortgageservices\" style=\"text-decoration:none;padding:10px 18px;background:#023A78;color:#ffffff;border-radius:6px;font-size:14px;\" target=\"_blank\" rel=\"noopener\">\n\ud83d\udcc5 Book Appointment\n<\/a>\n\n<a href=\"https:\/\/donemortgage.donemortgage.ca\/contact\/\" target=\"_blank\" style=\"text-decoration:none;padding:10px 18px;background:#023A78;color:#ffffff;border-radius:6px;font-size:14px;\" rel=\"noopener\">\n\ud83d\udcdd Contact Form\n<\/a>\n\n<\/div>\n\n<!-- Footer Section -->\n<div style=\"margin-top:28px;border-top:1px solid #d8d6d7;padding-top:20px;display:flex;align-items:center;justify-content:space-between;flex-wrap:wrap;gap:15px;\">\n\n<!-- Social Links -->\n<div style=\"display:flex;gap:16px;font-size:14px;\">\n\n<a href=\"https:\/\/www.facebook.com\/malikswatti\" target=\"_blank\" style=\"text-decoration:none;color:#023A78;font-weight:600;\" rel=\"noopener\">\nFacebook\n<\/a>\n\n<a href=\"https:\/\/www.instagram.com\/swatimalik88\/\" target=\"_blank\" style=\"text-decoration:none;color:#023A78;font-weight:600;\" rel=\"noopener\">\nInstagram\n<\/a>\n\n<a href=\"https:\/\/www.linkedin.com\/in\/swati-malik-b6964691\" target=\"_blank\" style=\"text-decoration:none;color:#023A78;font-weight:600;\" rel=\"noopener\">\nLinkedIn\n<\/a>\n\n<\/div>\n\n<\/div>\n<\/div>\n\n\n        <div class=\"rttpg-block-postgrid rttpg-block-wrapper rttpg-block-aaaf62 tpg-filter-type-dropdown meta-visibility-show section-title-style-style1 img_hover_animation_default title-default title_position_default title_hover_border_default meta_position_default tpg-is-author-icon-default author-image-visibility-icon tpg-category-position-default readmore-btn-default-style grid-hover-overlay-type-always grid-hover-overlay-height-default hover-overlay-height-default tpg-title-border-default filter-nex-prev-btn-visible tpg-cat-style1 slider-scroll-hide act-label-style-inline\">\n            <div class=\"rt-container-fluid rt-tpg-container tpg-el-main-wrapper tpg-gutenberg clearfix grid-layout1-main\"\n                 id=\"rt-tpg-container-1511239860\"\n                 data-layout=\"grid-layout1\"\n                 data-grid-style=\"tpg-full-height\" data-sc-id=\"elementor\"\n                 data-el-settings=''\n                 data-el-query=''\n                 data-el-path=''>\n\t\t\t\t                <div class='tpg-header-wrapper '>\n\t\t\t\t\t\n        <div class=\"tpg-widget-heading-wrapper rt-clear heading-style1 \">\n            <span class=\"tpg-widget-heading-line line-left\"><\/span>\n\t\t\t<h2 class='tpg-widget-heading'>\n\t\t\t            <a href=\"#\"  >\n\t\t\t\t\n\t\t\t\t                    <span>\n\t\t\t\t\t\tBlog&#039;s\t\t\t\t\t<\/span>\n\t\t\t\t\t\n\t\t\t\t            <\/a>\n\n\t\t\t\t\t<\/h2>            <span class=\"tpg-widget-heading-line line-right\"><\/span>\n\n\t\t\t\n        <\/div>\n\n\t\t\n\t\t                <\/div>\n\n                <div class=\"rt-row rt-content-loader gutenberg-inner grid-layout1 grid-behaviour tpg-full-height grid_layout_wrapper\">\n\t\t\t\t\t\n<div class=\"rt-col-md-4 rt-col-sm-6 rt-col-xs-12 default rt-grid-item post-326 post type-post status-publish format-standard has-post-thumbnail hentry category-uncategorized\"\t\tdata-id=\"326\">\n\t<div class=\"rt-holder tpg-post-holder \">\n\t\t<div class=\"rt-detail rt-el-content-wrapper\">\n\t\t\t\t\t\t\t<div class=\"rt-img-holder tpg-el-image-wrap has-thumbnail\">\n\t\t\t\t\t<a data-id=\"326\" href=\"https:\/\/www.donemortgage.ca\/blogs\/refinance-vs-heloc-vs-second-mortgage\/\" class=\"tpg-post-link\" target=\"_self\">                        <img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.donemortgage.ca\/blogs\/wp-content\/uploads\/2026\/09\/home_equity_blog_banner_v2.png\" class=\"rt-img-responsive\" width=\"768\" height=\"403\" alt=\"Refinance vs HELOC vs second mortgage comparison for Canadian homeowners\" title=\"\">\n\t\t\t\t\t\t\n\t\t\t\t\t\t\t\n\t\t<\/a>\n\t\t        <div class=\"overlay grid-hover-content\"><\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\n\t\t\t<div class=\"entry-title-wrapper\"><h3 class=\"entry-title\"><a data-id=\"326\" href=\"https:\/\/www.donemortgage.ca\/blogs\/refinance-vs-heloc-vs-second-mortgage\/\" class=\"tpg-post-link\" target=\"_self\">Refinance vs HELOC vs Second Mortgage: Which Home Equity Option Actually Fits Your Situation?<\/a><\/h3><\/div>\n\t\t\t\n\t\t\t\t<div class=\"post-meta-tags rt-el-post-meta\">\n\t\t\t\t\t            <span class=\"author \">\n\n\t\t\t\t<i class=\"fa fa-user \"><\/i><span class=\"author-prefix\">By<\/span><a href=\"https:\/\/www.donemortgage.ca\/blogs\/author\/donemortgage_blogs\/\">Swati Malik<\/a>\t\t\t<\/span>\n\t\t\t            <span class=\"categories-links\">\n\t\t\t\t<i class=\"fas fa-folder-open \"><\/i><a class=\"uncategorized\" href=\"https:\/\/www.donemortgage.ca\/blogs\/category\/uncategorized\/\">Uncategorized<\/a>\t\t\t<\/span>\n\t\t\t            <span class=\"date\">\n\t\t\t\t<i class=\"far fa-calendar-alt \"><\/i>\t\t\t\t                    <a href=\"https:\/\/www.donemortgage.ca\/blogs\/2026\/09\/14\/\">\n\t\t\t\t\tSeptember 14, 2026\t\t\t\t<\/a>\n\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\n\t\t\t\t\t\t\t<div class=\"tpg-excerpt tpg-el-excerpt\">\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"tpg-excerpt-inner\">\n\t\t\t\t\t\t\tQuick answerA refinance replaces or restructures the existing mortgage. A HELOC gives revolving&#8230;\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t        <div class=\"post-footer\">\n            <div class=\"post-footer\">\n                <div class=\"read-more\">\n\t\t\t\t\t<a data-id=\"326\" href=\"https:\/\/www.donemortgage.ca\/blogs\/refinance-vs-heloc-vs-second-mortgage\/\" class=\"tpg-post-link\" target=\"_self\">Read More<\/a>                <\/div>\n            <\/div>\n        <\/div>\n\t\t\t\t<\/div>\n\t<\/div>\n<\/div>\n<div class=\"rt-col-md-4 rt-col-sm-6 rt-col-xs-12 default rt-grid-item post-295 post type-post status-publish format-standard has-post-thumbnail hentry category-mortgage\"\t\tdata-id=\"295\">\n\t<div class=\"rt-holder tpg-post-holder \">\n\t\t<div class=\"rt-detail rt-el-content-wrapper\">\n\t\t\t\t\t\t\t<div class=\"rt-img-holder tpg-el-image-wrap has-thumbnail\">\n\t\t\t\t\t<a data-id=\"295\" href=\"https:\/\/www.donemortgage.ca\/blogs\/minimum-down-payment-ontario\/\" class=\"tpg-post-link\" target=\"_self\">                        <img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.donemortgage.ca\/blogs\/wp-content\/uploads\/2026\/07\/Minimum-Down-Payment-Ontario-2026-guide-showing-5-10-and-20-rules.webp\" class=\"rt-img-responsive\" width=\"768\" height=\"512\" alt=\"Minimum Down Payment Ontario 2026 guide showing 5%, 10% and 20% rules\" title=\"\">\n\t\t\t\t\t\t\n\t\t\t\t\t\t\t\n\t\t<\/a>\n\t\t        <div class=\"overlay grid-hover-content\"><\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\n\t\t\t<div class=\"entry-title-wrapper\"><h3 class=\"entry-title\"><a data-id=\"295\" href=\"https:\/\/www.donemortgage.ca\/blogs\/minimum-down-payment-ontario\/\" class=\"tpg-post-link\" target=\"_self\">Minimum Down Payment in Ontario: Rules, Examples and Common Mistakes<\/a><\/h3><\/div>\n\t\t\t\n\t\t\t\t<div class=\"post-meta-tags rt-el-post-meta\">\n\t\t\t\t\t            <span class=\"author \">\n\n\t\t\t\t<i class=\"fa fa-user \"><\/i><span class=\"author-prefix\">By<\/span><a href=\"https:\/\/www.donemortgage.ca\/blogs\/author\/donemortgage_blogs\/\">Swati Malik<\/a>\t\t\t<\/span>\n\t\t\t            <span class=\"categories-links\">\n\t\t\t\t<i class=\"fas fa-folder-open \"><\/i><a class=\"mortgage\" href=\"https:\/\/www.donemortgage.ca\/blogs\/category\/mortgage\/\">Mortgage<\/a>\t\t\t<\/span>\n\t\t\t            <span class=\"date\">\n\t\t\t\t<i class=\"far fa-calendar-alt \"><\/i>\t\t\t\t                    <a href=\"https:\/\/www.donemortgage.ca\/blogs\/2026\/07\/22\/\">\n\t\t\t\t\tJuly 22, 2026\t\t\t\t<\/a>\n\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\n\t\t\t\t\t\t\t<div class=\"tpg-excerpt tpg-el-excerpt\">\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"tpg-excerpt-inner\">\n\t\t\t\t\t\t\tThe minimum down payment in Ontario depends on the purchase price of the home. It is not always a&#8230;\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t        <div class=\"post-footer\">\n            <div class=\"post-footer\">\n                <div class=\"read-more\">\n\t\t\t\t\t<a data-id=\"295\" href=\"https:\/\/www.donemortgage.ca\/blogs\/minimum-down-payment-ontario\/\" class=\"tpg-post-link\" target=\"_self\">Read More<\/a>                <\/div>\n            <\/div>\n        <\/div>\n\t\t\t\t<\/div>\n\t<\/div>\n<\/div>\n<div class=\"rt-col-md-4 rt-col-sm-6 rt-col-xs-12 default rt-grid-item post-285 post type-post status-publish format-standard has-post-thumbnail hentry category-mortgage\"\t\tdata-id=\"285\">\n\t<div class=\"rt-holder tpg-post-holder \">\n\t\t<div class=\"rt-detail rt-el-content-wrapper\">\n\t\t\t\t\t\t\t<div class=\"rt-img-holder tpg-el-image-wrap has-thumbnail\">\n\t\t\t\t\t<a data-id=\"285\" href=\"https:\/\/www.donemortgage.ca\/blogs\/fhsa-canada-how-contributions-tax-deductions-and-withdrawals-work\/\" class=\"tpg-post-link\" target=\"_self\">                        <img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.donemortgage.ca\/blogs\/wp-content\/uploads\/2026\/07\/ChatGPT-Image-Jul-17-2026-03_52_05-AM.webp\" class=\"rt-img-responsive\" width=\"768\" height=\"512\" alt=\"FHSA Canada: How Contributions, Tax Deductions and Withdrawals Work\" title=\"\">\n\t\t\t\t\t\t\n\t\t\t\t\t\t\t\n\t\t<\/a>\n\t\t        <div class=\"overlay grid-hover-content\"><\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\n\t\t\t<div class=\"entry-title-wrapper\"><h3 class=\"entry-title\"><a data-id=\"285\" href=\"https:\/\/www.donemortgage.ca\/blogs\/fhsa-canada-how-contributions-tax-deductions-and-withdrawals-work\/\" class=\"tpg-post-link\" target=\"_self\">FHSA Canada: How Contributions, Tax Deductions and Withdrawals Work<\/a><\/h3><\/div>\n\t\t\t\n\t\t\t\t<div class=\"post-meta-tags rt-el-post-meta\">\n\t\t\t\t\t            <span class=\"author \">\n\n\t\t\t\t<i class=\"fa fa-user \"><\/i><span class=\"author-prefix\">By<\/span><a href=\"https:\/\/www.donemortgage.ca\/blogs\/author\/donemortgage_blogs\/\">Swati Malik<\/a>\t\t\t<\/span>\n\t\t\t            <span class=\"categories-links\">\n\t\t\t\t<i class=\"fas fa-folder-open \"><\/i><a class=\"mortgage\" href=\"https:\/\/www.donemortgage.ca\/blogs\/category\/mortgage\/\">Mortgage<\/a>\t\t\t<\/span>\n\t\t\t            <span class=\"date\">\n\t\t\t\t<i class=\"far fa-calendar-alt \"><\/i>\t\t\t\t                    <a href=\"https:\/\/www.donemortgage.ca\/blogs\/2026\/07\/16\/\">\n\t\t\t\t\tJuly 16, 2026\t\t\t\t<\/a>\n\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\n\t\t\t\t\t\t\t<div class=\"tpg-excerpt tpg-el-excerpt\">\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"tpg-excerpt-inner\">\n\t\t\t\t\t\t\tSaving for a first home has never been easy, particularly in Ontario where home prices remain well&#8230;\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t        <div class=\"post-footer\">\n            <div class=\"post-footer\">\n                <div class=\"read-more\">\n\t\t\t\t\t<a data-id=\"285\" href=\"https:\/\/www.donemortgage.ca\/blogs\/fhsa-canada-how-contributions-tax-deductions-and-withdrawals-work\/\" class=\"tpg-post-link\" target=\"_self\">Read More<\/a>                <\/div>\n            <\/div>\n        <\/div>\n\t\t\t\t<\/div>\n\t<\/div>\n<\/div>                <\/div>\n\n\t\t\t\t\n            <\/div>\n        <\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Market Update \u2014 August 2026 The sub-$1 million GTA average seen in January did not last. TRREB\u2019s latest July 2026 data puts the average selling price at $1,003,956. That is still 4.5% below July 2025, but the market has tightened: 5,995 sales were reported, while new listings fell 17.8% year-over-year. The takeaway for buyers is [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":93,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-92","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mortgage"],"rttpg_featured_image_url":{"full":["https:\/\/www.donemortgage.ca\/blogs\/wp-content\/uploads\/2026\/02\/GTA-Home-Prices-2026-Is-This-the-Time-to-Buy-in-Brampton.webp",1200,800,false],"landscape":["https:\/\/www.donemortgage.ca\/blogs\/wp-content\/uploads\/2026\/02\/GTA-Home-Prices-2026-Is-This-the-Time-to-Buy-in-Brampton.webp",1200,800,false],"portraits":["https:\/\/www.donemortgage.ca\/blogs\/wp-content\/uploads\/2026\/02\/GTA-Home-Prices-2026-Is-This-the-Time-to-Buy-in-Brampton.webp",1200,800,false],"thumbnail":["https:\/\/www.donemortgage.ca\/blogs\/wp-content\/uploads\/2026\/02\/GTA-Home-Prices-2026-Is-This-the-Time-to-Buy-in-Brampton-150x150.webp",150,150,true],"medium":["https:\/\/www.donemortgage.ca\/blogs\/wp-content\/uploads\/2026\/02\/GTA-Home-Prices-2026-Is-This-the-Time-to-Buy-in-Brampton-300x200.webp",300,200,true],"large":["https:\/\/www.donemortgage.ca\/blogs\/wp-content\/uploads\/2026\/02\/GTA-Home-Prices-2026-Is-This-the-Time-to-Buy-in-Brampton-1024x683.webp",1024,683,true],"1536x1536":["https:\/\/www.donemortgage.ca\/blogs\/wp-content\/uploads\/2026\/02\/GTA-Home-Prices-2026-Is-This-the-Time-to-Buy-in-Brampton.webp",1200,800,false],"2048x2048":["https:\/\/www.donemortgage.ca\/blogs\/wp-content\/uploads\/2026\/02\/GTA-Home-Prices-2026-Is-This-the-Time-to-Buy-in-Brampton.webp",1200,800,false]},"rttpg_author":{"display_name":"Swati Malik","author_link":"https:\/\/www.donemortgage.ca\/blogs\/author\/donemortgage_blogs\/"},"rttpg_comment":0,"rttpg_category":"<a href=\"https:\/\/www.donemortgage.ca\/blogs\/category\/mortgage\/\" rel=\"category tag\">Mortgage<\/a>","rttpg_excerpt":"Market Update \u2014 August 2026 The sub-$1 million GTA average seen in January did not last. TRREB\u2019s latest July 2026 data puts the average selling price at $1,003,956. That is still 4.5% below July 2025, but the market has tightened: 5,995 sales were reported, while new listings fell 17.8% year-over-year. The takeaway for buyers is&hellip;","_links":{"self":[{"href":"https:\/\/www.donemortgage.ca\/blogs\/wp-json\/wp\/v2\/posts\/92","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.donemortgage.ca\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.donemortgage.ca\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.donemortgage.ca\/blogs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.donemortgage.ca\/blogs\/wp-json\/wp\/v2\/comments?post=92"}],"version-history":[{"count":11,"href":"https:\/\/www.donemortgage.ca\/blogs\/wp-json\/wp\/v2\/posts\/92\/revisions"}],"predecessor-version":[{"id":325,"href":"https:\/\/www.donemortgage.ca\/blogs\/wp-json\/wp\/v2\/posts\/92\/revisions\/325"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.donemortgage.ca\/blogs\/wp-json\/wp\/v2\/media\/93"}],"wp:attachment":[{"href":"https:\/\/www.donemortgage.ca\/blogs\/wp-json\/wp\/v2\/media?parent=92"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.donemortgage.ca\/blogs\/wp-json\/wp\/v2\/categories?post=92"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.donemortgage.ca\/blogs\/wp-json\/wp\/v2\/tags?post=92"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}