Toronto leads GTA with rising bidding wars in fall 2025 housing market.
Seventeen Toronto neighbourhoods saw multiple-offer situations as buyer competition returned.
Lower-priced homes drove renewed demand amid Bank of Canada’s recent rate cut.
East and west ends, including Danforth and Riverdale, saw strongest overbidding activity.
High-end midtown areas continued underbidding, showing wealthier markets remain cautious.
Toronto Homebuyers Enjoy Improved Affordability and More Choices
Home sales and prices in the Greater Toronto Area declined in December and throughout 2025, with sales down 11.2% for the year and average prices falling nearly 5%. Listings increased, creating a buyer's market and...