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.
GTA single-family sales surpass 10-year average as HST rebate takes hold
Ontario's expanded HST rebate boosted GTA low-rise new home sales in April to 1,100 units, nearly triple last year and 21% above the 10-year average for single-family homes. However, condo sales lagged at 199 units,...
