Market mostly flat across the Greater Toronto Area, with conditions described as muted ahead of spring.
In February, 7% of 238 GTA neighbourhoods were overbidding, ↑ from 6% of 213 in January.
Most neighbourhoods were underbidding: 91%; another 2% sold at asking.
Across all listings, condos lagged single-family: 14% vs 24% over asking; single-family highest since early last year’s fall market.
September 21, 2026
Canada: Rate Cuts Can Worsen Affordability | Reach out to me for buying or selling. First time? Call for a FREE consultation.
A closer look at recent research from Canada’s central bank highlights an important reality about our housing market: while lower interest rates can spark a quick jump in homebuying demand, the supply side takes much...