97% Underbid: GTA Homebuyers Regained Leverage | Watch Today’s Real Estate Updates & Tips

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Nearly four in five GTA homes sold below asking—buyers finally have leverage.

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In November, 97% of GTA neighbourhoods saw homes sell under asking.

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That’s the second-highest underbidding level since tracking began in 2022.

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Competition didn’t vanish—it clustered under $1M neighbourhoods with better affordability.

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Most overbidding areas were cheaper pockets, while $2M–$4M homes saw deepest discounts.