News Release

Where GTA Homebuyers Are Still Bidding Above Asking

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TORONTO, ONT. —February 5, 2026 — While the Greater Toronto Area housing market remains the most buyer-friendly in years, a small number of neighbourhoods are showing early signs of renewed competition.

According to new data from digital real estate platform Wahi, just 6% of GTA neighbourhoods with at least five home sales in January were in overbidding territory, up from 2% in December. In January of 2025, 11% of 236 neighbourhoods with five home sales landed in overbidding territory. Despite the uptick, 93% of GTA neighbourhoods saw homes sell below asking, underscoring that cooler market conditions still dominate.

The strongest bidding activity was concentrated in Toronto’s east end, with The Beaches, Leslieville, and East York ranking as the most overbid neighbourhoods last month. These neighbourhoods saw homes sell for between $14,500 and $101,000 above list prices. Meanwhile, traditionally high-priced areas such as York Mills and Eastlake remained among the most buyer-friendly neighbourhoods in the region, with homes selling for between $92,450 and $250,000 below list prices.

The full analysis highlights the GTA’s most overbid and underbid neighbourhoods, revealing where buyers hold the most negotiating power.

The complete report, with downloadable charts, is available here.

Wahi Economist Ryan McLaughlin is available for interviews to discuss where bidding pressure is re-emerging, why most neighbourhoods remain buyer-friendly, and what the early data could signal for the spring market.

About Wahi

Wahi redefines the homebuying experience by putting more power into consumers’ hands by combining cutting-edge tech and market data with a robust agent-first platform. Wahi continues to expand across key Canadian markets, combining local expertise with national scale.

News Media Contacts:

Kristin Doucet

Wahi

Tel: 877-207-4273

Kristin.Doucet@wahi.com