It’s been a dynamic summer for GTA real estate. In August 2026, 79.3% of homes in the Greater Toronto Area sold below asking, with buyers typically negotiating a 3% discount. The average sale price landed at $855,000—down 1.16% from July, and 4.79% year-over-year. While that headline might sound concerning, the real story is more nuanced: negotiation trends differ by home type and neighbourhood. Over the years, I’ve seen how market shifts like these open up opportunities for both buyers and sellers—especially when you know the ins and outs of each local pocket. Honest, informed guidance is what keeps my clients moving forward with confidence.
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