Overbidding in the Greater Toronto Area increased in April 2026, with 13% of neighborhoods seeing homes sell above asking price, up from 6% in March. The average home price was $1,051,969, down 4.9% from the previous year. Single-family homes showed more overbidding activity, especially in more affordable neighborhoods, while higher-priced areas saw more underbidding. Overall, 23% of homes sold above list price, unchanged from the prior month.