August saw a new high of under bidding home sales in the GTA where almost all of Toronto’s neighborhoods with at least five sales are seeing homes selling for under asking, according to a new report. “Homebuyers had already been holding the cards in the Greater Toronto Area for some months,” wrote Josh Sherman for Wahi a real estate analysis firm, “but they were dealt an even stronger hand in August as the share of neighbourhoods in underbidding territory across the region matched a three-year high.” This month, 98 per cent of GTA neighborhoods with at least five home sales throughout the month were in underbidding territory, the report said. That’s up from 95 per cent in July, and 89 per cent from a year ago. A report from Urbanation, another real estate intelligence firm, saw that cond

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