{"id":1691,"date":"2026-06-12T08:02:06","date_gmt":"2026-06-12T13:02:06","guid":{"rendered":"https:\/\/www.realestategtatoday.ca\/index.php\/2026\/06\/12\/gta-buyers-advantage-86-of-oakville-homes-are-selling-below-asking\/"},"modified":"2026-06-12T08:02:06","modified_gmt":"2026-06-12T13:02:06","slug":"gta-buyers-advantage-86-of-oakville-homes-are-selling-below-asking","status":"publish","type":"post","link":"https:\/\/www.realestategtatoday.ca\/index.php\/2026\/06\/12\/gta-buyers-advantage-86-of-oakville-homes-are-selling-below-asking\/","title":{"rendered":"GTA Buyers\u2019 Advantage: 86% of Oakville Homes Are Selling Below Asking"},"content":{"rendered":"<p>The Greater Toronto Area housing market is shifting, and for prospective buyers, the balance of power is tilting in their favor. A new report from HouseSigma reveals that nearly 74% of all homes sold across the GTA in May went for less than their original asking price. If you are hunting for a deal, geography is your greatest asset: Oakville leads the region, with an impressive 86.5% of sales closing below list price. Other buyer-friendly pockets include King (85%), Georgina (84%), and Newmarket (84%).<\/p>\n<p>While the overall median price of $922,050 saw a 4.4% year-over-year decline, the condo market currently offers the deepest discounts and the lowest entry point for those entering the market. With the Bank of Canada holding borrowing costs steady, the &#8216;wait-and-see&#8217; approach is fading. For a detailed breakdown of these regional trends and expert advice on navigating current listings, read the full report at the Financial Post.<\/p>\n<p><!-- RealEstateToday Source Article --><\/p>\n<div style=\"display:none\" data-original-url=\"https:\/\/financialpost.com\/real-estate\/where-homes-selling-below-asking-gta\"><\/div>\n<p><em>Source: <a href=\"https:\/\/financialpost.com\/real-estate\/where-homes-selling-below-asking-gta\" target=\"_blank\" rel=\"noopener\">Read the original article<\/a><\/em><\/p>\n<p><!-- RealEstateToday Instagram Handles --><\/p>\n<div style=\"display:none\" data-instagram-handles=\"@housesigma\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Nearly 74% of GTA homes sold below asking in May. See which suburban hotspots are offering buyers the most leverage in today\u2019s shifting market.<\/p>\n","protected":false},"author":3,"featured_media":1690,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[178,206],"tags":[182,859,221,193,286,399],"class_list":["post-1691","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-data","category-residential","tag-gta","tag-housesigma","tag-housing-prices","tag-market-trends","tag-oakville","tag-toronto-real-estate"],"_links":{"self":[{"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/posts\/1691","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/comments?post=1691"}],"version-history":[{"count":0,"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/posts\/1691\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/media\/1690"}],"wp:attachment":[{"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/media?parent=1691"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/categories?post=1691"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/tags?post=1691"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}