One may wonder how much more doom and gloom the Toronto housing market can handle, as the negative statistics and outlooks keep piling up month after month. And, according to other industry insiders, this is largely because of buyers' newfound ability to successfully haggle down prices during this market lull. According to Wahi's report for June 2025, nearly all parts of the Toronto area — 93 per cent of neighbourhoods — are now in "underbidding territory," meaning buyers have been able to secure homes for less than their list price, sometimes by a significant margin. This is compared to 87 per cent the month prior, and 71 per cent of neighbourhoods in June of last year. Looking across all sales (not whether a given area is more underbid/overbid), a total of 71 per cent of homes sold over the course of last month went for under asking, which paints less of a worrying picture.