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Power of sale · May 15, 2026

GTA power of sale listings reach a two-year high

Reporting in May said GTA power of sale listings hit a two-year high in April, tied to softer prices, a slow spring market and homeowners who owe more than their homes are worth.

A heritage house with a deep porch on a tree-lined Oakville street

Photo: XeresNelro, CC BY-SA 4.0, via Wikimedia Commons. Illustrative: it does not show the property or event described.

Source: Apartmentbuildings.com (citing the Toronto Star) ↗

Reporting in May said GTA power of sale listings hit a two-year high in April, tied to softer prices, a slow spring market and homeowners who owe more than their homes are worth.

What it means: More lender-led sales means more choice, and more homes where condition is unknown.

Secondhand citation. We found no current authoritative monthly count; treat the trend as directional.

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Cafés and shops on Lakeshore Road East in downtown Oakville
Power of sale · March 1, 2026Power of sale listings surging in Ontario: what to knowA broker blog links the rise to mortgage renewals: over $200 billion of Canadian mortgages are set to renew in 2026, many written in 2020–21 at very low rates. It reports GTA power of sale listings up 51–59% year over year at points in 2025.Greater Toronto Home Pros (broker blog)

Summaries are independently written; the source is credited and linked where a link exists. Not financial, mortgage, tax or legal advice. Not intended to solicit buyers or sellers currently under contract with another brokerage. Yovan Gabric, REALTOR®, Royal LePage Pinnacle, Brokerage, independently owned and operated. E. & O.E.

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