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Price reductions

How many sellers have cut their asking price, and by how much. More cuts usually mean more room to negotiate.

Homes for sale with a cut
22%
Typical cut
5.0%
Houses with a cut
22%
Condos with a cut
20%

Houses

CityFor saleWith a cutTypical cutTypical amount
All areas45,99622%6.0%$40,100
Toronto3,78013%6.0%$92,500
Mississauga1,15617%5.0%$66,000
Hamilton1,54225%5.0%$49,000
Brampton1,24514%5.0%$49,207
Vaughan73617%5.0%$89,500
Markham63314%4.8%$70,000
Oakville72518%5.0%$100,000
Richmond Hill68615%5.0%$80,100
Barrie69720%3.9%$30,000
Oshawa53518%5.0%$41,501
Burlington34821%5.0%$72,500
London South52021%5.0%$30,501
Kitchener36319%4.2%$30,100
Kawartha Lakes75830%6.0%$40,850
London East39126%4.3%$25,000
St. Catharines44726%5.3%$31,100
Niagara Falls46825%5.4%$39,100
Milton36520%4.2%$46,000
Guelph27819%4.0%$30,000
London North37422%3.7%$29,900

Condos

CityFor saleWith a cutTypical cutTypical amount
All areas14,90020%5.0%$25,000
Toronto5,83418%5.0%$30,000
Mississauga1,11919%4.0%$25,000
Hamilton43329%6.0%$29,950
Brampton33220%5.3%$32,000
Vaughan50718%5.0%$30,000
Markham39819%4.0%$29,050
Oakville26618%4.0%$30,000
Richmond Hill28616%4.8%$25,000
Barrie21523%5.2%$26,000
Oshawa11316%5.0%$23,550
Burlington27623%4.8%$30,000
London South23823%4.0%$20,000
Kitchener23420%6.2%$24,000
Kawartha Lakes5219%7.0%$27,950
London East13423%5.8%$20,000
St. Catharines13519%6.0%$25,000
Niagara Falls9731%10.0%$39,650
Milton10918%5.0%$30,000
Guelph25525%5.0%$29,100
London North21824%5.0%$25,000

Biggest cuts right now

See all reduced homes

Updated Oct 21, 2026. Asking prices of homes listed on the MLS® System through this website, compared with each home’s original asking price.