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Power of sale

Lender-led sales: how they work, why they are rising, and what buying “as is” really changes.

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GTA power of sale listings reach a two-year high

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.

Power of sale listings surging in Ontario: what to know

Greater Toronto Home Pros (broker blog)

A 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.

Marketing content; the percentage varies by date and method (59% cited for Sept 2025, 51% in a Dec 2025 analysis). Directional only.

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Summaries are independently written; sources are 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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