Here's a novel idea, why not list a property for what you believe its worth.  Or better yet have a transparent auction.  The article screams desperation by a realtor trying to defend what has happened to the market.  For your next article can you please talk about the effect of supply and demand on the price of houses.  While I am sure the number of listings is artificially high, the same can be said about the price of houses in the GTA.  Its a prefect storm, the buyers are fed up with unscrupulous agents that have artificially inflated the market by 15% or more and there is an increase in supply.  Houses that were once fetching 1.45 million are now being forced to sell for 1.1 million. The reality is that real estate agents can't control market forces irrespective of what the statistics may or may not reveal. Prices have dropped significantly in many areas.  Lawyers are being contacted because purchasers now realized they overpaid. Realtors need to be held accountable for this mess.