Toronto Regional Real Estate Board: March 2026 Sales Up 1.7% to 5,039; Composite Benchmark Price $941,800, Down 7.4% YoY

Toronto Regional Real Estate Board — March 2026

The Toronto Regional Real Estate Board reported 5,039 home sales through its MLS® System in March 2026, marking an increase of 1.7 per cent compared to March 2025. The MLS® Home Price Index (MLS® HPI) Composite benchmark price for March 2026 was $941,800, representing a decrease of 7.4 per cent year-over-year.

Market Analysis

The Toronto Regional Real Estate Board reported a Composite Benchmark Price of $941,800 for March 2026. This figure reflects a year-over-year decrease of 7.4 per cent compared to March 2025. New listings entered into the MLS® System amounted to 14,442 in March 2026, which was down by 16.7 per cent year-over-year. GTA REALTORS® reported 5,039 home sales through TRREB’s MLS® System in March 2026, an increase of 1.7 per cent compared to March 2025. The average selling price in March 2026 was $1,017,796, down by 6.7 per cent compared to March 2025.

In comparison to the prior month, February 2026, the Composite Benchmark Price was $938,800. On a seasonally adjusted basis, March 2026 home sales and new listings were up month-over-month compared to February 2026. On a month-over-month seasonally adjusted basis, selling prices remained relatively flat, with the MLS® HPI Composite edging down and the average selling price edging up compared to February 2026.

Property Type Analysis

In March 2026, the Toronto Regional Real Estate Board reported specific benchmark prices for various property types. The benchmark price for a detached home was $1,151,700. For attached/townhouse properties, the benchmark price stood at $688,300. Apartment properties recorded a benchmark price of $544,200.