Toronto Regional Real Estate Board, April 2026 Market Report: Balanced Conditions Persist Amidst Price Dip

Toronto Regional Real Estate Board — April 2026

The Toronto Regional Real Estate Board reports a Composite Benchmark Price of $678,800 for April 2026, alongside an Average Price of $818,716. Total sales reached 295, reflecting a balanced market condition, while the Composite Benchmark Price saw a year-over-year decline of 4.1%.

Market Analysis

The Toronto Regional Real Estate Board's April 2026 market analysis indicates a balanced environment, with the Composite Benchmark Price settling at $678,800. This represents a modest increase from March 2026's $674,400. However, the Composite Benchmark Price experienced a year-over-year decrease of 4.1%.

Total sales for April 2026 reached 295, an increase from the 266 sales recorded in March 2026. New listings stood at 784, contributing to 1,307 active listings, a slight rise from 1,245 active listings in the prior month. The Sales-to-New Listings Ratio (SNLR) was 37.6%, further supporting the balanced market assessment.

Months of inventory (MOI) for April 2026 was 4.4, a decrease from 4.7 months in March 2026, suggesting a slight tightening of supply relative to demand compared to the previous month, yet still within balanced territory.

Property Type Analysis

The Toronto Regional Real Estate Board did not publish specific benchmark prices or sales figures for individual property types in April 2026.

Regional Highlights

Across the broader Toronto region, market dynamics in April 2026 reflect the overall balanced conditions reported by the Toronto Regional Real Estate Board. While specific regional breakdowns are not available, the aggregate data suggests a consistent trend across the diverse communities within the Greater Toronto Area.

For Buyers

In a balanced market, buyers have more time to conduct due diligence and negotiate. The Toronto Regional Real Estate Board advises prospective buyers to work closely with a real estate professional to understand specific neighbourhood dynamics and property values, especially given the year-over-year price adjustment. Thorough research and pre-approval for financing remain crucial steps.

For Sellers

Sellers in April 2026's balanced market should focus on strategic pricing and property presentation to attract offers. With 1,307 active listings, competition is present, and properties priced competitively and presented effectively are more likely to achieve successful sales. Consulting with a real estate agent for a precise market valuation is essential.