Toronto Regional Real Estate Board: April 2026 Sees Sales Rebound, Benchmark Price Dips Annually

Toronto Regional Real Estate Board — April 2026

The Toronto Regional Real Estate Board reports 61 home sales in April 2026, a notable increase from 37 sales recorded in March 2026. The Composite Benchmark Price for April 2026 stands at $1,442,200, representing an 8.7% decrease compared to the previous year, while the average price reached $2,057,769.

Market Analysis

The Toronto Regional Real Estate Board characterizes the April 2026 market as a sellers' market, supported by a Sales-to-New Listings Ratio (SNLR) of 40.4%. Total sales activity saw a significant month-over-month increase, with 61 transactions reported, up from 37 sales in March 2026. Despite this surge in sales, the Composite Benchmark Price of $1,442,200 reflects an 8.7% decline compared to April of the previous year.

Supply dynamics show 151 new listings entering the market in April, contributing to 181 active listings by month-end. This represents an increase in active listings from 153 in March 2026. The Months of Inventory (MOI) tightened to 3.0 months in April, a notable decrease from 4.1 months in the prior month, indicating a faster absorption rate of available properties.

Property Type Analysis

Specific benchmark prices and sales figures for individual property types, including Detached, Attached/Townhouse, and Apartment segments, are not available for April 2026. Therefore, a detailed analysis of performance across different housing categories is not possible at this time.

Regional Highlights

Regional-specific data points are not available for this reporting period. As such, a detailed analysis of trends across different regions within the Toronto Regional Real Estate Board's jurisdiction cannot be provided.

For Buyers

Buyers navigating the current sellers' market should be prepared for competitive conditions, as indicated by the tightening Months of Inventory. While the Composite Benchmark Price shows an annual decline, the month-over-month increase suggests a strengthening market. Consulting with a real estate professional to understand specific sub-market dynamics and to craft competitive offers is advisable.

For Sellers

Sellers are currently operating in a favorable market environment, characterized by increased sales activity and a low Months of Inventory. The Sales-to-New Listings Ratio of 40.4% suggests strong buyer demand relative to new supply. Strategic pricing and effective marketing remain crucial to capitalize on current market conditions and attract serious buyers.