Toronto Regional Real Estate Board: April 2026 Sees Sales Rebound to 84, Benchmark Price Dips 1.6% Year-Over-Year

Toronto Regional Real Estate Board — April 2026

The Toronto Regional Real Estate Board reports 84 home sales in April 2026, a significant increase from 47 sales recorded in March 2026. The Composite Benchmark Price for the month stood at $1,953,700, reflecting a 1.6% decrease compared to April 2025. The Average Price for all home types reached $1,926,135.

Market Analysis

According to the Toronto Regional Real Estate Board, April 2026 saw a notable uptick in market activity, with total sales reaching 84, a substantial increase from the 47 transactions reported in March 2026. The Composite Benchmark Price for all residential property types was $1,953,700, marking a modest 1.6% decline compared to April 2025. Despite this year-over-year price adjustment, the market condition for April 2026 is characterized as a sellers' market.

Supply dynamics show 205 new listings entering the market, contributing to 249 active listings by month-end. This represents an increase in active listings from 217 in March 2026. The Months of Inventory (MOI) tightened considerably, falling to 3.0 months in April from 4.6 months in the prior month, indicating a faster absorption rate of available homes. The Sales-to-New Listings Ratio (SNLR) stands at 41.0%, further reinforcing the competitive environment for buyers.

Property Type Analysis

Detailed analysis of specific property types, including Detached, Attached/Townhouse, and Apartment segments, is not available for April 2026. The Toronto Regional Real Estate Board's overall market metrics reflect the combined performance across all housing forms.

Regional Highlights

Specific regional trends and highlights are not available for this reporting period from the Toronto Regional Real Estate Board.

For Buyers

In a sellers' market with tightening inventory, prospective buyers should be prepared to act decisively. With the Months of Inventory at 3.0 and a Sales-to-New Listings Ratio of 41.0%, competition for desirable properties is evident. Buyers are advised to secure pre-approvals, understand their budget thoroughly, and work closely with their real estate professional to navigate competitive bidding scenarios effectively.

For Sellers

Sellers are currently operating in a favorable market environment, characterized by increased sales activity and reduced inventory levels. While the Composite Benchmark Price saw a slight year-over-year decrease of 1.6%, the significant drop in Months of Inventory to 3.0 suggests strong buyer demand. Sellers should focus on presenting their homes in optimal condition, pricing strategically to attract multiple offers, and being prepared for a potentially swift transaction process.