Toronto Regional Real Estate Board: April 2026 Market Maintains Balance with Modest Sales and Price Adjustment

Toronto Regional Real Estate Board — April 2026

The Toronto Regional Real Estate Board reports a balanced market for April 2026, with the Composite Benchmark Price reaching $922,500. Total sales for the month stood at 26, a slight increase from March 2026, while the Composite Benchmark Price registered a year-over-year decline of 12.4%. The average price for April 2026 was $919,969.

Market Analysis

According to figures published by the Toronto Regional Real Estate Board, April 2026 market conditions remained balanced. The Composite Benchmark Price for the month was $922,500, a modest increase from March 2026's $921,100. Total sales reached 26, up slightly from 25 sales recorded in March 2026.

Supply dynamics show 71 new listings entering the market, contributing to 117 active listings by month-end. This represents a minor increase from 116 active listings in March 2026. Months of Inventory (MOI) registered at 4.5, indicating a slight tightening from 4.6 MOI in March 2026, further supporting the balanced market assessment. The sales-to-new-listings ratio (SNLR) for April 2026 was 36.6%.

Despite the month-over-month stability, the Composite Benchmark Price reflects a year-over-year decrease of 12.4%, suggesting a continued recalibration in pricing compared to the previous year.

Property Type Analysis

Specific benchmark prices and sales figures for detached, attached/townhouse, and apartment property types are not available for April 2026. The overall market trends, as reflected in the Composite Benchmark Price and total sales, provide a general overview of the Toronto Regional Real Estate Board's activity.

Regional Highlights

Regional-specific trends and highlights are not available for this reporting period. The market analysis focuses on the aggregate data for the Toronto Regional Real Estate Board.

For Buyers

In a balanced market, buyers may find more opportunities for negotiation and a less frenzied purchasing environment. With the Composite Benchmark Price showing a 12.4% year-over-year decline, potential buyers are advised to consult with a real estate professional to understand current valuation trends and identify suitable properties. The 4.5 months of inventory suggests a reasonable selection of homes available.

For Sellers

Sellers operating in April 2026's balanced market should set realistic pricing expectations, particularly given the 12.4% year-over-year price adjustment. With 71 new listings and a sales-to-new-listings ratio of 36.6%, strategic pricing and effective marketing are crucial to attract offers. Engaging with a real estate professional can help sellers position their properties competitively.