TRREB: April 2026 Market Sees Balanced Conditions, Benchmark Price Up 2.5% YoY to $1,964,600

Toronto Regional Real Estate Board — April 2026

The Toronto Regional Real Estate Board (TRREB) reports a balanced market for April 2026, with the Composite Benchmark Price reaching $1,964,600, a 2.5% increase year-over-year. Total sales for the month stood at 24, contributing to an Average Price of $2,827,688.

Market Analysis

The Toronto Regional Real Estate Board characterizes the April 2026 market as balanced, reflecting stable conditions. The Composite Benchmark Price for the month was $1,964,600, marking a 2.5% increase compared to April of the previous year. The Average Price for all home types reached $2,827,688.

Total sales in April 2026 were 24, an increase from 17 sales reported in March 2026. New listings for the month totaled 65, while active listings stood at 97, a slight increase from 89 active listings in the prior month. The Months of Inventory (MOI) registered at 4.0, indicating a balanced supply, and a decrease from 5.2 MOI in March 2026.

The Sales-to-New-Listings Ratio (SNLR) for April 2026 was 36.9%, further supporting the assessment of a balanced market. This ratio, coupled with the MOI, suggests that neither buyers nor sellers hold a significant advantage in current market negotiations.

Property Type Analysis

Specific benchmark prices and sales figures for detached, attached/townhouse, and apartment property types are not available for this reporting period. The overall market metrics, including the Composite Benchmark Price and Average Price, reflect the performance across all housing segments within the Toronto Regional Real Estate Board's jurisdiction.

Regional Highlights

Regional trends and specific market highlights for sub-regions within the Toronto Regional Real Estate Board's service area are not detailed in this report. The provided metrics offer a comprehensive overview of the broader market performance for April 2026.

For Buyers

In a balanced market, buyers have more time to conduct due diligence and explore options without the intense pressure of a highly competitive environment. The Toronto Regional Real Estate Board advises prospective buyers to work closely with a real estate professional to understand specific neighborhood dynamics and to be prepared with financing pre-approvals to act decisively when the right property emerges.

For Sellers

Sellers in a balanced market should focus on strategic pricing and property presentation to attract serious buyers. With 97 active listings in April 2026, properties need to stand out. The Toronto Regional Real Estate Board recommends consulting with a real estate agent to accurately price homes based on comparable sales and to ensure properties are well-staged and marketed effectively to achieve optimal outcomes.