Toronto Regional Real Estate Board: April 2026 Sees Sales Rise, Benchmark Price Slightly Down

Toronto Regional Real Estate Board — April 2026

The Toronto Regional Real Estate Board reports that the Composite Benchmark Price for April 2026 stood at $910,300, marking a slight year-over-year decrease of 0.6%. Total sales activity increased to 64 transactions in April, up from 50 sales recorded in March 2026.

Market Analysis

The Toronto Regional Real Estate Board's analysis for April 2026 indicates a Composite Benchmark Price of $910,300, a marginal decrease of 0.6% compared to the previous year. The average price across all property types reached $1,096,146 during the month.

Market activity saw a total of 64 sales in April, an increase from 50 sales in March 2026. New listings totaled 159, while active listings stood at 218, a rise from 196 active listings in March. The Sales-to-New Listings Ratio (SNLR) was 40.3%, and Months of Inventory (MOI) decreased to 3.4 months from 3.9 months in March, indicating a continued sellers' market condition.

Property Type Analysis

Specific benchmark prices and sales figures for detached, attached/townhouse, and apartment property types are not available for April 2026.

Regional Highlights

The Toronto Regional Real Estate Board's report for April 2026 does not include specific regional breakdown data for this period.

For Buyers

In April 2026's sellers' market, prospective buyers should be prepared for competitive conditions, as indicated by the 3.4 months of inventory. Securing pre-approval for financing and acting decisively on suitable properties are crucial strategies. Working with a knowledgeable real estate professional can help navigate current market dynamics and identify opportunities.

For Sellers

Sellers continue to benefit from favorable conditions in April 2026, with a Sales-to-New Listings Ratio of 40.3% reflecting strong demand relative to new supply. Properly pricing homes based on recent comparable sales and presenting properties in their best light can maximize interest and achieve optimal outcomes. Consulting with a real estate expert can help strategize for a successful sale.