Toronto Regional Real Estate Board Reports March 2026 Market Trends: Composite Benchmark Price at $913,100

Toronto Regional Real Estate Board — March 2026

In March 2026, the Toronto real estate market sees a composite benchmark price of $913,100, with an average price of $993,370. Total sales increased to 50 from 40 in February, while active listings rose to 196, indicating a shift in market dynamics.

Market Analysis

The Toronto real estate market is currently experiencing a seller's market, characterized by a sales-to-new-listings ratio (SNLR) of 35.5%. This indicates that despite an increase in new listings to 141, demand remains strong, contributing to a months of inventory (MOI) of 3.9. The average price has seen a year-over-year decline of 2.1%, reflecting a cooling trend compared to previous periods, yet the increase in total sales suggests a resilient demand among buyers.

Property Type Analysis

Data on specific property types, including detached homes, attached/townhouses, and apartments, is currently unavailable. However, the overall market dynamics suggest that buyers may be exploring various property types as they navigate the current landscape, seeking value amidst fluctuating prices.

Regional Highlights

Regionally, the increase in active listings to 196 from 163 in February indicates a growing supply, which may provide buyers with more options. The slight decline in the composite benchmark price, coupled with a rise in sales, suggests that while prices are stabilizing, buyer interest remains robust across the Toronto area.

For Buyers

Buyers are encouraged to act decisively in the current market, as the increase in active listings may provide more opportunities to negotiate favorable terms. It is advisable to remain informed about market trends and to consider a range of property types to find the best fit for their needs.

For Sellers

Sellers should capitalize on the current seller's market by pricing their properties competitively, given the rising number of active listings. Engaging a knowledgeable real estate agent can help in effectively marketing the property and navigating offers in a dynamic market.