Toronto Regional Real Estate Board Reports Balanced Market in March 2026

Toronto Regional Real Estate Board — March 2026

In March 2026, the Toronto Regional Real Estate Board reports a composite benchmark price of $971,900 and an average price of $1,017,258. Total sales reached 49, with 136 new listings entering the market.

Market Analysis

The Toronto real estate market remains balanced as of March 2026, with a months of inventory (MOI) at 4.5. This indicates that the supply of homes is keeping pace with demand, allowing buyers and sellers to negotiate on more equal footing. The sales-to-new-listings ratio (SNLR) stands at 36.0%, suggesting that while activity is present, it is not overly competitive, reflecting a cautious approach from both buyers and sellers in the current economic climate.

Compared to February 2026, total sales have increased from 38 to 49, while active listings have risen from 202 to 222. This increase in both sales and listings indicates a slight uptick in market activity, although the year-over-year price change shows a decline of 15.2%. This suggests that while more homes are being sold, prices are still adjusting downward in response to broader market conditions.

Property Type Analysis

Currently, detailed breakdowns for property types such as detached homes, attached/townhouses, and apartments are not available. However, the overall market dynamics suggest that all property types may be experiencing similar trends, with a balanced market allowing for reasonable negotiations across the board.

As the market stabilizes, potential buyers may find opportunities in various segments, while sellers may need to adjust their expectations based on the current price trends and inventory levels.

Regional Highlights

Regionally, the Toronto area continues to see fluctuations in market activity, with new listings outpacing sales in March 2026. This trend may indicate a growing confidence among sellers to enter the market, despite the overall decline in prices. The increase in active listings suggests that buyers have more options available, which could lead to a more measured approach in purchasing decisions.

For Buyers

For buyers, the current balanced market presents an opportunity to negotiate favorable terms. With a variety of listings available and a reasonable MOI, buyers are encouraged to conduct thorough research and consider their options carefully before making an offer.

For Sellers

Sellers should remain realistic about pricing in the current market environment. With a year-over-year price decline of 15.2%, it is advisable to price homes competitively to attract potential buyers, while also being prepared for negotiations.