Toronto Regional Real Estate Board: April 2026 Market Sees Benchmark Price Stability Amidst Sales Growth

Toronto Regional Real Estate Board — April 2026

The Toronto Regional Real Estate Board reports a Composite Benchmark Price of $764,200 for April 2026, a slight increase from March's $763,100. Total sales reached 112, up from 95 transactions recorded the previous month, while the average price stood at $840,993. Despite monthly gains, the Composite Benchmark Price reflects a year-over-year decline of 14.6%.

Market Analysis

The Toronto Regional Real Estate Board's April 2026 data indicates a resilient market, with the Composite Benchmark Price holding steady at $764,200, a marginal rise from March's $763,100. Total sales activity saw a notable increase, climbing to 112 transactions in April from 95 in March 2026. This monthly growth occurs against a backdrop of a 14.6% year-over-year decrease in the Composite Benchmark Price, suggesting a period of adjustment following prior market conditions.

Supply dynamics in April 2026 show 256 new listings entering the market, contributing to 428 active listings. Months of Inventory decreased to 3.8 in April from 4.2 in March, indicating a quicker absorption rate of available homes. The Sales-to-New Listings Ratio (SNLR) stands at 43.8%, reinforcing the 'sellers' market' condition reported by the Toronto Regional Real Estate Board, where demand continues to absorb a significant portion of new supply.

Property Type Analysis

Specific breakdowns for detached, attached/townhouse, and apartment property types are not available for April 2026. However, the overall market trends, as reflected in the Composite Benchmark Price and total sales figures published by the Toronto Regional Real Estate Board, suggest a consistent environment across the jurisdiction. The general market conditions indicate a broad impact on all housing segments.

Regional Highlights

The Toronto Regional Real Estate Board's April 2026 report provides an aggregate view of the market, with specific regional breakdowns not available. The Composite Benchmark Price of $764,200 and total sales of 112 transactions reflect the overall performance across the entire board's jurisdiction. These figures, published by the Toronto Regional Real Estate Board, indicate a consistent market environment throughout the region.

For Buyers

In a sellers' market, as indicated by the 3.8 months of inventory and 43.8% Sales-to-New Listings Ratio, buyers should be prepared for competitive conditions. Understanding the Composite Benchmark Price of $764,200 and the average price of $840,993 is crucial for making informed offers. Buyers are advised to secure pre-approval and act decisively when suitable properties become available.

For Sellers

Sellers benefit from the current market dynamics, characterized by increased sales activity and reduced months of inventory. With a Composite Benchmark Price of $764,200, strategic pricing remains key to attracting strong offers. Presenting homes in optimal condition can maximize appeal and leverage the existing demand in this sellers' market, as reported by the Toronto Regional Real Estate Board.