Toronto Regional Real Estate Board, April 2026 Market Report: Composite Benchmark Price Dips, Sales Slow

Toronto Regional Real Estate Board — April 2026

The Toronto Regional Real Estate Board reports a composite benchmark price of $1,262,800 for April 2026, marking an 11.2% year-over-year decrease. Total sales reached 44, accompanied by an average price of $1,511,827.

Market Analysis

The Toronto Regional Real Estate Board's data for April 2026 indicates a composite benchmark price of $1,262,800, a decrease from March 2026's $1,280,500. This represents an 11.2% year-over-year decline in the benchmark price. Total sales for the month were 44, a reduction from the 51 sales recorded in March.

Supply dynamics show new listings at 95, matching active listings at 95. This increase in active listings from 84 in March contributes to a rise in months of inventory to 2.2, up from 1.6 in the prior month. Despite these shifts, the market condition remains categorized as a sellers' market, supported by a sales-to-new-listings ratio (SNLR) of 46.3%.

The increase in inventory and a slight dip in sales activity month-over-month suggest a gradual rebalancing, although the market continues to favor sellers. The year-over-year price adjustment reflects broader market trends impacting property values.

Property Type Analysis

Specific benchmark prices and sales figures for individual property types, including detached homes, attached/townhouses, and apartments, are not available for April 2026. Therefore, a detailed breakdown of performance across these segments cannot be provided in this report.

Regional Highlights

Regional trends and specific market performance across different areas within the Toronto Regional Real Estate Board's jurisdiction are not detailed in the available data for April 2026. The report focuses on aggregate market metrics for the entire region.

For Buyers

Buyers in the Toronto Regional Real Estate Board market for April 2026 face a sellers' market, though the months of inventory has increased to 2.2. The year-over-year price adjustment of -11.2% may present opportunities for some. Prospective buyers should consult with real estate professionals to understand specific property values and negotiate effectively, given the evolving supply dynamics.

For Sellers

Sellers continue to benefit from a sellers' market in April 2026, despite a slight increase in months of inventory to 2.2 and a decrease in total sales from the prior month. With active listings at 95, strategic pricing and presentation remain crucial. Sellers are advised to work closely with their agents to position their properties competitively and capitalize on the prevailing market conditions.