Toronto Regional Real Estate Board Reports March 2026 Market Trends

Toronto Regional Real Estate Board — March 2026

In March 2026, the Toronto Regional Real Estate Board reports a composite benchmark price of $1,280,500, with an average price of $1,227,061. Total sales increased to 51, up from 24 in February, while active listings rose to 84.

Market Analysis

The Toronto real estate market is currently experiencing a seller's market, characterized by a sales-to-new-listings ratio (SNLR) of 52.0% and a months of inventory (MOI) of just 1.6. This indicates that demand is outpacing supply, as evidenced by the increase in total sales from 24 in February to 51 in March, despite a year-over-year price decline of 7.4%. The rise in new listings to 98 suggests that sellers are responding to the current market conditions, but the overall inventory remains low, contributing to upward pressure on prices.

Property Type Analysis

Data on specific property types remains unavailable for March 2026. However, the overall market dynamics indicate that detached homes, attached/townhouses, and apartments may all be affected by the current seller's market conditions. Buyers may find competition across various segments, particularly as inventory levels remain tight.

Regional Highlights

Regional trends show a continued interest in the Toronto market, with a notable increase in sales activity compared to the previous month. The increase in active listings to 84 indicates that sellers are entering the market, which may help balance the supply-demand equation in the coming months. However, the year-over-year price decline suggests that buyers are still cautious, potentially impacting future sales.

For Buyers

Buyers are advised to act quickly in the current market, as the low months of inventory indicates that desirable properties may not remain available for long. It is essential for buyers to be prepared with financing and to work closely with a real estate professional to navigate the competitive landscape effectively.

For Sellers

Sellers should take advantage of the current market conditions by pricing their homes competitively and ensuring they are well-prepared for showings. With the increase in new listings, it is crucial for sellers to differentiate their properties to attract potential buyers and achieve favorable sales outcomes.