Toronto Regional Real Estate Board: April 2026 Market Report Shows Benchmark Price at $792,000

Toronto Regional Real Estate Board — April 2026

The Toronto Regional Real Estate Board reports the Composite Benchmark Price for April 2026 stands at $792,000, a 5.4% decrease year-over-year. Total sales reached 49 transactions, an increase from 45 sales recorded in March 2026, within a prevailing seller's market.

Market Analysis

The Toronto Regional Real Estate Board's market analysis for April 2026 indicates a Composite Benchmark Price of $792,000, a slight decrease from March 2026's $797,600. Despite this month-over-month dip and a 5.4% year-over-year price change, the market maintains a seller's condition.

Sales activity saw an uptick, with 49 total sales in April, up from 45 in March. New listings for the month totaled 115, contributing to 165 active listings, an increase from 150 active listings in the prior month. Months of Inventory edged up slightly to 3.4 from 3.3 in March, while the Sales-to-New-Listings Ratio (SNLR) registered at 42.6%. These figures suggest a market with sustained demand relative to available supply, despite the modest increase in inventory.

Property Type Analysis

Detailed property type breakdowns for detached, attached/townhouse, and apartment segments are not available for April 2026. However, the overall market dynamics, as reflected in the composite benchmark price and sales figures published by the Toronto Regional Real Estate Board, provide a general indication of conditions across the jurisdiction.

Regional Highlights

While specific regional data points are not provided for April 2026, the overall market performance reported by the Toronto Regional Real Estate Board reflects the prevailing conditions across its service area. The observed trends in sales activity and pricing are indicative of the broader real estate landscape within the region.

For Buyers

Buyers in April 2026 navigate a seller's market, as indicated by the Toronto Regional Real Estate Board. With Months of Inventory at 3.4 and a Sales-to-New-Listings Ratio of 42.6%, competitive conditions persist. Prospective buyers should be prepared to act decisively, secure pre-approvals, and work closely with a real estate professional to understand specific property values and market nuances.

For Sellers

Sellers benefit from a prevailing seller's market in April 2026, according to the Toronto Regional Real Estate Board's report. While the Composite Benchmark Price shows a 5.4% decrease year-over-year, the market's current dynamics still favor sellers. With active listings increasing to 165 from 150 in March, strategic pricing and professional presentation remain crucial to attract offers and maximize value.