Toronto Regional Real Estate Board Reports April 2026 Market Sees Benchmark Price Rise to $970,200 Amidst Seller's Conditions

Toronto Regional Real Estate Board — April 2026

The Toronto Regional Real Estate Board reports the Composite Benchmark Price reached $970,200 in April 2026, marking an increase from the prior month. Total sales for the period stood at 28, with the market maintaining a seller's condition.

Market Analysis

The Toronto Regional Real Estate Board's Composite Benchmark Price for April 2026 registered at $970,200, an increase from March 2026's $947,700. Despite this monthly gain, the Composite Benchmark Price shows a 3.4% decline compared to April of the previous year. The average price for the month was $966,193, and the market continues to operate under seller's conditions, indicating sustained demand relative to available inventory.

Total sales activity for April 2026 reached 28 transactions, an increase from the 24 sales recorded in March 2026. New listings totaled 84, contributing to 108 active listings by month-end, up from 86 active listings in March. The Months of Inventory (MOI) slightly increased to 3.9 months from 3.6 months in the prior period, while the Sales-to-New Listings Ratio (SNLR) stood at 33.3%.

These metrics, published by the Toronto Regional Real Estate Board, reflect a market where demand continues to absorb available supply, albeit with a slight easing in inventory levels month-over-month. The persistent seller's market condition underscores the competitive environment for buyers.

Property Type Analysis

Specific benchmark prices and sales figures for detached, attached/townhouse, and apartment property types are not available for April 2026. The overall market trends, as reflected in the Composite Benchmark Price and total sales, provide the primary indicators for the Toronto Regional Real Estate Board's analysis this period.

Regional Highlights

Regional trends across the Toronto Regional Real Estate Board's service area are not detailed in this report. The analysis focuses on the composite market performance for April 2026.

For Buyers

Buyers navigating the Toronto Regional Real Estate Board's market in April 2026 should be prepared for competitive conditions, as indicated by the seller's market designation. While the Composite Benchmark Price saw a monthly increase, the year-over-year decline of 3.4% may present opportunities for those ready to act. Consulting with a real estate professional to understand specific sub-market dynamics and financing options is advisable.

For Sellers

Sellers in the Toronto Regional Real Estate Board's market benefit from prevailing seller's conditions in April 2026. With active listings increasing and Months of Inventory slightly higher than the prior month, strategic pricing and presentation remain crucial to attract offers. Engaging with a real estate expert to accurately price properties and effectively market them can maximize outcomes in this environment.