Toronto Regional Real Estate Board Reports March 2026 Market Trends

Toronto Regional Real Estate Board — March 2026

In March 2026, the Toronto real estate market sees a composite benchmark price of $947,700, with an average price of $940,346. Total sales increase to 24, up from 19 in February, while active listings rise to 86.

Market Analysis

The Toronto real estate market continues to exhibit characteristics favoring sellers, with a sales-to-new-listings ratio (SNLR) of 38.1%. This indicates a moderate demand relative to the number of new listings, as 63 new properties enter the market. The months of inventory stands at 3.6, suggesting that while supply is increasing, it remains below the balanced market threshold of five to six months, which typically favors sellers. Year-over-year, the average price has decreased by 9.9%, reflecting a cooling trend in the market compared to previous periods.

Property Type Analysis

Currently, detailed breakdowns for property types such as detached, attached/townhouse, and apartments are not available. However, the overall market dynamics suggest that the demand for various property types may be influenced by the current economic conditions and buyer sentiment, which could vary across different segments of the market.

Regional Highlights

Regionally, the increase in active listings to 86 indicates a growing supply, which may provide buyers with more options. The slight uptick in sales from February to March suggests that buyers are beginning to engage more actively, potentially in response to the lower average prices. This trend may indicate a shift in buyer confidence as the market stabilizes.

For Buyers

Prospective buyers are advised to take advantage of the current market conditions, as the increase in active listings may provide more choices and negotiating power. With prices having decreased year-over-year, buyers may find opportunities to secure properties at more favorable prices.

For Sellers

Sellers should remain strategic in their approach, given the current market dynamics. With a sales-to-new-listings ratio of 38.1%, it is crucial for sellers to price their properties competitively and ensure they are well-prepared for showings to attract potential buyers in a market that is still favoring sellers.