Toronto Regional Real Estate Board: April 2026 Sees Composite Benchmark Price at $736,200, Sales Total 43

Toronto Regional Real Estate Board — April 2026

The Toronto Regional Real Estate Board reports the Composite Benchmark Price for April 2026 stood at $736,200, reflecting a marginal month-over-month decrease from March's $736,300. Total sales reached 43 transactions, with the average price recorded at $801,688. The market maintains a sellers' condition, despite a year-over-year price change of -11.5%.

Market Analysis

In April 2026, the Toronto Regional Real Estate Board observed a Composite Benchmark Price of $736,200, a marginal decline from March 2026's $736,300. The average price for all home types settled at $801,688. While the market is characterized as a sellers' market, the year-over-year price change indicates an 11.5% decrease.

Sales activity in April 2026 totaled 43 transactions, a slight decrease from the 46 sales recorded in March 2026. New listings for the month were 91, contributing to 148 active listings. Months of Inventory (MOI) increased to 3.4 in April, up from 3.0 in March, suggesting a slight easing in market tightness. The Sales-to-New Listings Ratio (SNLR) was 47.3%.

Despite the increase in Months of Inventory, the market remains firmly in sellers' territory. The SNLR of 47.3% indicates that nearly half of new listings are absorbed within the month, reflecting sustained buyer interest relative to new supply. Active listings saw an increase from 139 in March to 148 in April, providing slightly more choice for prospective buyers.

Property Type Analysis

The Toronto Regional Real Estate Board's data for April 2026 does not provide specific benchmark prices or sales figures for individual property types such as detached, attached/townhouse, or apartment homes. Therefore, a detailed analysis of performance across these distinct segments is not available for this reporting period.

Regional Highlights

Specific regional trends and highlights across the Toronto Regional Real Estate Board's diverse service areas are not detailed in the available data for April 2026. The report focuses on aggregated market performance metrics for the entire board region.

For Buyers

Buyers in the Toronto Regional Real Estate Board market should note the continued sellers' market conditions, even with a slight increase in Months of Inventory to 3.4. While the Composite Benchmark Price saw a marginal month-over-month adjustment, the year-over-year price change of -11.5% suggests potential for more balanced pricing. Prospective buyers are advised to work closely with their real estate professionals to understand specific property valuations and to be prepared for competitive situations, especially given the Sales-to-New Listings Ratio of 47.3%.

For Sellers

Sellers within the Toronto Regional Real Estate Board's jurisdiction continue to benefit from a sellers' market in April 2026. With 148 active listings and a Months of Inventory at 3.4, properties are still moving relatively quickly. However, the slight increase in MOI from March's 3.0 and the year-over-year price adjustment of -11.5% indicate the importance of strategic pricing. Sellers should consult with their real estate agents to accurately price their homes to attract serious buyers and capitalize on the current market dynamics.