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 $736,300, with an average price of $690,423. Total sales increased to 46, while new listings rose to 92, indicating a shift in market dynamics.

Market Analysis

The Toronto real estate market is currently experiencing a seller's market, with a sales-to-new-listings ratio (SNLR) of 50.0%. This indicates that half of the new listings are being sold, reflecting a healthy demand despite a year-over-year price decline of 12.6%. The total inventory stands at 139 active listings, resulting in a months of inventory (MOI) of 3.0, suggesting that homes are selling relatively quickly compared to the previous month, where the MOI was 4.6.

Property Type Analysis

Data on specific property types, including detached homes, attached/townhouses, and apartments, is currently unavailable. However, the overall market dynamics suggest that buyers are actively engaging with the available inventory, which may influence the performance of different property types as more data becomes available.

Regional Highlights

Regionally, the increase in new listings to 92 from 30 in February indicates a potential easing of supply constraints. This uptick in listings may provide buyers with more options, although the year-over-year price decline suggests that sellers may need to adjust their expectations in terms of pricing. The market remains competitive, particularly for well-priced homes.

For Buyers

For buyers, the current market presents an opportunity to explore a wider range of listings with the increase in new inventory. It is advisable to act promptly on properties of interest, as the SNLR indicates that homes are still moving quickly.

For Sellers

Sellers should be mindful of the current market conditions and the year-over-year price decline. Pricing homes competitively will be crucial to attract buyers in this environment, especially as new listings increase and competition grows.