Toronto Regional Real Estate Board: April 2026 Sales Edge Up, Benchmark Price $882,700, Down 12.3% Year-Over-Year

Toronto Regional Real Estate Board — April 2026

The Toronto Regional Real Estate Board reports 36 sales in April 2026, a modest increase from 33 sales in March 2026. The Composite Benchmark Price reached $882,700, up from $879,500 the prior month, though marking a 12.3% decline year-over-year. The average price for April 2026 was $924,208.

Market Analysis

The Toronto Regional Real Estate Board reports that the housing market in April 2026 experienced a slight uptick in sales activity, with 36 transactions recorded, an increase from 33 sales in March 2026. The Composite Benchmark Price for all home types reached $882,700, showing a marginal rise from $879,500 in the previous month. However, this benchmark price represents a 12.3% decrease compared to April of the previous year. The average price for all home types in April 2026 stood at $924,208.

Despite the month-over-month price increase, the market remains characterized by a "sellers" condition, as indicated by the Sales-to-New Listings Ratio (SNLR) of 35.6%. New listings for the month totaled 101, contributing to an active listings count of 139, up from 119 active listings in March 2026. Months of Inventory (MOI) also saw a slight increase to 3.9 months in April, compared to 3.6 months in March, suggesting a modest easing in market tightness.

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. This limits a detailed analysis of performance across different housing segments for the reporting period.

Regional Highlights

Specific regional trends and highlights are not available in the provided data for April 2026. The Toronto Regional Real Estate Board's report focuses on aggregate market performance across the region.

For Buyers

Buyers should be prepared for a competitive environment given the "sellers" market condition and the Sales-to-New Listings Ratio of 35.6%. While the Composite Benchmark Price has seen a year-over-year decline of 12.3%, the month-over-month increase suggests some stabilization. Prospective buyers should consult with a real estate professional to understand specific sub-market dynamics and be ready to act decisively on suitable properties.

For Sellers

Sellers in April 2026 benefit from a "sellers" market condition, which can lead to quicker sales and potentially stronger offers. With 101 new listings and 139 active listings, strategic pricing and presentation remain crucial to stand out. The slight increase in Months of Inventory to 3.9 suggests that while conditions favor sellers, careful market analysis and professional guidance are important to maximize returns.