Toronto Regional Real Estate Board Reports Balanced Market in March 2026

Toronto Regional Real Estate Board — March 2026

In March 2026, the Toronto Regional Real Estate Board reports a composite benchmark price of $694,200 and an average price of $766,469. Total sales reached 26, with new listings at 92, indicating a balanced market condition.

Market Analysis

The Toronto real estate market demonstrates balanced conditions this month, with a months of inventory (MOI) at 5.3, up from 4.0 in February. This increase in inventory suggests that supply is keeping pace with demand, allowing buyers more options. The sales-to-new-listings ratio (SNLR) stands at 28.3%, reflecting a moderate level of buyer activity compared to the number of new listings entering the market.

Property Type Analysis

Currently, specific benchmark prices and sales data for property types such as detached homes, attached/townhouses, and apartments are not available. However, the overall market dynamics indicate that buyers may find opportunities across various property types as inventory levels rise and the market stabilizes.

Regional Highlights

Regionally, the Toronto market is experiencing a year-over-year price decline of 9.2%, which may influence buyer sentiment and purchasing power. The increase in active listings to 139 from 119 in February suggests that sellers are responding to market conditions, potentially leading to more competitive pricing strategies.

For Buyers

For prospective buyers, the current balanced market presents an opportunity to negotiate better terms and prices. With a variety of listings available and a moderate sales pace, buyers are encouraged to conduct thorough research and consider their options carefully before making a purchase.

For Sellers

Sellers should be mindful of the current market dynamics and the year-over-year price decline. Pricing homes competitively and ensuring they are well-presented will be crucial in attracting buyers in this balanced market. Engaging with a knowledgeable real estate professional can provide valuable insights into effective pricing strategies.