Toronto Regional Real Estate Board: April 2026 Sees Composite Benchmark Price at $860,700 Amidst 9.4% Annual Price Decline

Toronto Regional Real Estate Board — April 2026

The Toronto Regional Real Estate Board reports that the Composite Benchmark Price for April 2026 stands at $860,700, reflecting a 9.4% year-over-year decrease. The average price for all home types reached $994,181, with a total of 44 sales recorded across the Greater Toronto Area.

Market Analysis

The Toronto Regional Real Estate Board's April 2026 market analysis indicates a Composite Benchmark Price of $860,700, a slight decrease from March 2026's $863,100. The average price for all home types in April is $994,181. Total sales volume saw a marginal increase to 44 transactions, up from 43 sales reported in March 2026, yet the market experiences a 9.4% year-over-year decline in price.

Despite the year-over-year price adjustment, market conditions are characterized as a sellers' market. New listings for April totaled 104, contributing to 136 active listings, an increase from 107 active listings in March. This shift results in a Months of Inventory (MOI) rising to 3.1 months, compared to 2.5 months in the prior month, suggesting a modest easing of supply constraints. The sales-to-new-listings ratio (SNLR) stands at 42.3%, indicating a competitive environment for available properties.

Property Type Analysis

The Toronto Regional Real Estate Board reports that specific benchmark prices and sales figures for detached, attached/townhouse, and apartment property types are not available for April 2026. Consequently, a detailed breakdown and comparative analysis of performance across individual housing segments cannot be provided in this report.

Regional Highlights

Regional specific trends and highlights for the Greater Toronto Area are not available for this reporting period. The Toronto Regional Real Estate Board's analysis focuses on aggregate market performance across the entire region.

For Buyers

Buyers navigating the current sellers' market should remain prepared for competitive situations, despite the year-over-year price decline. With Months of Inventory at 3.1, properties are still moving relatively quickly. It is advisable for prospective buyers to secure pre-approvals, understand their budget thoroughly, and act decisively when suitable properties become available, leveraging professional guidance to assess fair market value.

For Sellers

Sellers benefit from the prevailing sellers' market conditions, though the increase in active listings to 136 and a higher Months of Inventory compared to March 2026 suggest a slightly less constrained supply environment. Pricing strategies should be informed by recent comparable sales and the 9.4% year-over-year price adjustment. Presenting homes in optimal condition and working with a real estate professional to effectively market properties can maximize outcomes in this competitive landscape.