Toronto Regional Real Estate Board, April 2026 Market Report: Composite Benchmark Price at $800,500, Sales Up 96.8% MoM

Toronto Regional Real Estate Board — April 2026

The Toronto Regional Real Estate Board reports a Composite Benchmark Price of $800,500 for April 2026, marking a 7.0% year-over-year decline. Total sales reached 61, a significant increase from March 2026's 31 sales, indicating renewed market activity.

Market Analysis

The Toronto Regional Real Estate Board's April 2026 market analysis reveals a Composite Benchmark Price of $800,500, a modest decrease from March 2026's $809,200. This represents a 7.0% decline in the Composite Benchmark Price year-over-year. The average price for April 2026 stands at $752,380.

Total sales saw a substantial increase, reaching 61 transactions in April 2026, nearly doubling the 31 sales recorded in March 2026. New listings for the month were 178, contributing to 295 active listings by month-end. This increase in sales, coupled with a rise in active listings, has led to a decrease in Months of Inventory (MOI) to 4.8 months from 8.3 months in March 2026. The sales-to-new-listings ratio (SNLR) is 34.3%, indicating a balanced market condition.

Property Type Analysis

The Toronto Regional Real Estate Board's April 2026 report does not include specific benchmark prices or sales figures broken down by property type for detached, attached/townhouse, or apartment segments.

Regional Highlights

Specific regional market trends and highlights are not available in the Toronto Regional Real Estate Board's April 2026 report.

For Buyers

In a balanced market with a Composite Benchmark Price of $800,500 and a 7.0% year-over-year price decline, buyers may find more opportunities and less urgency. With 295 active listings and 4.8 months of inventory, there is a reasonable selection of properties. Buyers are advised to conduct thorough due diligence and consider professional guidance to navigate current market conditions effectively.

For Sellers

Sellers in April 2026 operate within a balanced market, characterized by a 34.3% sales-to-new-listings ratio. While sales activity increased significantly from March, the Composite Benchmark Price has seen a year-over-year decrease. Sellers should price their properties competitively, considering the current average price of $752,380, and work closely with their real estate professionals to develop effective marketing strategies to attract serious buyers.