TRREB April 2026: Benchmark Price Dips to $933,300 Amidst Shifting Market Conditions

Toronto Regional Real Estate Board — April 2026

The Toronto Regional Real Estate Board reports the Composite Benchmark Price for April 2026 stood at $933,300, a decrease from March's $970,900. Total sales reached 34, an increase from the 30 sales recorded in the prior month, indicating a dynamic market despite the price adjustment.

Market Analysis

The Toronto Regional Real Estate Board's Composite Benchmark Price for April 2026 was $933,300, reflecting a month-over-month decrease from March's $970,900. Despite this dip, the average price for the month was $1,012,471, and the market condition is categorized as a sellers' market. Year-over-year, the price change shows a positive trend of +4.1%.

Total sales in April 2026 increased to 34, up from 30 sales in March. New listings for the month were 74, while active listings rose to 112 from 96 in March. The Months of Inventory (MOI) remained relatively stable at 3.3, a slight increase from 3.2 in the prior month, suggesting a balanced but still competitive environment for buyers. The Sales-to-New Listings Ratio (SNLR) was 45.9%.

Property Type Analysis

Detailed breakdown of property types, including detached, attached/townhouse, and apartment benchmarks and sales figures, are not available for this reporting period.

Regional Highlights

Specific regional trends and highlights are not available for this reporting period.

For Buyers

Buyers in the Toronto market should be prepared for competitive conditions, as indicated by the sellers' market designation and a Months of Inventory at 3.3. While the Composite Benchmark Price saw a slight decrease from the prior month, the overall year-over-year price growth of +4.1% suggests underlying strength. Prospective purchasers are advised to work closely with their real estate professionals to understand specific property values and to act decisively when suitable opportunities arise.

For Sellers

Sellers continue to benefit from a market favoring their position, with a Sales-to-New Listings Ratio of 45.9% and a relatively stable Months of Inventory. Despite a month-over-month adjustment in the Composite Benchmark Price, the positive year-over-year price change of +4.1% indicates sustained demand. Listing agents should focus on strategic pricing and presentation to capitalize on the current market dynamics and attract serious buyers.