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 $689,500 and an average price of $754,000. Total sales increased to 29, up from 21 in February, while new listings rose to 99, contributing to a balanced market condition.

Market Analysis

The Toronto real estate market in March 2026 exhibits balanced conditions, with a months of inventory (MOI) at 5.6, indicating a stable supply relative to demand. The sales-to-new-listings ratio (SNLR) stands at 29.3%, suggesting that while sales are improving, the pace remains moderate compared to the number of new listings entering the market. The average price of $754,000 reflects a year-over-year decline of 10.4%, signaling a cooling trend in pricing as buyers navigate a more cautious market environment.

Property Type Analysis

Currently, detailed breakdowns for property types such as detached homes, attached/townhouses, and apartments are not available. However, the overall market dynamics suggest that buyers may find opportunities across various segments as inventory levels rise and competition stabilizes. The increase in active listings to 163 from 139 in February indicates a growing selection for prospective buyers.

Regional Highlights

Regionally, the increase in new listings to 99 suggests that sellers are responding to the current market conditions by bringing more properties to market. This influx may help alleviate some of the competitive pressures experienced in previous months, as buyers have more options to consider. The balanced market conditions observed in March reflect a shift from the previously more aggressive seller's market.

For Buyers

For buyers, the current balanced market presents an opportunity to negotiate more favorable terms. With an increase in active listings, prospective homeowners should take the time to explore various options and conduct thorough due diligence before making offers, as the market is less competitive than in prior months.

For Sellers

Sellers are encouraged to price their properties competitively in light of the current market conditions. With a balanced market and a year-over-year price decline, it is essential for sellers to be realistic about their pricing strategies to attract buyers and facilitate timely sales.