Estate — Toronto Real

The market is widely considered , with inventory levels tightening but high relative to current demand.

Homes are selling for an average of 97% to 98% of the asking price , with properties staying on the market for an average of 47 to 54 days. Pricing by Property Type TORONTO REAL ESTATE

The Toronto real estate market in April 2026 is currently in a state of , characterized by a seasonal lift in activity despite significant year-over-year price corrections. While sales in the Greater Toronto Area (GTA) saw a modest 1.7% increase compared to last year, the average home price of $1,017,796 remains approximately 6.9% lower than it was in March 2025. Current Market Dynamics (April 2026) The market is widely considered , with inventory

While the Bank of Canada has moved into an easing phase, with the lowest variable rates around 3.3%, the full impact on affordability is expected to take up to 18 months to materialize. While sales in the Greater Toronto Area (GTA) saw a modest 1

A seasonal rebound is underway, with 5,039 transactions in March 2026, marking a 30.3% increase from February.

The provincial government has introduced HST and development charge relief to spur construction, though TRREB reports these savings have yet to significantly lower prices for end buyers. 2026-2027 Forecast Forecasters are divided on the speed of recovery:

Toronto Real Estate Market: Review of 2025 and Future Outlook