Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$1,051,969
MoM +$34,173 +3.4% up $34,173, 3.4% versus March 2026 YoY −5.0% down 5.0% versus April 2025
Source: TRREB MarketWatch, April 2026
Greater Toronto Area · TRREB MarketWatch
GTA Real Estate Market Report
April 2026
In April 2026 the average selling price across the Greater Toronto Area rose 3.4% to $1,051,969 versus March 2026, and sales jumped 18.0% to 5,946.
Headline indicators
All TRREB areas · all home types
Median price — The midpoint sale price. Less affected by a few very high or low sales than the average.
$880,000
MoM +$10,000 +1.1% up $10,000, 1.1% versus March 2026 YoY −7.4% down 7.4% versus April 2025
MLS® HPI benchmark — Quality-adjusted price for a typical home. The cleanest like-for-like price signal.
$944,100
MoM +$2,300 +0.2% up $2,300, 0.2% versus March 2026 YoY −6.5% down 6.5% versus April 2025
Sales — Firm transactions reported through the MLS® System during the month.
5,946
MoM +907 +18.0% up 907, 18.0% versus March 2026 YoY +6.2% up 6.2% versus April 2025
Dollar volume — Total value of all sales in the month.
$6.26B
MoM +$1,126,333,630 +22.0% up $1,126,333,630, 22.0% versus March 2026 YoY +0.8% up 0.8% versus April 2025
New listings — Properties newly listed during the month.
17,097
MoM +2,655 +18.4% up 2,655, 18.4% versus March 2026 YoY −9.2% down 9.2% versus April 2025
Active listings — Listings available at month end.
25,110
MoM +3,514 +16.3% up 3,514, 16.3% versus March 2026 YoY −8.3% down 8.3% versus April 2025
Avg. LDOM — Average days on market for the current listing. Not reported before 2020.
29
MoM −2 days −6.5% down 2 days, 6.5% versus March 2026 YoY +16.0% up 16.0% versus April 2025
Avg. PDOM — Average days on market across the property’s consecutive listings. Not reported before 2020.
43
MoM −4 days −8.5% down 4 days, 8.5% versus March 2026 YoY +30.3% up 30.3% versus April 2025
Avg. SP/LP — Average sale price as a share of list price. Above 100% means competing offers were common.
98%
MoM no change no change versus March 2026 YoY −1.0% down 1.0% versus April 2025
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
34.8%
MoM −0.1 pp −0.3% down 0.1 pp, 0.3% versus March 2026 YoY +17.0% up 17.0% versus April 2025
Months of inventory — Active listings divided by monthly sales — how long the current stock would take to sell. Computed here, not TRREB’s trend figure.
4.2
MoM −0 −1.5% down 0, 1.5% versus March 2026 YoY −13.6% down 13.6% versus April 2025
The month in 60 seconds
- Across all TRREB areas, new listings jumped 18.4% to 17,097 versus March 2026.
- Across all TRREB areas, sales jumped 18.0% to 5,946 versus March 2026.
- Across all TRREB areas, active listings jumped 16.3% to 25,110 versus March 2026.
- Across all TRREB areas, the average selling price rose 3.4% to $1,051,969 versus March 2026.
- Across all TRREB areas, the median selling price edged up 1.1% to $880,000 versus March 2026.
Generated from the figures above. Ordered by size of month-over-month move.
Economy
Indicators published with this edition
Real GDP growth
-0.6%
Q4 2025
Toronto employment growth
-0.3%
March 2026
Toronto unemployment rate
8.1%
March 2026
Inflation (CPI, year-over-year)
2.4%
March 2026
Bank of Canada overnight rate
2.3%
April 2026
Prime rate
4.5%
April 2026
1-year mortgage rate
5.49%
April 2026
3-year mortgage rate
6.05%
April 2026
5-year mortgage rate
6.09%
April 2026
By home type
All TRREB areas
| Home type | Sales | MoM | Average price | MoM | YoY |
|---|---|---|---|---|---|
| Detached | 2,759 | +524 +23.4% up 524, 23.4% versus March 2026 | $1,372,688 | +$30,313 +2.3% up $30,313, 2.3% versus March 2026 | −4.1% down 4.1% |
| Semi-detached | 563 | +121 +27.4% up 121, 27.4% versus March 2026 | $1,033,469 | +$25,223 +2.5% up $25,223, 2.5% versus March 2026 | −5.1% down 5.1% |
| Att/row/townhouse | 566 | +61 +12.1% up 61, 12.1% versus March 2026 | $939,197 | +$7,457 +0.8% up $7,457, 0.8% versus March 2026 | −6.6% down 6.6% |
| Condo townhouse | 419 | +48 +12.9% up 48, 12.9% versus March 2026 | $704,847 | −$34,518 −4.7% down $34,518, 4.7% versus March 2026 | −10.1% down 10.1% |
| Condo apartment | 1,553 | +131 +9.2% up 131, 9.2% versus March 2026 | $635,653 | +$15,174 +2.4% up $15,174, 2.4% versus March 2026 | −6.3% down 6.3% |
| Link | 61 | +17 +38.6% up 17, 38.6% versus March 2026 | $932,803 | +$24,656 +2.7% up $24,656, 2.7% versus March 2026 | −6.9% down 6.9% |
| Co-op apartment | 6 | +1 +20.0% up 1, 20.0% versus March 2026 | $451,333 | −$88,463 −16.4% down $88,463, 16.4% versus March 2026 | −46.8% down 46.8% |
| Detached condo | 8 | −4 −33.3% down 4, 33.3% versus March 2026 | $917,438 | −$93,062 −9.2% down $93,062, 9.2% versus March 2026 | −26.2% down 26.2% |
| Co-ownership apartment | 11 | +8 +266.7% up 8, 266.7% versus March 2026 | $444,318 | +$149,318 +50.6% up $149,318, 50.6% versus March 2026 | +17.7% up 17.7% |
Average price by home type
13 months to April 2026
| Month | Detached | Semi-detached | Att/row/townhouse | Condo townhouse | Condo apartment |
|---|---|---|---|---|---|
| Apr '25 | 1431495 | 1088848 | 1005487 | 783935 | 678048 |
| May '25 | 1425264 | 1098447 | 995662 | 763172 | 683413 |
| Jun '25 | 1392033 | 1089751 | 965792 | 761106 | 696424 |
| Jul '25 | 1361660 | 1041359 | 929524 | 743469 | 651483 |
| Aug '25 | 1312240 | 980102 | 946395 | 739341 | 642195 |
| Sep '25 | 1359030 | 1015543 | 947928 | 747658 | 655231 |
| Oct '25 | 1355506 | 1033770 | 935042 | 735123 | 660208 |
| Nov '25 | 1346017 | 997499 | 913078 | 718191 | 663290 |
| Dec '25 | 1302980 | 957357 | 972915 | 723920 | 628029 |
| Jan '26 | 1277915 | 945967 | 914738 | 697599 | 604759 |
| Feb '26 | 1325654 | 1027376 | 930779 | 748500 | 626650 |
| Mar '26 | 1342375 | 1008246 | 931740 | 739365 | 620479 |
| Apr '26 | 1372688 | 1033469 | 939197 | 704847 | 635653 |
Movers this month
Ranked across 54 of the 55 required areas · minimum 10 sales to qualify
Average price, month-over-month
Top 5
- Toronto C11 +68.5% up 68.5%
- Toronto C03 +36.6% up 36.6%
- Toronto C02 +30.8% up 30.8%
- Toronto E02 +23.2% up 23.2%
- Toronto C06 +20.5% up 20.5%
Bottom 5
- King −22.0% down 22.0%
- Caledon −19.6% down 19.6%
- Scugog −17.5% down 17.5%
- Toronto C14 −13.3% down 13.3%
- Toronto W08 −12.8% down 12.8%
Sales, month-over-month
Top 5
- Toronto E08 +118.2% up 118.2%
- Toronto W05 +102.6% up 102.6%
- Toronto W04 +96.8% up 96.8%
- Toronto C04 +78.7% up 78.7%
- Toronto C03 +64.9% up 64.9%
Bottom 5
- Uxbridge −18.2% down 18.2%
- Toronto E02 −13.7% down 13.7%
- Toronto E07 −6.5% down 6.5%
- Georgina −4.1% down 4.1%
- Toronto C07 −3.6% down 3.6%
Areas below the sales threshold are excluded — with a handful of sales, a couple of transactions can invent a swing that is not a market move.
Market balance
Sales-to-new-listings and months of inventory, computed from this month’s counts
All TRREB areas
SNLR
34.8%
prior month 34.9%
Months of inventory
4.2
All TRREB areas reads differently on the two balance measures — a buyer's market at 34.8% sales-to-new-listings, but balanced conditions at 4.2 months of inventory. They measure different things, so the split is worth noting.
City of Toronto (416)
SNLR
37.7%
prior month 36.1%
Months of inventory
4.0
City of Toronto (416) reads differently on the two balance measures — a buyer's market at 37.7% sales-to-new-listings, but balanced conditions at 4.0 months of inventory. They measure different things, so the split is worth noting.
905 total
SNLR
33.1%
prior month 34.2%
Months of inventory
4.4
905 total reads differently on the two balance measures — a buyer's market at 33.1% sales-to-new-listings, but balanced conditions at 4.4 months of inventory. They measure different things, so the split is worth noting.
These are computed here from the month’s raw counts. TRREB also publishes its own trend-smoothed SNLR and months-of-inventory figures, which are shown separately on the area pages and are not the same measure.
Where I work
Downtown TorontoMidtownScarboroughYork RegionDurham Region
Downtown
$771,660
- Sales
- 459
- SNLR
- 36.1%
- MOI
- 4.7
Aggregated across 2 districts · View →
Midtown
$1,821,886
- Sales
- 343
- SNLR
- 39.2%
- MOI
- 3.5
Aggregated across 6 districts · View →
Scarborough
$812,367
- Sales
- 368
- SNLR
- 38.5%
- MOI
- 3.7
Aggregated across 8 districts · View →
York Region
$1,131,433
- Sales
- 994
- SNLR
- 30.3%
- MOI
- 5.0
Region total · View →
Durham Region
$844,018
- Sales
- 708
- SNLR
- 36.8%
- MOI
- 3.3
Region total · View →
Average price for a multi-district group is weighted by dollar volume, not an average of averages — that would give a district with three sales the same weight as one with three hundred.