Welcome to this month’s Market Stat blog!

The Greater Toronto Area real estate market is picking up speed! February showed buyers stepping back in confidently, and March confirms it, more homes are selling, prices are holding steady, and motivated buyers are making moves!

Current Market Conditions

March 2026 brought a surge in activity: 5,039 homes changed hands across the Greater Toronto Area, up from 3,868 in February, that is a 1.7% increase compared to March of 2025. The average home price increased slightly, from $1,008,968 in February to $1,017,796 in March, almost $10,000 higher, which is showing that values are stable while the market picks up speed.

Houses are moving faster too. The average days on market dropped from 54 in February to just 47 in March. Buyers are making decisions more quickly, and the momentum is building. The MLS HPI Composite benchmark remains down 7.4% year-over-year, indicating a market that’s still balancing, but one that’s healthier and more predictable than earlier in the year.

Link below for previous Toronto Housing Market Reports

• Toronto Housing Market Report – March 2026
• Toronto Housing Market Report – February 2026
• Toronto Housing Market Report – January 2026
• Toronto Housing Market Report – December 2025
• Toronto Housing Market Report – November 2025

Demand and Interest Rates

Buyer confidence is returning. More buyers are actively looking and making offers, taking advantage of stable pricing and opportunities that didn’t exist a year ago. With interest rates moderating compared to previous peaks, affordability is improving, giving buyers a window to negotiate and secure favorable financing.

Strategic buyers are acting fast, knowing that homes are selling quicker and desirable properties won’t wait. If you’ve been on the fence, now is the moment to take a closer look.

Important: Next Rate Announcement scheduled for April 29, 2026.

Supply of Homes

The number of active listings continues to rise, giving buyers more choices. February saw 19,314 homes available, and March jumped to 21,596. More inventory means a healthier market, less competition for individual homes, and increased negotiating power for buyers.

For sellers, this means strategy matters. Homes need to be priced right, beautifully presented, and marketed effectively to stand out. Thoughtful preparation now can make all the difference in attracting motivated buyers.

Have any Questions: Ask us how to maximize your home’s value and showcase it to stand out in today’s market!

Market Outlook

The GTA market is picking up speed. Buyers are back, inventory is increasing, and prices are stable. Sellers who price wisely and present well are rewarded, while buyers have a rare opportunity to negotiate in a market that’s moving, but not overheated.

As we head further into 2026, watch for new rate announcements and continued activity. For both buyers and sellers, the message is clear… this is a market full of opportunity!

Key Takeaways

• Home sales: February 3,868 → March 5,039 (+1.7% YoY)
• Active listings: February 19,314 → March 21,596 (-8.0% YoY)
• Average home price: February $1,008,968 → March $1,017,796
• MLS HPI Composite: -7.4% YoY in March 2026
• Days on market: February 54 → March 47