In April 2026, GTA home sales rose 7% year-over-year while average prices dipped 4.9% compared to last year. Compared to March, both sales and prices improved, and active listings came in below April 2025 levels, pointing to gradually tightening conditions heading into spring.
Detached and condo apartment sales led the year-over-year rebound, up 9.2% and 9.1% respectively. Prices fell across all types, with townhouses seeing the sharpest decline at 7.9% below last year and detached holding up best at 4.1% below, likely reflecting a buyer pool that is less constrained by payment sensitivity.
Buyers still hold negotiating power with average days on market at 43, up from 37 last year. If buyer confidence firms and trade uncertainty eases, sidelined demand could start moving faster, but with rates holding steady near current levels and no clear path lower, price recovery is likely to be gradual.