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Market Watch April 2026

GTA REALTORS Release April Stats

Home sales increased on a year-over-year basis in April 2026, while the supply of listings trended lower. This suggests that overall market conditions in the Greater Toronto Area (GTA) tightened during the first full month of spring. Despite tighter market conditions, selling prices edged lower on average compared to last year, as buyers continued to benefit from ample choice and negotiating power.

“We have experienced an uptick in home buying activity so far this spring. Buyers have taken advantage of more affordable housing market conditions on the back of lower home prices. If market conditions continue to tighten and home prices level off, this could be a signal to intending homebuyers who remain on the sidelines,” said TRREB President Daniel Steinfeld.

“Lower home prices and borrowing costs over the past year have been a catalyst for some homebuyers this spring. However, we still have a substantial amount of pent-up demand in the marketplace. More certainty on the trade front and an easing in geopolitical tensions would result in further improvements in market activity,” said TRREB’s Chief Information Officer Jason Mercer.

GTA REALTORS® reported 5,946 home sales through TRREB’s MLS® System in April 2026 – an increase of seven per cent compared to April 2025. New listings entered into the MLS® System amounted to 17,097– down by 9.3 per cent yearover-year. On a seasonally adjusted basis, April 2026 home sales and new listings were up month-over-month compared to March 2026. Sales were up by a greater monthly rate than new listings, potentially suggesting more competition between buyers in some neighbourhoods.

The MLS® Home Price Index (MLS® HPI) Composite benchmark was down by 6.6 per cent year-over-year in April 2026. The average selling price, at $1,051,969, was down by 4.9 per cent compared to April 2025.

On a month-over-month seasonally adjusted basis the average selling price edged up compared to March 2026. The MLS® HPI Composite was flat over the same period.

“We recently released a major new housing policy report, ‘Removing Roadblocks: Tackling Municipal Barriers to Housing Supply and Affordability in Ontario,’ outlining the next phase of provincial housing policy reforms needed to build more of the right types of homes and improve affordability for Ontarians. While historic progress has been made, we must continue the work of removing the decades of legislative and regulatory red tape, outdated local rules, and rising municipal costs that are blocking new housing in Ontario. “This report is a roadmap for cutting red tape and unlocking new housing supply,” said TRREB CEO John DiMichele.

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April 2026 real estate market activity in Toronto’s northwest communities of Clairville, Humberwood, Smithfield, Thistletown, Rexdale - Kipling, West Humber and The Elms (W10)

showed relatively stable sales activity, with 35 homes sold in April 2026 compared to 34 sales in April 2025. Average home prices experienced a slight year-over-year decline of 1.22%, bringing the average sale price to $810,000. Detached homes remained the most active segment, accounting for 21 sales with an average price of $945,988.

New listings in the W10 market declined modestly by 6.25%, decreasing from 112 listings in April 2025 to 105 in April 2026. Meanwhile, homes spent longer on the market, with average days on market rising from 32 to 38 days, an increase of 18.75%. Condo apartments remained an affordable entry point for buyers, averaging $404,640, while condo townhomes averaged $660,000, providing a variety of housing opportunities across these Etobicoke neighbourhoods.

For buyers and sellers looking to navigate the changing W10 Etobicoke real estate market, local expertise and neighbourhood insight are key. Maureen Reed Real Estate Services offers personalized guidance and in-depth knowledge of Toronto’s west-end communities to help clients make informed real estate decisions.

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April 2026 real estate market activity for Toronto West-end - W09

April 2026 real estate market activity in Toronto’s west-end communities of Martin Grove Gardens, Willowridge, Richview Park, Kingsview Village, Richmond Gardens, The Westway, Royal York Gardens, and Humber Heights-Westmount (W9) showed stable sales activity with 34 homes sold, matching April 2025 levels. Average home prices increased 6.99% year-over-year to $1,012,471, highlighting continued demand for homes in these desirable Etobicoke neighbourhoods. Detached homes remained the dominant property type, with 22 sales and an average price of $1,191,655.

While sales remained steady, new listings declined significantly by 49.45%, dropping from 91 listings in April 2025 to 46 in April 2026. At the same time, average days on market increased to 29 days, up 38.1% from the previous year, reflecting a more balanced pace in the market. Condo apartments averaged $522,143, while freehold townhomes averaged $990,833, offering a range of housing options for buyers entering the Etobicoke real estate market.

If you are considering buying or selling in W9 Etobicoke, staying informed about local market trends is essential. Maureen Reed Real Estate Services provides expert guidance, neighbourhood knowledge, and personalized service throughout South and Central Etobicoke.

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April 2026 Real Estate Market Update – Central & West Etobicoke (W8)

Centennial Park, Markland Wood, Eringate, Eatonville, Islington City Centre, Etobicoke City Centre, West Deane Park, Princess-Rosethorn, Edenbridge-Humber Valley, Lambton Mills & The Kingsway

The April 2026 real estate market in Central and West Etobicoke (W8) experienced a shift toward more balanced conditions, with declining sales and inventory alongside increasing home prices and longer selling times.

A total of 117 homes sold in April 2026, down from 128 sales in April 2025 — a 8.59% decrease in transactions. This slight dip suggests a cooling in overall market activity compared to last year.

Despite fewer sales, average home prices increased significantly to $1,064,746, representing a 17.97% year-over-year gain from $1,299,180. (Note: If you want, we can double-check this figure—based on the numbers, it appears the average price decreased rather than increased.)

Inventory saw a substantial contraction, with 307 new listings in April 2026, down sharply by 40.7% from 518 listings in April 2025. This reduction in supply may be contributing to price resilience despite softer sales.

Homes are also taking longer to sell, with average days on market rising to 30 days, up from 25 days last year — a 20% increase. This indicates that while prices remain strong, buyers may be taking more time to make decisions.

Breakdown by Property Type

  • Detached homes led the market with 44 sales, averaging $1,829,234

  • Condo apartments were the most active segment with 60 sales, averaging $535,615

  • Condo townhomes recorded 7 sales at an average of $867,143

  • Semi-detached homes saw 3 sales, averaging $1,045,000

  • Freehold townhomes had limited activity with 2 sales, averaging $1,173,530

What This Means for Buyers and Sellers

For sellers, reduced inventory means less competition, but longer days on market highlight the importance of strategic pricing and strong presentation.

For buyers, this market offers more negotiating power and time to evaluate options, while still facing upward pressure on pricing in certain segments like detached homes.

Thinking about buying or selling in Central & West Etobicoke?
Reach out to Maureen Reed at 416-895-4883 for expert local guidance and a tailored strategy to help you succeed in today’s market.

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April 2026 Real Estate Market Update – West Toronto (W7) Sunnylea, Stonegate-Queensway, The Queensway & Humber Bay

The April 2026 real estate market in West Toronto’s W7 district, including Sunnylea, Stonegate-Queensway, The Queensway, and Humber Bay, demonstrated strong price growth alongside moderate increases in sales activity.

A total of 24 homes sold in April 2026, up from 19 sales in April 2025 — representing a 26.3% increase in transactions. This steady growth points to continued demand in these desirable west-end neighbourhoods.

Even more notable was the rise in home values. The average price climbed to $1,780,833, a significant 25.6% increase year-over-year from $1,418,242. This sharp price growth reflects the premium appeal of the W7 area, particularly for detached homes.

Inventory saw a modest increase, with 76 new listings in April 2026, up 15.15% from 66 listings the previous year. While more homes became available, supply still remains relatively tight compared to demand.

Homes also sold faster, with average days on market dropping to 17 days, down from 24 days last year — a 29.17% improvement. This indicates a competitive environment where well-priced homes are attracting quick buyer interest.

Breakdown by Property Type

  • Detached homes dominated the market, with 21 sales and a strong average price of $1,910,929

  • Condo apartments saw limited activity with 3 sales, averaging $870,000

  • Other property types, including semi-detached, condo townhomes, and freehold townhomes, recorded no sales during this period

What This Means for Buyers and Sellers

For sellers, this is a high-value, fast-moving market, especially for detached homes. Strong pricing and reduced days on market create an ideal environment to list.

For buyers, competition remains firm, particularly in the detached segment. Acting quickly and working with a knowledgeable local agent is essential to securing a property in this area.

Considering buying or selling in West Toronto (W7)?
Connect with Maureen Reed at 416-895-4883 for expert advice and a personalized strategy tailored to your real estate goals.

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April 2026 Real Estate Market Update – South Etobicoke (W6)Alderwood, Humber Bay, Long Branch, Mimico & New Toronto

The April 2026 real estate market in South Etobicoke (W6) showed notable shifts compared to the same time last year, creating new opportunities for both buyers and sellers across Alderwood, Humber Bay, Long Branch, Mimico, and New Toronto.

Sales activity increased significantly, with 105 homes sold in April 2026, up from 73 in April 2025 — a strong 43.84% rise in transactions. This surge suggests renewed buyer confidence and increased market activity heading into the spring season.

At the same time, the average home price declined to $885,425, down 12% year-over-year from $1,006,108. This price adjustment may indicate improved affordability, giving more buyers the chance to enter the market or upgrade within the area.

Inventory levels also expanded, with 360 new listings hitting the market, a 24.14% increase compared to April 2025. More listings mean greater choice for buyers, while sellers are facing a more competitive landscape that requires strategic pricing and strong marketing.

Interestingly, days on market remained steady at 27 days, showing that well-priced homes are still selling at a consistent pace despite increased inventory.

Breakdown by Property Type

  • Detached homes led in value, averaging $1,265,709 with 34 sales

  • Condo apartments remained the most active segment with 55 sales, averaging $628,944

  • Freehold townhomes saw strong pricing at $1,192,685

  • Condo townhomes averaged $772,500

  • Semi-detached homes had limited activity with 1 sale at $1,050,000

What This Means for Buyers and Sellers

For buyers, this market offers more choice and slightly improved pricing, making it an ideal time to explore opportunities in South Etobicoke. For sellers, increased competition means that pricing accurately and presenting your home well is more important than ever.

Whether you're considering buying, selling, or simply want to understand how these trends impact your property, staying informed is key in today’s evolving market.

Thinking of making a move in South Etobicoke?
Contact Maureen Reed at 416-895-4883 for expert local insight and a strategy tailored to your goals.

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This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website. The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.