05/05/2026
Greater Toronto Area housing market for April 2026, highlighting a notable shift toward tighter market conditions. While home sales increased by seven percent compared to the previous year, the supply of new listings dropped, creating more competition among active buyers. Interestingly, average selling prices declined year-over-year to approximately $1.05 million, offering some relief and negotiating power to those entering the market. Economic factors such as borrowing costs and inflation rates are identified as key influences on current purchasing trends and consumer confidence.