05/12/2026
π GTA Home Sales Rise in April 2026
The Toronto housing market is showing signs of improvement as home sales increased 7% year-over-year while new listings declined by more than 9%, tightening market conditions across the GTA. π‘
Buyers are taking advantage of lower prices, improved affordability, and strong negotiating power β especially in the condo market. While sales remain below historical averages, growing demand could lead to price stabilization later in 2026.
π If market tightening continues, competition among buyers may increase heading into 2027.