➕ The Numbers for March are in! ➕
Toronto’s housing market showed early signs of tightening in March, with sales up slightly year-over-year while new listings declined more notably. As we move into the spring market, some buyers are beginning to re-engage, supported by improved affordability.
Prices remained lower across most home types compared to last year, reflecting a market where buyers continue to be cautious and value-driven. While activity has picked up, overall momentum remains measured. With new listings declining more sharply than sales, the gap between supply and demand may be narrowing slightly.
Buyers continue to benefit from negotiating power, particularly in segments where prices have adjusted the most. If these conditions persist, prices may begin to stabilize through the spring.
For buyers, today’s conditions continue to create opportunities that were difficult to find in past peak years.
For sellers, success remains tied to strategic pricing and strong presentation.
Looking ahead, confidence will be shaped by interest rates and broader economic conditions. For now, Toronto remains a market where preparation and strategy are key.
Average Toronto home prices by property type in March:
➕Detached $1,613,066 [-6% vs. 2025]
➕Semi-detached $1,231,967 [-8% vs. 2025]
➕Townhouse $959,513 [-2% vs. 2025]
➕Condo $648,287 [-10% vs. 2025]
If you’re thinking about making a move this year, let’s talk strategy.
••••••
Data presented is for the City of Toronto only. Source: TRREB.
Toronto’s housing market showed early signs of tightening in March, with sales up slightly year-over-year while new listings declined more notably. As we move into the spring market, some buyers are beginning to re-engage, supported by improved affordability.
Prices remained lower across most home types compared to last year, reflecting a market where buyers continue to be cautious and value-driven. While activity has picked up, overall momentum remains measured. With new listings declining more sharply than sales, the gap between supply and demand may be narrowing slightly.
Buyers continue to benefit from negotiating power, particularly in segments where prices have adjusted the most. If these conditions persist, prices may begin to stabilize through the spring.
For buyers, today’s conditions continue to create opportunities that were difficult to find in past peak years.
For sellers, success remains tied to strategic pricing and strong presentation.
Looking ahead, confidence will be shaped by interest rates and broader economic conditions. For now, Toronto remains a market where preparation and strategy are key.
Average Toronto home prices by property type in March:
➕Detached $1,613,066 [-6% vs. 2025]
➕Semi-detached $1,231,967 [-8% vs. 2025]
➕Townhouse $959,513 [-2% vs. 2025]
➕Condo $648,287 [-10% vs. 2025]
If you’re thinking about making a move this year, let’s talk strategy.
••••••
Data presented is for the City of Toronto only. Source: TRREB.
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