April delivered another step toward a more active spring market across the Greater Toronto Area. Home sales increased year-over-year while the supply of new listings declined, tightening overall market conditions compared to last year. Buyers still benefited from negotiating power and improved affordability, but signs of increased competition began emerging in certain neighbourhoods and price points.

GTA Market Insights

GTA REALTORS® reported 5,946 home sales in April 2026, up 7% compared to April 2025. Meanwhile, new listings declined to 17,097 (↓ 9.3% year-over-year), contributing to tighter market conditions across the region.

The average selling price came in at $1,051,969, down 4.9% annually, while the MLS® HPI Composite benchmark declined…

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