Home sales edged higher – 5,039 homes sold across the GTA, up 1.7% compared to March 2025.

New listings declined – 14,442 properties came to market, down 16.7% year over year.

Selling prices softened – with both benchmark and average prices down compared to last year, improving affordability as we move into spring.

The Big Picture - the spring market is gaining momentum—but with a twist. Fewer listings combined with rising sales are tightening conditions across the GTA. At the same time, lower prices are creating a rare window of improved affordability, bringing more buyers back into the market.

As confidence builds, we’re starting to see early signs of a shift—one that could lead to more balanced, and potentially firmer, pricing as the year progresses.

What does this mean for you?

• Sellers: With inventory down and buyer activity picking up, the market is quietly becoming more competitive. Strategic pricing and standout presentation are key to capturing attention—and maximizing your result while conditions begin to tighten.

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  Buyers: You’re still in a position of strength. Prices remain below last year’s levels, and negotiating power is on your side. But with activity increasing and supply limited, acting decisively will be key to securing the right opportunity.