GTA Housing Market, March 2026: What the Numbers Say

Sales were up 1.7% year-over-year (5,039 homes sold), but average price slipped 6.7% to $1,017,796. New listings dropped sharply — down 16.7% to just 14,442 — while active listings sit at 21,596.

The headline:

More buyers, fewer choices. That's the March story.

By home type:

• Detached: 1,422 sales, avg $1,342,375 (-6.4% YoY) • Semi-detached: 371 sales, avg $739,365 (-8.3%) • Townhouse: 442 sales, avg $1,008,246 (-6.1%) • Condo: 2,235 sales, avg $620,479 (-8.0%)

What this means:

Buyers still have negotiating room, especially in the condo and townhouse segments. But with new listings down 16.7%, that leverage could shrink as we move into spring. The supply pipeline is tightening — TRREB's CEO even warned about the risk of running dry.

Source: TRREB Market Watch, March 2026