Visual Summary March 2026 Market Snapshot
Market Commentary What the Numbers Mean
GTA REALTORS® reported 5,039 home sales through TRREB’s MLS® System in March 2026 — an increase of 1.7% compared to March 2025. New listings entered into MLS® amounted to 14,442, down 16.7% year-over-year. Market conditions tightened relative to last year, with sales rising while supply pulled back — a positive signal heading into the spring market.
The MLS® Home Price Index (HPI) Composite benchmark was down 7.4% year-over-year in March 2026. The average selling price came in at $1,017,796, representing a 6.7% decrease compared to March 2025. On a month-over-month seasonally adjusted basis, selling prices remained relatively flat compared to February 2026, suggesting prices may be finding a floor.
By home type, detached homes recorded 2,235 total sales with an average price of $1,342,375 (down 6.4% YoY). Semi-detached homes saw 442 sales at an average of $1,008,246 (down 8.0%). Att/Row/Townhouses totalled 505 sales at $931,740 (down 1.9%), while condo apartments accounted for 1,422 sales at an average of $620,479 (down 9.6%).
Buyers continued to benefit from substantial negotiating power on price across all major market segments. However, if conditions continue to tighten — as they did in March — selling prices could start levelling off as we move through the remainder of 2026. Positive news on trade and geopolitical issues would further improve consumer confidence and home sales in the months ahead.
At Landpower, our team continues to support clients across Markham, Richmond Hill, Thornhill, Vaughan, and throughout the GTA. Whether you’re ready to list, evaluating your options, or simply staying informed — we’re here to guide you through every step.