TORONTO REAL ESTATE MARCH 2026: Year-over-Year results
Source: Toronto Regional Real Estate Board
The Greater Toronto Area housing market in March 2026 indicated both uncertainty and opportunity. Ongoing global and economic events continue to keep buyers waiting and watching. Wondering how it is going to affect ----as to what is going on locally with regard to real estate. Concerns about the rising cost of living, and overall economic uncertainty have prospective buyers sitting on the fence.
The Toronto Regional Real Estate Board reported that 5,039 homes were sold through the MLS® System in March 2026, which is a 1.7% increase compared to March 2025. However, new listings totaled 14,442, marking a 16.7% decline year-over-year.
Recent announcements from the federal and provincial governments regarding HST and development charge relief are affordability initiatives to stimulate new home construction and sales activity. The hope is that the builders will pass these savings on to buyers. There are signs of pent-up demand, as some buyers are actively researching the market, leading to increased inquiries and hopefully a gradual rise in offer activity. As we move into the spring market, this trend is expected to continue.
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