The GTA Real Estate Market Watch March 2026 showed the expected seasonal recovery. While sales volume rose and inventory levels pulled back, prices remained stagnant. The market is increasingly active, but it’s still too early to call it a full reversal.
GTA Real Estate Market Watch March 2026 Data
📉Sales Volume: Breaking a 3-Year Downward Trend
Looking at the sales data from 2019 to 2026 reveals a stark reality: current transaction volumes are at historical lows. Compared to the March 2021 peak of over 15,000 sales, March 2026 saw only about 5,039 transactions—less than one-third of the peak.
Despite continuous population growth and a surge in immigration, year-over-year sales have been retreating since 2023. However, this downward momentum was finally broken in March 2026. Sales not only rose significantly compared to February but also achieved a small year-over-year gain of +1.7%. This suggests that the inertia of decline is loosening, and buyers are beginning to move.
🏠Supply Dynamics: Resilience Behind 14,000 New Listings
There were over 14,000 new listings in March, a sharp 17% decrease from the same period last year. This indicates that sellers remain resilient and are not rushing into “panic selling.”
Active listings in March stood at 21,600 units, down 8.0% year-over-year. With fewer new listings and rising sales, inventory dropped from 5.0 months in February to 4.3 months in March. While it remains a buyer’s market, the leverage held by buyers is gradually weakening.t a loss.
⏱️47 Days on Market: Market Stagnation is Easing
Another dimension confirms this shift: the average Days on Market (DOM) was 47 days in March. While this is longer than the 37 days recorded last March, it is a notable improvement from the 54 days in February. Houses are still challenging to sell, but the degree of difficulty is easing.
💰$1.02M Average Price: Prices Remain in a Low-Level Flux
Increased sales do not yet equate to a full recovery of buyer confidence. The average home price in March was approximately $1.02 million. Although this represents a slight month-over-month increase of less than 1%, it remains 6.7% lower than the same time last year. The market is still in a phase of low-level vibration.
💡One Truth for End-Users
Once sales volume picks up, a recovery in prices is usually not far behind. Rising sales, declining inventory, and shorter days on market are all leading indicators of a market takeoff. For end-users, the priority isn’t “buying at the absolute bottom,” but rather finding the right home for your family without being rushed or forced into compromises.
Once the market heats up, you’ll pay more than just a higher price—you’ll have to compromise on location, layout, and school districts. Now is likely the final window where you can still browse calmly and negotiate firmly.
📍 I am Pris Han, the GTA Realtor for all your first-time needs.
Published on: 2025-04-14
Read More:
GTA Real Estate Market Watch February 2026
GTA Real Estate Market Watch January 2026
GTA Real Estate Market Watch December 2025
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