GTA & Ontario Housing Market Report — March 2026
HOMEH Publishing Department
Author Mar 15, 2026 4 min read
The average home across the Greater Toronto Area sold for $1,017,796 in March 2026, down -6.7% from a year earlier. The numbers point to a buyer's market.
Key takeaways- The GTA is in a buyer's market right now.
- The average GTA home sold for $1,017,796, down -6.7% year-over-year.
- Across Ontario, the average price was $811,868 (-4.8% YoY).
- Homes took about 47 days to sell, with a sales-to-new-listings ratio of 35%.
The Greater Toronto Area at a glance
In March 2026, GTA buyers completed 5,039 sales while sellers added 14,442 new listings. The sales-to-new-listings ratio sat at 35%, and homes took about 47 days to sell. You can browse what is on the market right now on the HOMEH listings page.
What this means for you
The price trend over time
Over the period shown, the benchmark GTA home moved from about $567,000 to $941,800 — a change of roughly +66%. Use the HOMEH Market Watch page to track this month to month.
Ontario by region
Ontario MLS® home sales continue to underperform historical norms as inventory remains elevated in March
| Region | Sales | Sales YoY | Avg price | Price YoY |
|---|---|---|---|---|
| Central | 5,395 | +1.9% | $1,026,449 | -6.6% |
| Southern | 2,069 | -1.6% | $740,468 | -5.3% |
| Western | 1,661 | +7.8% | $583,442 | -1.0% |
| Eastern | 1,631 | -4.3% | $631,923 | -1.8% |
| Northeastern | 1,178 | -5.2% | $696,234 | -6.9% |
| Northern | 490 | -12.3% | $402,042 | +2.4% |
The strongest price growth was in Northern (+2.4% year-over-year), while Northeastern was the softest (-6.9%). Province-wide, the average Ontario home sold for $811,868, down -4.8% from last year.
Home prices by type
Detached and single-family homes carry the highest benchmark prices, while condo apartments remain the most accessible entry point. If you are weighing options, the HOMEH affordability calculator shows what each type means for your budget.
The condo market
Condo figures reflect the latest reported quarter (Q4 2025). Explore current condos for sale on the HOMEH Toronto condos page.
Frequently asked questions
Is it a buyer's or seller's market in the GTA right now?
What is the average home price in the GTA?
Are home prices going up or down?
Where can I see current listings and what I could save?
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