March 2026 Market Watch


Generic cover for the Market Watch.Greater Toronto Area (GTA) resale housing market conditions tightened in March 2026 in comparison to last year. Sales were up year-over-year, while new listings were down. Selling prices were lower compared to March 2025 helping with affordability moving into the spring market.


GTA REALTORS® reported 5,039 home sales through TRREB’s MLS® System in March 2026 – an increase of 1.7 per cent compared to March 2025. New listings entered into the MLS® System amounted to 14,442 – down by 16.7 per cent year-over-year.

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 The average selling price, at $1,017,796, was down by 6.7 per cent compared to March 2025.

On a month-over-month seasonally adjusted basis selling prices remained relatively flat, with the MLS® HPI Composite edging down and the average selling price edging up compared to February 2026.


Toronto Mortgage Rates

As of April 13, 2026 at 12:32 PM ET
WOWASimply Know Your Options
Lowest Mortgage Rates in Toronto
As of April 13, 2026
Term
6-Month Fixed
3.14%
6.09%
1-Year Fixed
4.69%
4.74%Inquire
2-Year Fixed
4.24%
4.24%
3-Year Fixed
3.89%
3.89%
4-Year Fixed
4.09%
4.19%
5-Year Fixed
3.75%
3.75%
3-Year Variable
3.55%
3.60%
5-Year Variable
3.30%
3.40%


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