A seasonal rebound is underway, with 5,039 transactions in March 2026, marking a 30.3% increase from February.
New listings dropped by 16.7% year-over-year, which is beginning to tighten the supply of low-rise homes. TORONTO REAL ESTATE
While the Bank of Canada has moved into an easing phase, with the lowest variable rates around 3.3%, the full impact on affordability is expected to take up to 18 months to materialize. A seasonal rebound is underway, with 5,039 transactions