Our Real Estate Update March 2026


Overall, while March delivered a seasonal lift in both prices and sales activity, the Greater Toronto Area housing market remains firmly influenced by elevated inventory levels and below average demand. The gap between supply and absorption continues to weigh on pricing, particularly across higher density segments. While improved affordability and lower borrowing costs are beginning to support buyer activity at the margins, a more meaningful recovery in sales will likely depend on a sustained improvement in consumer confidence. Until then, the market is expected to remain well supplied, with pricing trends stabilizing rather than accelerating as we move further into the spring market. More details on the March 2026 monthly figures and the latest Royal LePage Market Update Report can be found in this month’s edition of our Real Estate Facts & Figures.