Hello! Here are the April 2026 real estate market stats
Mississauga and GTA real estate market in April 2026 picked up pace in comparison to the same time a year ago.
Number of sales was 7.0% higher than a year ago.
The average home price was lower by 4.9%!! than a year ago.
Sales were mixed depending on a category.
The biggest decrease in sales (-6.0%!) was in semi-detached category in 416 area.
The biggest increase in sales (+14.4%!) was in condo apartment category in 416 area.
Please have a look below
Source: Market Watch, TRREB
The average house price was down by 4.9% comparing to April of last year, and in terms of dollars, it was $54,536 lower!!!.
The average house price, comparing to the previous month in terms of dollars went up by $34,173!
Please have a look below.
Source: Market Watch, TRREB
Summary
- The GTA real estate market got more active in April 2026.
- The average house price was over $54,000 lower in April 2026 than a year ago, but also over $34,000 higher comparing to the previous month.
- On April 29th Bank of Canada held key interest rate at 2.25%. Most of the discounted mortgage interest rates remained unchanged.
~ T h i s M o n t h ~
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Mississauga & GTA Real Estate Market Watch
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Current Interest Rates
GTA Realtors® Release April 2026 Stats
TORONTO, ONTARIO, May 5, 2026 – Home sales increased on a year-over-year basis in April 2026, while the supply of listings trended lower. This suggests that overall market conditions in the Greater Toronto Area (GTA) tightened during the first full month of spring. Despite tighter market conditions, selling prices edged lower on average compared to last year, as buyers continued to benefit from ample choice and negotiating power.
“We have experienced an uptick in home buying activity so far this spring. Buyers have taken advantage of more affordable housing market conditions on the back of lower home prices. If market conditions continue to tighten and home prices level off, this could be a signal to intending homebuyers who remain on the sidelines,” said TRREB President Daniel Steinfeld.
“Lower home prices and borrowing costs over the past year have been a catalyst for some homebuyers this spring. However, we still have a substantial amount of pent-up demand in the marketplace. More certainty on the trade front and an easing in geopolitical tensions would result in further improvements in market activity,” said TRREB’s Chief Information Officer Jason Mercer.
GTA REALTORS® reported 5,946 home sales through TRREB’s MLS® System in April 2026 – an increase of seven per cent compared to April 2025. New listings entered into the MLS® System amounted to 17,097– down by 9.3 per cent yearover-year.
On a seasonally adjusted basis, April 2026 home sales and new listings were up month-over-month compared to March 2026. Sales were up by a greater monthly rate than new listings, potentially suggesting more competition between buyers in some neighbourhoods.
The MLS® Home Price Index (MLS® HPI) Composite benchmark was down by 6.6 per cent year-over-year in April 2026. The average selling price, at $1,051,969, was down by 4.9 per cent compared to April 2025.
On a month-over-month seasonally adjusted basis the average selling price edged up compared to March 2026. The MLS® HPI Composite was flat over the same period.
“We recently released a major new housing policy report, ‘Removing Roadblocks: Tackling Municipal Barriers to Housing Supply and Affordability in Ontario,’ outlining the next phase of provincial housing policy reforms needed to build more of the right types of homes and improve affordability for Ontarians. While historic progress has been made, we must continue the work of removing the decades of legislative and regulatory red tape, outdated local rules, and rising municipal costs that are blocking new housing in Ontario. “This report is a roadmap for cutting red tape and unlocking new housing supply,” said TRREB CEO John DiMichele.
Source: Market Watch, TRREB
Mississauga & GTA Home Sales
April 2025 - April 2026 Comparison
Average house price was down by $54,536, number of sales was up by 390 units, time to sell a house was 6 days longer.
Mississauga & GTA Home Sales
March 2026 - April 2026 Comparison
Average house price was higher by $34,173, number of house sales was higher by 907 units, time to sell was 4 days shorter.
Current Interest Rates
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Rates quoted by Invis Canada are subject to change up↑ or down↓ without notice.
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Quote of the Month He who loses wealth loses much; he who loses a friend loses more; but he that loses his courage loses all. ~ Miguel De Cervantes ~ |
Sales and Average Price Up in Calendar Year 2013
January 6, 2014 – Greater Toronto Area REALTORS® reported 4,078 residential
transactions through the TorontoMLS system in December 2013 – up by almost 14 per cent
compared to 3,582 sales reported in December 2012. New listings entered into the
TorontoMLS system were down by almost four per cent over the same period.
Total sales for calendar year 2013, at 87,111, were up by approximately two per cent
compared to 85,496 transactions in calendar year 2012.
“After a slow start to the year, sales growth accelerated to a brisk pace in the second half
of 2013. Despite the inclement weather in December, we finished the year with a
respectable gain in transactions compared to 2012. Looking forward, I believe that home
ownership in the GTA will remain affordable as borrowing costs stay low. The result could
be a further increase in sales in 2014,” said Toronto Real Estate Board President Dianne
Usher.
“The average selling price will be up again in 2014 and by more than the rate of inflation.
The seller’s market conditions that drove price growth in the second half of 2013 will
remain in place in many parts of the GTA. Some neighbourhoods, especially those
characterized by low-rise home types like singles, semis and townhomes, will continue to
have less than two months of inventory,” said Jason Mercer, TREB’s Senior Manager of
Market Analysis.
The average selling price for December 2013 sales was $520,398 – up by 8.9 per cent
compared to the average of $477,756 in December 2012.
The average selling price for 2013 as a whole was $523,036, which represented an increase
of 5.2 per cent compared to the calendar year 2012 average of $497,130.