Sunday, April 19, 2026 / by Shiela Balanay
Ontario MLS® Home Sales Underperform Historical Norms in March as Inventory Remains Elevated


Residential sales activity reported through Ontario’s MLS® Systems reached a total of 29,529 units over the first three months of the year. This represents a 7.3% decline compared to the same period in 2025, suggesting that homebuyer demand has remained relatively quiet through the end of the first quarter. During this same period, the comprehensive year-to-date average price was recorded at $799,750, which reflects a moderate decrease of 5.3% from the first three months of last year. As inventory levels remain high, the market continues to offer more selection for buyers, contributing to the ongoing trend of subdued sales activity relative to long-term historical averages.

