Market Insights

From Storeys.com – The GTA housing market logged a mixed April, with home sales rising 7% year-over-year as new listings pulled back — a combination that suggests tighter conditions are beginning to take hold this spring.

Average prices dipped again, but early signs of month-over-month stabilization may give fence-sitters something to think about.

From RENX.ca – reater Toronto Area (GTA) multifamily sales got off to a rousing start this year, as transaction volume rose to $569 million across 20 trades in the first quarter, a 228.7 per cent year-over-year increase. The number of units sold increased to 1,934, up 248.5 per cent.

From Altus Group – Based on data from Altus Data Studio, the Greater Toronto Area (GTA) commercial real estate market recorded a modest 3% decrease year-over-year in investment volume, with $3.8 billion. This slow growth was largely attributed to a notable pullback in retail investment activity, a direct result of limited available inventory in high-demand, popular retail corridors. Beyond supply constraints, market performance was further influenced by a cautious investor sentiment.

From Urban Toronto – Twelve development applications and planning decisions were adopted or advanced by Toronto City Council in April, 2026, ranging from small-scale infill to multi-phase communities. The approvals greenlight over 3,500 new residential units, with a strong emphasis on purpose-built rental housing, accounting for 1,640 units, including at least 18 affordable rental homes and multiple projects tied to existing rental sites with tenant protections and upgrades. Several mid-rise and low-rise proposals contribute to incremental intensification across established neighbourhoods, while larger approvals highlight ongoing efforts to deliver complete communities with new streets, parkland, and public infrastructure. One application was refused. All the numbers are detailed below.

From RENX.ca – Toronto private investment firm High Art Capital has launched its GTA Rental and Affordable Housing Initiative, a fund expected to be capitalized with a minimum of $1.3 billion to acquire blocks of new, unsold condominiums across the Greater Toronto Area for conversion into long-term rental housing.

From RENX.ca – Over the past two decades, condominium development has dominated Toronto’s housing landscape. It shaped our skyline, fuelled growth and, particularly in the last decade, became the city’s de facto rental supply through an investor-driven, shadow rental market.