dutton+co

🏡 Toronto Housing Market Update | April 2026

Spring 2026 is showing improvement, but mainly in freehold homes. Months of Inventory (this stat is used to understand total supply) has tightened each of the last three months, sales are picking up, and prices are edging higher. But context matters, and we’re still below historical trends for price and overall sales. Active listings and MOI are still elevated, historically.

Three interesting takeaways:

1. Semis are leading the charge and attracting a fair amount of buyers, while detached homes at higher price points are sitting for longer. It’s all about affordability and getting into a freehold home.

2. The market is very fragmented. It’s no longer the case that every home in prime neighbourhoods is selling. Certain homes in certain prime neighbourhoods are doing well, while others are missing on offer nights.

3. Oh yes, offer nights are back for well-priced, well-presented homes under $2M

The other side of the coin is the condo market, which is a whole different story. Inventory is building, sales are weak, and absorption is slow. This is a demand-constrained segment. Condos are selling, first-time buyers are taking advantage, and investors have disappeared on the buy side, while they are actively trying to unload condos on the sell side. Main takeaway is that if you are considering buying a condo, 2026 might be a great time to do just that. You need to be cognizant and have a minimum 5-year time horizon for the condo, but there are great deals to be had for those in a position to act.

Big congratulations to our clients on their new home in Birch Cliff 🏡

A quiet street and a backyard made for summer evenings by the lake. We’re so excited for this next chapter!

Open House This Weekend!

📅 Saturday + Sunday
🕑 2–4 pm

This Victorian semi has been fully reimagined with permits in 2023, blending 19th-century character with modern comfort. Think soaring ceilings, a dug-down basement, a third-floor primary retreat with 10-foot ceilings, and thoughtful details throughout.

Located just north of Queen, you’re steps from Riverside’s restaurants, shops, parks, and transit, yet tucked on a quiet, tree-lined street.