Miguel A Fernandez Morales, LLB, MBA

Miguel A Fernandez Morales, LLB, MBA

Real Estate Broker of Record / Founder / President

Real Estate Advisors Inc., Brokerage*

Mobile:
647-894-0553
Office:
416-691-3000
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Real Estate Market April 2026

Written by Miguel Fernandez Morales | Published on May 5, 2026

By Miguel Fernández | Real Estate Broker & Mortgage Agent | Real Estate Advisors Inc., Brokerage

With over 17 years of experience in Ontario real estate, I work with buyers and sellers across Barrie and the Greater Toronto Area — helping them make informed decisions based on real market data, not guesswork. Every month I review the latest numbers so my clients know exactly where the market stands and what it means for them.

Here is what April 2026 is telling us

The April 2026 numbers confirm what many were already feeling on the ground: more buyers are active, and fewer properties are available. That shift matters if you've been sitting on the sidelines waiting for the right moment.

According to the Toronto Regional Real Estate Board (TRREB), there were 5,946 home sales in April — up 7% compared to April 2025. At the same time, new listings dropped 9.3%, with only 17,097 properties entering the MLS system.

The average selling price came in at $1,051,969, down 4.9% from April 2025. The MLS Home Price Index (HPI) Composite benchmark was down 6.6% year-over-year. Prices are still below where they were a year ago, but month-over-month the market is beginning to stabilize.

By property type across the GTA: detached homes averaged $1,372,688, townhouses $839,509, and condo apartments $635,653.

For buyers looking outside the core, South Simcoe County — which includes Barrie — recorded a 7.20% benchmark decline year-over-year. That makes this area one of the most accessible entry points in the broader TRREB region, and still a strong option for families relocating from Toronto or the GTA.

What does this mean practically? Prices remain historically favorable, but inventory is shrinking. When those two factors converge, negotiating power shifts toward sellers. The window is narrowing, not widening.

As both a real estate broker and a licensed mortgage agent, I can help you evaluate not just the property — but whether the financing makes sense for your situation. That combination is something most agents cannot offer.

If you're thinking about buying in Barrie or the GTA and want to understand what your budget gets you right now, contact me directly for a no-obligation conversation.

Contact: 647-985-0348 | miguel@yourfamilyrealtor.ca