Listings keep accumulating — putting Toronto at the top of the nation's list for most homes hitting the market — while sales are diminishing to rock bottom levels not seen in decades. Last month saw 23.3 per cent fewer homes changing hands across the Toronto area than in April of 2024, making for the worst non-pandemic April for sales in 29 years. TRREB also notes that April sales were up from March, which follows the regular seasonal trends of the market, before providing a bit of hope for stakeholders. "Following the recent federal election, many households across the GTA are closely monitoring the evolution of our trade relationship with the U.S. But this cautious optimism that realtors have held for some months in the face of a prolonged downturn is not shared by all.