Toronto Regional Real Estate Board Reports Balanced Market in July 2026

Toronto Regional Real Estate Board — July 2026

In July 2026, the Toronto Regional Real Estate Board reports a composite benchmark price of $1,138,900, reflecting a 4.6% decrease year-over-year. Total sales for the month reached 62, with new listings at 163 and active listings totaling 301.

Market Analysis

The Toronto real estate market remains balanced as of July 2026, with a months of inventory (MOI) at 4.9, indicating a stable supply relative to demand. The sales-to-new-listings ratio (SNLR) stands at 38.0%, suggesting that while demand is present, it is not strong enough to drive significant price increases. Compared to June 2026, total sales have decreased from 76, while active listings have increased slightly from 290, indicating a modest uptick in supply amidst declining sales activity.

Property Type Analysis

Currently, detailed data on property types is not available; however, the overall market dynamics suggest that detached homes may continue to face pressure from rising inventory levels. The attached and apartment segments may experience varied demand, influenced by buyer preferences shifting towards more affordable options in a balanced market.

Regional Highlights

Regionally, the Toronto area shows signs of stabilization, with the composite benchmark price increasing slightly from $1,134,300 in June 2026. This trend may indicate a potential leveling off after previous fluctuations, as buyers and sellers adjust to current market conditions. The increase in active listings could provide more options for prospective buyers, which may further influence pricing strategies in the coming months.

For Buyers

For buyers, this is a favorable time to enter the market, given the balanced conditions and increased inventory levels. With a variety of options available, buyers are encouraged to conduct thorough research and consider their long-term needs, as well as negotiate effectively to secure favorable terms.

For Sellers

Sellers should remain realistic about pricing in the current market environment, where a slight decrease in prices year-over-year has been observed. It is advisable to present properties in optimal condition and to be prepared for negotiations, as the increased inventory may lead to more competition among listings.