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 $934,600 and an average price of $1,003,956. Total sales reached 5,995, while new listings amounted to 14,484, indicating a balanced market condition.

Market Analysis

The Toronto real estate market remains balanced as of July 2026, with a months of inventory (MOI) at 4.4, slightly up from 4.0 in June. The total sales decreased from 6,770 in June to 5,995, reflecting a seasonal slowdown typical for the summer months. Despite the decline in sales, the increase in active listings to 26,098 suggests that supply is keeping pace with demand, contributing to the stability in the market.

Property Type Analysis

While specific benchmark prices and sales data for property types are not available, the overall market dynamics indicate that the demand for various property types remains steady. The balanced market condition suggests that buyers have a range of options across different property types, including detached homes, townhouses, and apartments, as they navigate their purchasing decisions.

Regional Highlights

Regionally, the Toronto market shows signs of resilience, with new listings significantly outpacing sales. The 14,484 new listings in July indicate that sellers are actively entering the market, which could provide more choices for prospective buyers. The year-over-year price change of -4.6% signals a cooling trend, but the current pricing levels still reflect a robust market compared to historical standards.

For Buyers

For buyers, the current balanced market presents an opportunity to negotiate better terms and prices. With a variety of listings available and a slight decrease in average prices, buyers are encouraged to conduct thorough research and consider their options carefully before making a purchase.

For Sellers

Sellers should remain mindful of the increasing inventory levels and the slight decline in prices. To attract potential buyers, it is advisable to price properties competitively and ensure homes are well-presented. Engaging with a knowledgeable real estate professional can provide valuable insights into current market trends and pricing strategies.