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 $965,300, with an average price of $889,639. Total sales decreased to 46, while new listings rose to 89, indicating a stable yet competitive market environment.

Market Analysis

The Toronto real estate market remains balanced as of July 2026, with a months of inventory (MOI) at 4.2, slightly down from 4.3 in June. The sales-to-new-listings ratio (SNLR) stands at 51.7%, suggesting that demand is keeping pace with supply, although total sales have decreased from 50 in June to 46 this month. The average price has also seen a decline of 8.9% year-over-year, reflecting adjustments in buyer sentiment and market conditions.

Property Type Analysis

Currently, detailed metrics for specific property types such as detached homes, attached/townhouses, and apartments are unavailable. However, the overall market dynamics indicate a balanced environment, which may suggest that buyers are exploring various property types as they adapt to changing price points and inventory levels.

Regional Highlights

The increase in new listings to 89 this month, compared to 50 sales, indicates a healthy influx of properties entering the market, which may provide buyers with more options. Active listings have decreased slightly from 214 in June to 195 in July, suggesting that while new inventory is being added, some properties are being absorbed by the market.

For Buyers

For prospective buyers, the current balanced market presents an opportunity to negotiate more favorable terms. With a variety of new listings available, buyers should conduct thorough research and consider their options carefully to find properties that meet their needs without rushing into decisions.

For Sellers

Sellers should be mindful of the current market conditions and the year-over-year price decline of 8.9%. Pricing properties competitively and ensuring they are well-presented can attract buyers in a balanced market, where inventory levels are stable but demand is not excessively high.