Toronto Regional Real Estate Board Reports June 2026 Market Trends: Prices Decline Amid Seller's Market

Toronto Regional Real Estate Board — June 2026

In June 2026, the Toronto Regional Real Estate Board reports a composite benchmark price of $871,400 and an average price of $1,149,952. Total sales reached 279, with new listings at 554, indicating a competitive market for sellers.

Market Analysis

The Toronto real estate market in June 2026 continues to exhibit characteristics of a seller's market, with a months of inventory (MOI) at 2.9, suggesting a tight supply relative to demand. The sales-to-new-listings ratio (SNLR) stands at 50.4%, indicating that just over half of the new listings are being absorbed by buyers. Despite the competitive conditions, the average price has seen a year-over-year decline of 2.0%, reflecting potential buyer hesitance amid economic uncertainties.

Property Type Analysis

While specific benchmark prices and sales figures for detached, attached/townhouse, and apartment properties are not available this month, the overall market dynamics suggest that demand remains robust across various property types. The decline in average prices may be more pronounced in certain segments, particularly for higher-priced detached homes, which often experience greater sensitivity to market fluctuations.

Regional Highlights

Regionally, the Toronto market continues to face challenges with inventory levels, as active listings total 818. This represents a slight increase in new listings compared to May 2026, which may help alleviate some pressure on buyers. However, the overall demand remains strong, particularly in urban areas where proximity to amenities and transit options drives buyer interest.

For Buyers

Prospective buyers are advised to act decisively in the current market, as the low inventory levels and competitive conditions may lead to multiple offer situations. It is essential for buyers to be pre-approved for financing and to have a clear understanding of their budget to navigate this dynamic market effectively.

For Sellers

Sellers are encouraged to leverage the current seller's market by pricing their properties competitively and ensuring they are well-prepared for showings. With a significant number of new listings entering the market, presenting a home in its best light can attract serious buyers and potentially lead to quicker sales.