Toronto Regional Real Estate Board Reports June 2026 Market Trends: Prices Decline Amid Increased Listings

Toronto Regional Real Estate Board — June 2026

In June 2026, the Toronto Regional Real Estate Board reports a composite benchmark price of $755,800 and an average price of $787,979. Total sales reached 165, with new listings at 355, indicating a competitive market favoring sellers.

Market Analysis

The Toronto real estate market in June 2026 shows signs of a seller's market, characterized by a sales-to-new-listings ratio (SNLR) of 46.5%. This indicates that nearly half of the new listings are being sold within the month, reflecting strong demand despite a year-over-year price decline of 4.5%. The months of inventory stands at 2.5, suggesting that the supply is relatively low compared to the demand, which typically leads to upward pressure on prices in a balanced market.

Property Type Analysis

While specific benchmark prices and sales figures for detached, attached, and apartment properties are not available, the overall market dynamics suggest that all property types are experiencing similar trends. The increase in new listings may provide buyers with more options, but the competitive nature of the market still favors sellers, particularly in sought-after neighborhoods.

Regional Highlights

Regionally, the Toronto market continues to attract buyers, with the total sales increasing from 142 in May to 165 in June. This upward trend in sales, coupled with a significant number of new listings, indicates a robust market activity that may stabilize prices in the coming months as buyers adjust to the current market conditions.

For Buyers

Prospective buyers are encouraged to act decisively, as the current market conditions favor sellers. With a limited supply of active listings at 418, buyers should be prepared to make competitive offers and consider a range of properties to increase their chances of securing a home.

For Sellers

Sellers are in a favorable position this month, with a strong SNLR and a relatively low months of inventory. To maximize their selling potential, homeowners should ensure their properties are well-presented and competitively priced, as the demand remains strong despite the slight year-over-year price decline.