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 $1,119,300 and an average price of $1,042,536. Total sales increased to 47, while new listings reached 106, contributing to a balanced market condition.

Market Analysis

The Toronto real estate market in July 2026 shows signs of balance, with a months of inventory (MOI) at 4.1, indicating a stable supply relative to demand. This is an improvement from June's MOI of 5.5, suggesting that the market is absorbing listings more effectively. The sales-to-new-listings ratio (SNLR) stands at 44.3%, reflecting a healthy level of buyer activity amidst a backdrop of declining prices, which have decreased by 7.7% year-over-year.

Property Type Analysis

While specific benchmark prices and sales figures for property types such as detached homes, attached/townhouses, and apartments are not available this month, the overall trend indicates a cautious approach from buyers across all segments. The balanced market condition suggests that buyers may find opportunities in various property types, particularly as inventory levels stabilize.

Regional Highlights

Regionally, the total active listings have decreased from 215 in June to 194 in July, indicating a tightening supply that may support price stabilization. The increase in total sales from 39 in June to 47 in July also points to a growing interest in the market, which could be attributed to seasonal trends as summer typically sees an uptick in real estate activity.

For Buyers

For buyers, the current balanced market presents an opportunity to negotiate favorable terms, especially with the recent decline in prices. It is advisable to conduct thorough research on available listings and be prepared to act quickly, as inventory levels are beginning to tighten.

For Sellers

Sellers should be mindful of the current market dynamics and consider pricing their properties competitively to attract buyers. With the decrease in active listings, presenting a well-maintained home can enhance visibility and appeal, potentially leading to quicker sales.