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 $988,600, with an average price of $968,388. Total sales increased to 66, while new listings rose to 159, indicating a balanced market condition.

Market Analysis

The Toronto real estate market in July 2026 exhibits balanced conditions, characterized by a months of inventory (MOI) of 4.1, a slight decrease from 4.5 in June. The sales-to-new-listings ratio (SNLR) stands at 41.5%, suggesting that demand is keeping pace with supply, although the overall market remains cautious. Year-over-year, the average price has decreased by 4.1%, reflecting a cooling trend compared to previous periods.

Property Type Analysis

Currently, detailed data on specific property types—detached, attached/townhouse, and apartments—are not available. However, the overall market dynamics suggest that buyers are exploring various options, with the balanced market allowing for a range of choices across different property types. The absence of specific benchmark prices for these categories indicates a need for further analysis as the market evolves.

Regional Highlights

Regionally, the increase in new listings to 159 indicates a growing willingness among sellers to enter the market, potentially providing more options for buyers. The active listings total 268, which is a slight decrease from the previous month, suggesting that while new inventory is being added, it is being absorbed at a steady pace.

For Buyers

For buyers, the current balanced market presents a favorable opportunity to negotiate terms and prices. With an average price of $968,388 and a variety of listings available, prospective homeowners should take the time to explore different neighborhoods and property types to find the best fit for their needs.

For Sellers

Sellers are encouraged to price their homes competitively in light of the current market conditions. With a slight decline in average prices year-over-year, it is essential to present properties well and consider strategic pricing to attract potential buyers amidst increasing inventory.