Toronto Regional Real Estate Board Reports July 2026 Market Trends: Prices Dip Slightly Amid Stable Sales

Toronto Regional Real Estate Board — July 2026

In July 2026, the Toronto Regional Real Estate Board reports a composite benchmark price of $876,800, reflecting a 2.7% decrease year-over-year. Total sales remain stable at 147, with new listings totaling 341 and active listings at 520.

Market Analysis

The Toronto real estate market continues to exhibit a seller's advantage, characterized by a sales-to-new-listings ratio (SNLR) of 43.1%. This indicates that while demand remains steady, the supply of new listings is not keeping pace, resulting in a months of inventory (MOI) of 3.5. Compared to June 2026, where the MOI was slightly higher at 3.6, the market shows a slight tightening, suggesting that sellers may have more leverage in negotiations despite the overall price decline.

Property Type Analysis

Currently, detailed breakdowns for property types such as detached, attached/townhouses, and apartments are not available. However, the overall market dynamics suggest that while prices have dipped, the stability in sales indicates continued interest across various property types. Buyers may find opportunities in specific segments where inventory levels may vary significantly.

Regional Highlights

Regional trends indicate a consistent demand for housing in the Toronto area, despite the slight decrease in prices. The active listings of 520 suggest a healthy supply, but the relatively low total sales figure of 147 points to a cautious buyer sentiment. This environment may encourage buyers to act swiftly when suitable properties become available.

For Buyers

For buyers navigating the current market, it is advisable to remain vigilant and proactive. Given the stable sales figures and the slight decline in prices, potential buyers should be prepared to make competitive offers on properties that meet their criteria, as the limited inventory may lead to quicker sales.

For Sellers

Sellers are encouraged to price their homes competitively to attract interest in the current market conditions. With an SNLR of 43.1%, sellers should capitalize on the existing demand while being mindful of the slight price decline, ensuring their listings stand out among the available inventory.