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 $719,700, with an average price of $724,614. Total sales increased to 36, while new listings rose to 89, indicating a balanced market condition.

Market Analysis

The Toronto real estate market shows signs of stability in July 2026, with a balanced market condition reflected in the months of inventory at 4.4. This is a slight improvement from June's 4.9 months of inventory, suggesting a gradual increase in demand as total sales rose from 33 to 36. Despite a year-over-year price decline of 3.0%, the increase in new listings indicates that sellers are responding to current market conditions, which may help to stabilize prices moving forward.

Property Type Analysis

While detailed sales and benchmark data for specific property types are not available this month, the overall market dynamics suggest that attached and townhouse properties may be experiencing more activity due to their affordability relative to detached homes. As the market remains balanced, buyers may find opportunities across various property types, particularly in the more affordable segments.

Regional Highlights

Regionally, the increase in new listings to 89 indicates a growing willingness among homeowners to enter the market, potentially driven by the current price adjustments. The sales-to-new-listings ratio (SNLR) of 40.4% suggests that while demand is present, it is not overwhelming, allowing for a more measured approach to buying and selling in the Toronto area.

For Buyers

Buyers are encouraged to take advantage of the current balanced market conditions by exploring various property types and being prepared to act quickly on listings that meet their criteria. With a moderate number of active listings, buyers have the opportunity to negotiate and find homes that fit their needs without the pressure of a highly competitive environment.

For Sellers

Sellers should consider pricing their homes competitively in light of the current market dynamics, especially given the slight year-over-year price decline. With an increase in new listings, it is essential for sellers to present their properties well and be flexible in negotiations to attract potential buyers.