Toronto Regional Real Estate Board Reports Balanced Market in February 2026

Toronto Regional Real Estate Board — February 2026

In February 2026, the Toronto Regional Real Estate Board reports a composite benchmark price of $667,200 and an average price of $846,628. Total sales reached 231, while new listings increased to 571, indicating a balanced market condition.

Market Analysis

The Toronto real estate market exhibits balanced conditions as of February 2026, with a months of inventory (MOI) at 4.8, a decrease from 7.0 in January 2026. The sales-to-new-listings ratio (SNLR) stands at 40.5%, suggesting that demand is keeping pace with supply, although the average price has seen a year-over-year decline of 8.1%. This decline in prices may reflect broader economic factors affecting buyer sentiment and purchasing power.

Property Type Analysis

Detailed property type data for detached, attached/townhouse, and apartment sales is not available for February 2026. However, the overall market dynamics indicate that while the average price has decreased, the increase in new listings suggests that sellers are responding to market conditions, potentially leading to a more competitive environment for buyers across all property types.

Regional Highlights

The Toronto region continues to experience fluctuations in its real estate landscape, with active listings rising to 1,104 in February 2026, up from 1,051 in January. This increase in inventory may provide buyers with more options, while sellers may need to be strategic in pricing to attract potential buyers in a balanced market.

For Buyers

Prospective buyers are encouraged to take advantage of the current balanced market conditions by exploring various neighborhoods and property types. With an increase in active listings, buyers have more options to choose from, allowing for better negotiation opportunities on price and terms.

For Sellers

Sellers should remain mindful of the current market dynamics, particularly the year-over-year price decline of 8.1%. Pricing properties competitively and ensuring they are well-presented can help attract buyers in a market where inventory levels are increasing.