Toronto Regional Real Estate Board Reports Balanced Market in June 2026

Toronto Regional Real Estate Board — June 2026

In June 2026, the Toronto Regional Real Estate Board reports a composite benchmark price of $667,600, with an average price of $852,972. Total sales reached 311, while new listings increased to 710, contributing to a balanced market condition.

Market Analysis

The Toronto real estate market in June 2026 exhibits balanced conditions, with a months of inventory (MOI) at 4.2, slightly down from 4.4 in May. The sales-to-new-listings ratio (SNLR) stands at 43.8%, indicating that demand is keeping pace with supply, though the overall sales volume remains lower than in previous years. The average price has seen a decline of 5.7% year-over-year, reflecting a cooling trend in the market as buyers adjust to current economic conditions and interest rates.

Property Type Analysis

Data on specific property types is currently unavailable; however, the overall market dynamics suggest that the demand for detached homes may be stabilizing, while townhouses and apartments could see varied interest levels based on affordability and buyer preferences. The balanced market conditions imply that buyers have more options available, which may influence pricing strategies across different property types.

Regional Highlights

Regionally, the increase in new listings to 710 indicates a growing willingness among sellers to enter the market, potentially alleviating some pressure on inventory levels. Active listings total 1,308, providing buyers with a broader selection, which is essential in a balanced market. This trend suggests that while prices are adjusting, the overall availability of homes is improving, catering to diverse buyer needs.

For Buyers

For buyers, this is an opportune time to explore the market, as the increase in active listings provides more choices and potential negotiating power. It is advisable to conduct thorough research and consider various property types to find the best fit for their needs, especially given the current average price of $852,972.

For Sellers

Sellers should remain realistic about pricing, given the 5.7% year-over-year decline in prices. With a balanced market, it is crucial to present properties well and consider competitive pricing strategies to attract potential buyers, especially in light of the increasing number of new listings.