Toronto Regional Real Estate Board Reports February 2026 Market Trends

Toronto Regional Real Estate Board — February 2026

In February 2026, the Toronto real estate market sees a composite benchmark price of $1,285,100, with an average price of $1,517,985. Total sales increased to 34, while active listings rose to 308, indicating a shift towards a buyer's market.

Market Analysis

The Toronto real estate market is currently characterized by a notable increase in inventory, with months of inventory rising to 9.1, up from 8.8 in January 2026. This increase in supply, coupled with a sales count of 34, reflects a market condition that favors buyers. The year-over-year price change indicates a decline of 10.1%, suggesting that buyers are gaining leverage in negotiations as they navigate a more abundant selection of homes.

Property Type Analysis

Data for specific property types remains unavailable for February 2026. However, the overall market dynamics suggest that buyers may find more opportunities across various property types as inventory levels rise. The absence of detailed breakdowns for detached, attached/townhouse, and apartment categories highlights the need for continued monitoring of these segments as the market evolves.

Regional Highlights

Regionally, the increase in new listings to 146 indicates a growing willingness among sellers to enter the market, despite the current downward pressure on prices. The sales-to-new-listings ratio (SNLR) stands at 23.3%, reflecting a slower pace of sales relative to the influx of new listings, which further emphasizes the buyer-centric market conditions.

For Buyers

Buyers are encouraged to take advantage of the current market conditions by exploring a wider range of properties and negotiating favorable terms. With prices showing a significant year-over-year decline, now may be an opportune time to secure a home at a more accessible price point.

For Sellers

Sellers should be aware of the increasing competition in the market and consider pricing their homes competitively to attract potential buyers. With a growing number of active listings, it is crucial to present properties in the best light and be prepared for negotiations as buyers have more options available.