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 $1,380,100, with an average price of $1,152,442. Total sales increased to 26, while new listings rose to 72, indicating a balanced market environment.

Market Analysis

The Toronto real estate market in February 2026 exhibits balanced conditions, characterized by a months of inventory (MOI) of 5.0. This marks an improvement from January's MOI of 6.6, suggesting that the market is absorbing inventory more effectively. The sales-to-new-listings ratio (SNLR) stands at 36.1%, indicating that a healthy proportion of new listings are being sold, which is a positive sign for market activity.

Property Type Analysis

Data on specific property types remains unavailable for February 2026. However, the overall market dynamics suggest that both buyers and sellers are adjusting to the current price environment, with a notable year-over-year price decline of 13.5%. This trend may influence buyer preferences across different property types as they seek value in the current market.

Regional Highlights

While specific regional data is not provided, the increase in active listings to 131 from 119 in January indicates a growing supply in the market. This influx of listings, combined with the balanced market conditions, may offer buyers more options and negotiation power in the coming months.

For Buyers

Buyers are encouraged to take advantage of the current balanced market conditions by exploring a variety of listings. With more options available and a significant year-over-year price decline, this may be an opportune time to negotiate favorable terms.

For Sellers

Sellers should remain aware of the current market dynamics and consider pricing their properties competitively. With an increase in active listings, ensuring that a property stands out through effective marketing and appropriate pricing will be crucial for attracting potential buyers.