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 $1,919,400 and an average price of $2,110,438. Total sales reached 46, with new listings at 118 and active listings at 185.

Market Analysis

The Toronto real estate market exhibits balanced conditions in February 2026, with a sales-to-new-listings ratio (SNLR) of 39.0%. This indicates that while demand is steady, it is not outpacing supply significantly. The months of inventory stands at 4.0, suggesting that the market is neither a buyer's nor a seller's market, allowing for a more stable pricing environment compared to the previous month, which had a much higher inventory of 9.7 months in January 2026.

Year-over-year, the composite benchmark price has decreased by 2.8%, reflecting a slight cooling in the market. However, the increase in total sales from 18 in January to 46 in February indicates a resurgence in buyer activity, potentially driven by seasonal trends as we move into spring. The increase in new listings to 118 also suggests that sellers are responding to the current market dynamics, providing more options for buyers.

Property Type Analysis

Currently, detailed breakdowns for specific property types such as detached homes, attached/townhouses, and apartments are not available. However, the overall market trends indicate that all property types are likely experiencing similar dynamics of balanced conditions and slight price adjustments. The lack of specific data on property types suggests that buyers and sellers should remain flexible and informed about the broader market trends rather than focusing solely on one category.

As the market stabilizes, it is essential for potential buyers to consider the variety of options available across different property types, especially as new listings increase.

Regional Highlights

Regionally, the Toronto market shows signs of recovery with a notable increase in sales activity compared to January. The number of active listings has also risen slightly, indicating a more robust supply that could benefit buyers looking for diverse options. The balanced market conditions suggest that both buyers and sellers can engage in transactions with reasonable expectations regarding pricing and negotiation.

For Buyers

For buyers, February's market presents an opportunity to explore various listings as inventory levels increase. With a balanced market, buyers are encouraged to conduct thorough research and consider their options carefully, as the current conditions allow for more negotiation power compared to previous months.

For Sellers

Sellers are advised to remain competitive in pricing, given the slight year-over-year price decline. With an increase in new listings, ensuring that properties are well-presented and priced appropriately will be crucial to attracting buyers in this balanced market.