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 $931,800, with an average price of $977,318. Total sales increased to 22 from 17 in January, while active listings decreased slightly to 116.

Market Analysis

The Toronto real estate market remains balanced as of February 2026, characterized by a months of inventory (MOI) of 5.3. This indicates that the supply of homes is keeping pace with demand, allowing buyers a reasonable selection without overwhelming competition. The sales-to-new-listings ratio (SNLR) stands at 40.7%, suggesting a moderate level of buyer activity relative to new listings entering the market.

Property Type Analysis

Data for specific property types is currently unavailable; however, the overall market dynamics indicate a stable environment for various property categories. As the market adjusts, potential buyers may find opportunities across different types of homes, depending on their preferences and budget.

Regional Highlights

Regionally, the total number of new listings increased to 54, providing more options for prospective buyers compared to the previous month. Despite the overall price decline of 11.4% year-over-year, the balanced market conditions suggest that buyers and sellers are finding common ground, which may lead to more stable pricing in the coming months.

For Buyers

For buyers, this balanced market presents an opportunity to explore a variety of listings without the pressure of escalating prices. It is advisable to conduct thorough research and consider properties that meet their needs, as the current inventory levels provide a wider selection.

For Sellers

Sellers should remain realistic about pricing in light of the 11.4% year-over-year price decline. Setting a competitive price based on current market conditions will be crucial to attract buyers, especially as new listings continue to enter the market.