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 $1,031,700, reflecting an 8.9% decrease year-over-year. Total sales rise to 45, up from 30 in January, while active listings remain stable at 275.

Market Analysis

The Toronto real estate market is currently characterized as a buyer's market, with a sales-to-new-listings ratio (SNLR) of 39.5%. This indicates that while new listings have increased to 114, demand remains subdued, leading to a months of inventory (MOI) of 6.1, suggesting that homes are taking longer to sell. The average price of homes has reached $1,101,078, yet the overall market is experiencing a downward trend in pricing compared to the previous year.

Property Type Analysis

Data for specific property types such as detached homes, attached/townhouses, and apartments is not available this month. However, the overall market dynamics suggest that buyers may find more opportunities in various segments as inventory levels remain relatively high, allowing for greater selection and negotiation power.

Regional Highlights

Regionally, the stability in active listings at 275 indicates a balanced supply, which is essential for maintaining market equilibrium. The increase in total sales from January to February suggests a potential shift in buyer sentiment, although the overall price decline indicates caution among buyers in the current economic climate.

For Buyers

Buyers are encouraged to take advantage of the current market conditions, as the increase in active listings provides a wider selection of properties. With prices trending downward, this may be an opportune time to negotiate favorable terms and secure a property that meets their needs.

For Sellers

Sellers should be mindful of the current buyer's market and the downward pressure on prices. It is advisable to price properties competitively and ensure they are well-presented to attract potential buyers, as the increased inventory may lead to longer selling times.