Toronto Regional Real Estate Board Reports Balanced Market in June 2026

Toronto Regional Real Estate Board — June 2026

In June 2026, the Toronto Regional Real Estate Board reports a composite benchmark price of $999,900 and an average price of $1,029,827. Total sales in the month reached 74, with 189 new listings entering the market.

Market Analysis

The Toronto real estate market exhibits balanced conditions as of June 2026, with a months of inventory (MOI) at 5.0, indicating a stable supply relative to demand. The sales-to-new-listings ratio (SNLR) stands at 39.2%, suggesting that while the market is active, it is not overly competitive. Compared to May 2026, total sales have decreased from 82 to 74, and the average price has seen a slight increase from $992,100 to $1,029,827, reflecting a modest upward trend in pricing despite an overall year-over-year price decline of 8.8%.

Property Type Analysis

Currently, detailed breakdowns for specific property types such as detached, attached/townhouse, and apartments are not available. However, the overall market dynamics suggest that buyers may find opportunities across various property types, particularly in a balanced market where inventory levels are adequate to meet demand. The absence of specific benchmark prices for these categories indicates a need for further analysis to understand their individual performance.

Regional Highlights

Regionally, the Toronto market continues to adapt to changing economic conditions, with active listings totaling 369. This represents a slight decrease from the previous month, where active listings were at 371. The influx of 189 new listings in June indicates that sellers are still motivated to enter the market, which may help to stabilize prices in the coming months.

For Buyers

For buyers, this balanced market presents an opportunity to negotiate more favorable terms. With a variety of listings available and a steady supply of new properties, buyers are encouraged to conduct thorough research and be prepared to act quickly when they find a property that meets their needs.

For Sellers

Sellers should remain aware of the current market dynamics and the slight decline in year-over-year prices. Pricing properties competitively and ensuring they are well-presented can attract potential buyers in a market where inventory levels are stable. Engaging with a knowledgeable real estate professional can provide valuable insights into effective pricing strategies.