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 shows a composite benchmark price of $568,800, with an average price of $677,108. Total sales reached 109, reflecting a notable increase from 80 sales in January.

Market Analysis

The Toronto real estate market continues to exhibit buyer-favorable conditions, with a sales-to-new-listings ratio (SNLR) of 29.6%, indicating that buyers have a strong negotiating position. The total number of active listings has risen to 717, contributing to a months of inventory (MOI) of 6.6, which suggests a balanced market. Year-over-year, the composite benchmark price has decreased by 7.8%, highlighting ongoing price adjustments as the market stabilizes after previous fluctuations.

Comparing to January 2026, the market has seen an increase in new listings, which rose to 368 from 80, indicating that sellers are responding to the current market dynamics. This influx of inventory is likely contributing to the downward pressure on prices, as buyers have more options to choose from, further solidifying the trend towards a buyer's market.

Property Type Analysis

Currently, specific data on property types such as detached homes, attached/townhouses, and apartments is not available. However, the overall market dynamics suggest that all property types are likely experiencing similar trends, with increased inventory and a buyer's market prevailing across the board. Buyers may find better opportunities in various segments as the market adjusts to current economic conditions.

Regional Highlights

Regionally, the Toronto area is witnessing a shift in buyer behavior as affordability becomes a key concern. The decline in prices year-over-year suggests that potential buyers are becoming more cautious, leading to a slower pace of sales. Increased active listings may also reflect a broader trend of sellers trying to capitalize on the market before prices potentially decline further.

For Buyers

For buyers navigating the current market, it is advisable to take advantage of the increased inventory and negotiate effectively. With a variety of options available, buyers should conduct thorough research and consider their long-term needs, as the current market conditions may provide opportunities for favorable pricing.

For Sellers

Sellers should be aware of the current buyer-favorable conditions and price their properties competitively to attract interest. With an increase in active listings, it is essential to present homes well and consider market trends to ensure a successful sale in a shifting landscape.