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 $551,400 and an average price of $678,376. Total sales reached 170, with new listings at 500, indicating a balanced market condition.

Market Analysis

The Toronto real estate market in June 2026 exhibits balanced conditions, with a months of inventory (MOI) at 5.3, slightly down from 5.8 in May. This indicates a stable supply relative to demand, as total sales increased from 149 in May to 170 in June. The sales-to-new-listings ratio (SNLR) stands at 34.0%, suggesting that while demand remains steady, it is not outpacing supply significantly, contributing to a more balanced market environment.

Property Type Analysis

Currently, detailed breakdowns for property types such as detached, attached/townhouse, and apartments are not available. However, the overall market dynamics suggest that all property types are experiencing similar trends, with a general decline in prices year-over-year by 9.5%. This decline may affect buyer sentiment across various segments, prompting potential buyers to reassess their purchasing strategies.

Regional Highlights

Regionally, the Toronto market continues to reflect a diverse range of housing options, with active listings totaling 899. The increase in new listings to 500 indicates that sellers are responding to market conditions, potentially providing buyers with more choices. The overall price adjustment of 9.5% year-over-year may also signal opportunities for buyers looking to enter the market at a more favorable price point.

For Buyers

For prospective buyers, the current market presents an opportunity to negotiate better terms, given the balanced conditions and the increase in active listings. Buyers should conduct thorough research and consider their long-term goals, as prices have shown a significant year-over-year decline, which may not persist indefinitely.

For Sellers

Sellers are advised to remain realistic about pricing in the current market environment, especially given the 9.5% year-over-year price decline. With 500 new listings entering the market, it is crucial for sellers to ensure their properties are competitively priced and well-presented to attract potential buyers.