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 $1,851,600, with an average price of $1,505,038. Total sales increased to 13 from 7 in January, while active listings rose to 85, indicating a shift towards a buyer's market.

Market Analysis

The Toronto real estate market in February 2026 reflects a significant adjustment in pricing, with a year-over-year price decline of 14.2%. The increase in total sales from January, coupled with a rise in new listings to 46, suggests that buyers are beginning to engage more actively in the market. However, the months of inventory stands at 6.5, indicating that the supply of homes is still relatively high compared to the demand, which is characteristic of a buyer's market.

Property Type Analysis

Due to a lack of specific data on property types for February, a detailed comparison cannot be made. However, the overall market dynamics suggest that detached homes, attached/townhouses, and apartments may all be experiencing similar trends in terms of buyer activity and pricing adjustments, as indicated by the general market conditions.

Regional Highlights

Regionally, the increase in active listings to 85 from 74 in January signals a growing supply of homes available for sale. This trend may provide buyers with more options and leverage in negotiations, as the sales-to-new-listings ratio (SNLR) stands at 28.3%, further emphasizing the buyer's market conditions.

For Buyers

Buyers are encouraged to take advantage of the current market conditions by exploring a wider range of listings. With increased inventory and a lower average price compared to previous months, now may be an opportune time to negotiate favorable terms.

For Sellers

Sellers should be aware of the current buyer's market and consider pricing their homes competitively to attract interest. With the months of inventory at 6.5, ensuring that properties are well-presented and priced appropriately will be crucial for achieving a successful sale.