Toronto Regional Real Estate Board Market Report - February 2026

Toronto Regional Real Estate Board — February 2026

In February 2026, the Toronto real estate market shows signs of stabilization with a composite benchmark price of $1,117,600 and an average price of $1,010,369. Total sales increased to 22 from 19 in January, while new listings rose to 43, contributing to a balanced market condition.

Market Analysis

The Toronto real estate market in February 2026 reflects a balanced environment, with a months of inventory (MOI) at 4.0. This indicates that supply is keeping pace with demand, allowing buyers a reasonable selection without overwhelming competition. The sales-to-new-listings ratio (SNLR) stands at 51.2%, suggesting that just over half of new listings are being absorbed by the market, which is a healthy indicator of buyer interest.

Property Type Analysis

Data for specific property types remains unavailable for February 2026. However, the overall market dynamics suggest that both detached and attached properties are likely experiencing similar trends, with the average price decline of 13.1% year-over-year impacting all segments. The absence of detailed breakdowns highlights the need for continued monitoring as the market evolves.

Regional Highlights

Regionally, the total active listings decreased to 89 from 100 in January, indicating a slight tightening of supply. This reduction in inventory, coupled with an increase in sales, may signal a shift in buyer confidence as the market adjusts to current economic conditions.

For Buyers

Prospective buyers are encouraged to act decisively in the current balanced market. With a variety of new listings available, buyers should consider their options carefully and be prepared to make competitive offers, particularly as inventory levels fluctuate.

For Sellers

Sellers should remain realistic about pricing in light of the 13.1% year-over-year price decline. Setting a competitive price based on current market conditions will be crucial for attracting buyers, especially as the market stabilizes and inventory levels change.