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 sees a composite benchmark price of $2,314,000, reflecting an 8.5% decrease year-over-year. Total sales rise to 17, up from 8 in January, while active listings increase slightly to 150.

Market Analysis

The Toronto real estate market in February 2026 continues to exhibit buyer-favorable conditions, characterized by a months of inventory (MOI) of 8.8. This indicates a significant supply of homes relative to demand, as evidenced by the sales-to-new-listings ratio (SNLR) of 30.4%. The increase in total sales from January's 8 to 17 suggests a gradual uptick in buyer activity, although the overall market remains subdued compared to previous years.

Property Type Analysis

Due to the lack of specific data on property types for February, a detailed comparison cannot be provided. However, the overall market dynamics indicate that buyers are likely focusing on available listings across all categories, as the total number of new listings has risen to 56 this month.

Regional Highlights

Regionally, the Toronto market reflects broader trends of increased inventory and cautious buyer sentiment. The slight increase in active listings from 149 in January to 150 in February suggests a stable supply, which may continue to impact pricing strategies for sellers in the coming months.

For Buyers

Buyers are encouraged to remain vigilant and take advantage of the current market conditions, where a higher inventory and lower prices may present opportunities for negotiation. It is advisable to conduct thorough research and consider various property types to find the best fit.

For Sellers

Sellers should be prepared for a competitive environment where pricing strategies may need to be adjusted in light of the current market dynamics. With an increase in active listings and a longer MOI, setting a competitive price and ensuring properties are well-presented will be crucial to attracting potential buyers.