Toronto Regional Real Estate Board Reports Balanced Market in August 2026

Toronto Regional Real Estate Board — August 2026

In August 2026, the Toronto Regional Real Estate Board reports a composite benchmark price of $990,500, with an average price of $957,913. Total sales decreased to 46, while new listings rose to 116, indicating a balanced market condition.

Market Analysis

The Toronto real estate market in August 2026 reflects a balanced condition, with a months of inventory (MOI) at 5.7, up from 4.3 in July. This increase in inventory suggests that supply is keeping pace with demand, allowing buyers more options without significant pressure on prices. The sales-to-new-listings ratio (SNLR) stands at 39.7%, indicating that while sales are lower than previous months, the market is not overly saturated, which typically stabilizes price fluctuations.

Property Type Analysis

Currently, detailed breakdowns of property types are not available for August 2026. However, the overall market dynamics suggest that both buyers and sellers are adapting to the current conditions, with a focus on maintaining competitive pricing across various property types. The absence of specific data for detached, attached, and apartment properties highlights a need for further analysis in upcoming reports.

Regional Highlights

Regionally, the Toronto market is experiencing a shift as new listings increase, providing buyers with more choices. The total active listings have slightly decreased from 265 in July to 261 in August, indicating a stable supply. This trend may reflect seasonal adjustments as the market transitions into the fall months.

For Buyers

Buyers are encouraged to take advantage of the current balanced market conditions by exploring new listings and negotiating prices. With an increase in inventory, there is potential for better deals, especially for those willing to act promptly.

For Sellers

Sellers should remain mindful of the current price adjustments, with a year-over-year price change of -6.9%. Setting competitive prices and being responsive to market feedback will be crucial in attracting buyers in this balanced market.