Toronto Regional Real Estate Board Reports Balanced Market in February 2026

Toronto Regional Real Estate Board — February 2026

In February 2026, the Toronto Regional Real Estate Board reports a composite benchmark price of $969,400 and an average price of $1,047,214. Total sales reached 38, with new listings at 102, indicating a balanced market condition.

Market Analysis

The Toronto real estate market in February 2026 shows signs of balance, with a sales-to-new-listings ratio (SNLR) of 37.3%. The months of inventory stands at 5.3, suggesting that while demand is stable, the supply of homes is sufficient to meet buyer interest. This balance is reflected in the total sales of 38, an increase from 30 in January 2026, indicating a slight uptick in market activity as we move into the spring season.

Property Type Analysis

Due to the lack of specific benchmark prices and sales data for detached, attached/townhouse, and apartment properties in February, a comprehensive comparison across property types is not available. However, the overall market dynamics suggest that buyers may find opportunities across various segments as inventory levels remain steady.

Regional Highlights

Regionally, the increase in new listings to 102 from 87 in January indicates a growing willingness among sellers to enter the market. This influx of listings may provide buyers with more options, helping to stabilize prices despite the year-over-year price decline of 16.4%. The active listings have also risen to 202, further contributing to a balanced market environment.

For Buyers

Buyers are encouraged to take advantage of the current balanced market conditions by exploring a variety of listings. With an increase in inventory, there are more options available, making it a favorable time to negotiate terms and prices.

For Sellers

Sellers should consider pricing their homes competitively in light of the current market dynamics. With the increase in active listings, ensuring that properties are well-presented and priced appropriately will be crucial to attracting buyers in this balanced environment.