Toronto Regional Real Estate Board Reports Balanced Market in June 2026

Toronto Regional Real Estate Board — June 2026

In June 2026, the Toronto Regional Real Estate Board reports a composite benchmark price of $1,026,700 and an average price of $1,263,844. Total sales increased to 57, while new listings rose to 169, indicating a balanced market condition.

Market Analysis

The Toronto real estate market exhibits balanced conditions as of June 2026, with a months of inventory (MOI) at 4.8. This represents a slight increase from May's MOI of 4.6, suggesting that supply is keeping pace with demand. The sales-to-new-listings ratio (SNLR) stands at 33.7%, indicating that while sales are improving, they are not outpacing new listings significantly, which contributes to the stability in prices. Year-over-year, the market has seen a price decline of 3.8%, reflecting ongoing adjustments in buyer sentiment and economic factors affecting purchasing power.

The total sales of 57 in June show a modest increase from 54 in May, indicating a gradual recovery in buyer activity. However, the overall sales figures remain low compared to historical averages, suggesting that while the market is balanced, it may still be in a transitional phase as buyers and sellers adjust to current economic conditions.

Property Type Analysis

Currently, detailed breakdowns for property types such as detached, attached/townhouses, and apartments are not available. However, the overall trend indicates that the demand for various property types remains steady, with the average price reflecting a diverse range of buyer preferences. As the market stabilizes, it is likely that specific trends within each property type will emerge, warranting closer observation in upcoming months.

Regional Highlights

Regionally, the increase in new listings to 169 suggests that sellers are becoming more confident in the market, contributing to a healthier inventory level of 272 active listings. This influx of new listings may provide buyers with more options, potentially leading to a more competitive environment as the market adjusts. The balanced market condition is expected to continue as both buyers and sellers navigate the current economic landscape, with careful consideration of pricing strategies and market timing.

For Buyers

For buyers, the current balanced market presents an opportunity to explore a wider range of properties without the pressure of escalating prices. It is advisable for buyers to conduct thorough market research and consider their long-term needs, as the current price adjustments may create favorable conditions for negotiations.

For Sellers

Sellers should remain mindful of the current market dynamics and the slight decline in prices year-over-year. Setting a competitive price and ensuring properties are well-presented will be crucial in attracting buyers. Engaging with a knowledgeable real estate professional can provide valuable insights into pricing strategies and market positioning.