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 shows signs of a buyer's market with a composite benchmark price of $937,800 and an average price of $978,164. Total sales increased to 44 from 33 in January, while new listings rose to 167, contributing to a total of 356 active listings.

Market Analysis

The Toronto real estate market in February 2026 reflects a shift towards a buyer's market, characterized by a months of inventory (MOI) of 8.1, indicating a surplus of available homes relative to demand. The sales-to-new-listings ratio (SNLR) stands at 26.3%, suggesting that while new listings are entering the market, buyer activity remains relatively subdued. Year-over-year, prices have decreased by 3.3%, indicating a cooling trend compared to the previous year, although month-over-month, the composite benchmark price has increased from $908,400 in January.

Property Type Analysis

Currently, detailed breakdowns for property types such as detached, attached/townhouse, and apartments are not available. However, the overall market dynamics suggest that all segments may be experiencing similar pressures from increased inventory and a slower sales pace. Buyers may find more options across various property types as active listings continue to grow.

Regional Highlights

Regionally, the increase in new listings to 167 indicates a potential easing of competition among buyers, as more homes become available. The active listings have risen slightly from 346 in January, suggesting that sellers are responding to market conditions by listing their properties, which may further benefit buyers looking for diverse options.

For Buyers

For buyers, the current market conditions present an opportunity to negotiate favorable terms, as the increased inventory and buyer's market dynamics may lead to lower prices and more flexibility in negotiations. It is advisable for buyers to conduct thorough research and consider their long-term needs when making purchasing decisions.

For Sellers

Sellers should be aware of the current market conditions and the increasing inventory levels. To attract potential buyers, it is crucial to price properties competitively and ensure they are presented in the best possible condition. Engaging with a knowledgeable real estate agent can help navigate these market dynamics effectively.