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 $779,200 and an average price of $903,074. Total sales increased to 70, while new listings rose to 195, indicating a balanced market condition.

Market Analysis

The Toronto real estate market in February 2026 demonstrates a balanced condition, with a sales-to-new-listings ratio (SNLR) of 35.9%. This indicates that while demand is present, it is not outpacing supply significantly. The total sales of 70 represent an increase from 58 in January, suggesting a gradual recovery in buyer activity as new listings also increased from 147 to 195 over the same period. The months of inventory stands at 5.2, reflecting a healthy balance between supply and demand, although it is slightly lower than January's 6.0 months.

Property Type Analysis

Data on specific property types remains unavailable for February 2026, limiting detailed comparisons. However, the overall market dynamics suggest that both detached and attached properties are likely experiencing similar trends of increased listings and stable sales, aligning with the balanced market condition observed this month.

Regional Highlights

The increase in active listings to 364 from 347 in January indicates a growing supply, which may provide more options for buyers. Despite a year-over-year price decline of 14.0%, the market appears to be stabilizing, as evidenced by the rising average price and sales figures. This trend may reflect a shift in buyer sentiment, as more individuals enter the market amid favorable conditions.

For Buyers

Prospective buyers are encouraged to take advantage of the current balanced market conditions. With a variety of new listings available, buyers should conduct thorough research and consider their options carefully, as prices have shown a significant year-over-year decline, potentially offering opportunities for negotiation.

For Sellers

Sellers should be mindful of the current market dynamics, particularly the increase in active listings. To attract buyers, it is advisable to present properties competitively priced and in good condition. Engaging a knowledgeable real estate professional can help sellers navigate this balanced market effectively.