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 increased activity with a composite benchmark price of $1,068,100 and an average price of $1,139,176. Total sales reached 49, a significant increase from 17 in January, while new listings rose to 103.

Market Analysis

The Toronto real estate market is currently characterized as a seller's market, with a sales-to-new-listings ratio (SNLR) of 47.6%. The months of inventory stands at 2.5, indicating a tighter supply relative to demand, as this figure is down from 5.9 in January. The average price has seen a year-over-year decline of 2.6%, reflecting a cooling trend compared to previous periods, yet the increase in total sales suggests a resurgence in buyer interest.

Property Type Analysis

Data on specific property types remains unavailable for February 2026. However, the overall market dynamics indicate that detached homes, attached/townhouses, and apartments may be experiencing varied levels of demand, influenced by the current economic conditions and buyer preferences. As the market evolves, it will be crucial to monitor how these segments respond to changes in pricing and inventory levels.

Regional Highlights

Regionally, the increase in new listings to 103 indicates a potential shift in seller confidence, which could further influence market dynamics in the coming months. The active listings have also risen slightly to 121, suggesting that sellers are beginning to enter the market, which may help alleviate some of the inventory pressure seen in previous months.

For Buyers

Buyers are advised to act decisively in the current market, as the increase in sales indicates heightened competition. With the months of inventory at 2.5, buyers should be prepared to make competitive offers, especially on well-priced properties, to secure their desired homes.

For Sellers

Sellers are encouraged to take advantage of the current seller's market by pricing their properties strategically. With a strong SNLR and increasing buyer activity, well-presented homes are likely to attract attention and potentially lead to quicker sales.