Toronto Regional Real Estate Board Market Report - July 2026

Toronto Regional Real Estate Board — July 2026

In July 2026, the Toronto real estate market shows a composite benchmark price of $1,082,300, reflecting a slight year-over-year increase of 0.3%. Total sales decreased to 63 from 70 in June, while new listings rose to 94, indicating a shift in market dynamics.

Market Analysis

The Toronto real estate market is currently experiencing a seller's condition, with a sales-to-new-listings ratio (SNLR) of 67.0%. This suggests that demand remains relatively strong despite the decrease in total sales compared to the previous month. The months of inventory stands at 2.0, down from 2.3 in June, indicating that properties are selling more quickly and that supply is tightening. The average price of $1,024,514 also reflects a stable market, although it is lower than the previous month’s average.

Property Type Analysis

Data on specific property types is currently unavailable for July 2026, but the overall market trends indicate that demand for various property types remains robust. The absence of detailed metrics for detached, attached, and apartment properties suggests that buyers may need to act quickly, as the competitive landscape continues to favor sellers.

Regional Highlights

The increase in new listings to 94 indicates that sellers are responding to the current market conditions by bringing more properties to market. However, with active listings at 126, the overall inventory remains limited, which could continue to support price stability in the coming months. The slight year-over-year price increase suggests that the market is not experiencing significant volatility, which may appeal to both buyers and sellers.

For Buyers

Prospective buyers should remain vigilant and act quickly when they find a property that meets their needs, as the current market conditions favor sellers. With a limited number of active listings and a strong sales-to-new-listings ratio, buyers may face competition, making it essential to be prepared with financing and to make competitive offers.

For Sellers

Sellers are encouraged to take advantage of the current market conditions, as the low months of inventory and high SNLR indicate strong demand for properties. Pricing competitively and ensuring homes are well-presented can help attract buyers quickly, potentially leading to favorable sale conditions.