Toronto Regional Real Estate Board Reports June 2026 Market Trends: Prices Stabilize Amid Low Inventory

Toronto Regional Real Estate Board — June 2026

In June 2026, the Toronto Regional Real Estate Board reports a composite benchmark price of $1,111,300 and an average price of $1,311,929. Total sales decreased to 70 from 86 in May, while new listings rose to 153, leading to active listings of 163.

Market Analysis

The Toronto real estate market continues to exhibit seller-favorable conditions, with a months of inventory (MOI) at 2.3, indicating a tight supply relative to demand. The sales-to-new-listings ratio (SNLR) stands at 45.8%, suggesting that nearly half of the new listings are being absorbed by buyers, despite a decrease in total sales compared to the previous month. Year-over-year, prices have increased by 1.8%, reflecting a steady demand even in a fluctuating market environment.

Property Type Analysis

Currently, detailed breakdowns by property type are not available; however, the overall market dynamics suggest that detached homes may continue to attract interest due to their limited availability. The absence of specific sales data for attached/townhouses and apartments indicates a need for further analysis to understand trends within these segments.

Regional Highlights

Regionally, the increase in new listings to 153 indicates a potential shift in market dynamics, as sellers may be responding to the current demand. The slight decrease in total sales from May to June suggests that while buyers are active, they may be more selective, contributing to the overall stability in pricing amid low inventory levels.

For Buyers

Buyers are encouraged to act promptly in this competitive market, as the low inventory levels mean that desirable properties may not remain available for long. Conducting thorough research and being prepared to make quick decisions can enhance their chances of securing a home.

For Sellers

Sellers should take advantage of the current market conditions by pricing their homes competitively and ensuring they are well-presented. With a favorable SNLR and low MOI, now is an opportune time to list, as demand remains strong despite fluctuations in total sales.