Toronto Regional Real Estate Board Reports June 2026 Market Trends: Prices Decline Amid Seller's Market

Toronto Regional Real Estate Board — June 2026

In June 2026, the Toronto Regional Real Estate Board reports a composite benchmark price of $1,263,600, reflecting a 6.7% decrease year-over-year. Total sales increased to 61 from 55 in May, while active listings rose slightly to 126, indicating ongoing supply constraints.

Market Analysis

The Toronto real estate market continues to exhibit characteristics of a seller's market, with a months of inventory (MOI) of 2.1, down from 2.3 in May. This low inventory level suggests that demand is outpacing supply, contributing to upward pressure on prices despite the year-over-year decline. The sales-to-new-listings ratio (SNLR) stands at 52.6%, indicating that just over half of new listings are being absorbed by buyers, further emphasizing the competitive nature of the current market.

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 property types are likely experiencing similar trends, with limited inventory affecting buyer choices and potentially leading to competitive bidding situations in desirable segments.

Regional Highlights

Regionally, the Toronto market shows signs of resilience despite the decline in prices. The increase in total sales from May to June indicates a growing interest among buyers, likely driven by favorable financing conditions and a desire to secure properties before potential further price adjustments. The slight uptick in active listings also suggests that sellers are beginning to respond to market conditions, providing more options for buyers.

For Buyers

For prospective buyers, it is advisable to act decisively in the current market. With a limited number of active listings and a competitive sales environment, buyers should be prepared to make quick offers and consider their financing options to enhance their purchasing power.

For Sellers

Sellers are encouraged to price their properties competitively to attract buyers in the current market. Given the low months of inventory, presenting homes in optimal condition and leveraging effective marketing strategies can help maximize visibility and interest, potentially leading to quicker sales.