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 $1,049,300 and an average price of $1,192,333. Total sales reached 56, a significant increase from 25 in January, while new listings rose to 101.

Market Analysis

The Toronto real estate market is currently experiencing a seller's market, characterized by a sales-to-new-listings ratio (SNLR) of 55.4%. This indicates that more than half of the new listings are being sold, reflecting strong demand relative to supply. The months of inventory stands at 2.2, suggesting that homes are selling quickly, although the overall market is still adjusting to a year-over-year price decline of 10.0%. This decline may be contributing to a more competitive environment for buyers as they navigate the current landscape.

Property Type Analysis

Due to the lack of detailed data for specific property types, a comprehensive analysis is limited. However, the overall market trends suggest that demand remains robust across various segments, particularly for attached and apartment properties, which are often more affordable options for first-time buyers. As the market stabilizes, it will be important to monitor how different property types respond to the current conditions.

Regional Highlights

Regionally, the increase in new listings to 101 in February from 25 in January indicates a potential shift in seller sentiment, possibly driven by the desire to capitalize on the current demand. Active listings have slightly increased to 124, which may provide buyers with more options as they enter the market. The overall market dynamics suggest that while prices are down year-over-year, the current activity levels may signal a stabilization phase.

For Buyers

Buyers are encouraged to act decisively in the current market, as the low months of inventory indicate that desirable properties may sell quickly. It is advisable to be pre-approved for financing and to work closely with a real estate professional to navigate the competitive landscape effectively.

For Sellers

Sellers should consider the current demand reflected in the SNLR of 55.4% when pricing their homes. Setting a competitive price and preparing properties for showings can enhance visibility and attract serious buyers, especially in a market that is showing signs of increased activity.