Toronto Regional Real Estate Board Reports Balanced Market in February 2026

Toronto Regional Real Estate Board — February 2026

In February 2026, the Toronto Regional Real Estate Board reports a composite benchmark price of $744,000 and an average price of $833,767. Total sales decreased to 25, while new listings increased to 91, indicating a balanced market condition.

Market Analysis

The Toronto real estate market in February 2026 shows signs of balance, with a months of inventory (MOI) at 6.0, up from 4.5 in January. This increase in inventory suggests that supply is keeping pace with demand, allowing buyers more options in their search. The sales-to-new-listings ratio (SNLR) stands at 27.5%, indicating a moderate level of activity in the market, as buyers are absorbing new listings at a steady pace.

Property Type Analysis

Data for specific property types such as detached homes, attached/townhouses, and apartments is currently unavailable. However, the overall market dynamics suggest that buyers are exploring various options, and the balanced market condition may favor a diverse range of property types as they seek value amidst a year-over-year price decline of 9.5%.

Regional Highlights

The increase in new listings to 91 in February indicates a growing willingness among sellers to enter the market, which may help stabilize prices in the coming months. The average price of $833,767 reflects a slight increase from the previous month, suggesting that while prices are down year-over-year, they may be stabilizing in the short term.

For Buyers

Buyers are encouraged to take advantage of the balanced market conditions by exploring a variety of properties. With an increase in active listings, there are more options available, allowing buyers to negotiate better terms and prices.

For Sellers

Sellers should consider pricing their properties competitively in light of the current market dynamics. With an increase in new listings and a balanced market condition, it is essential to present homes attractively to stand out among the growing inventory.