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 $777,700 and an average price of $922,221. Total sales reached 34, with new listings at 88 and active listings at 153, indicating a balanced market condition.

Market Analysis

The Toronto real estate market in February 2026 demonstrates a balanced condition, with months of inventory at 4.5, down from 5.2 in January. The sales-to-new-listings ratio (SNLR) stands at 38.6%, suggesting that while demand is stable, it remains below the threshold indicative of a seller's market. The average price has decreased by 11.2% year-over-year, reflecting ongoing adjustments in buyer sentiment and market dynamics.

With total sales increasing from 28 in January to 34 in February, there is a slight uptick in activity. However, the overall number of active listings has also risen, providing buyers with more options. This increase in inventory, coupled with a decrease in prices, indicates that buyers are exercising more choice and negotiating power in 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 trends suggest that all property types may be experiencing similar pressures, with price adjustments and inventory levels affecting buyer interest across the board. The balanced market condition indicates that buyers are likely to find opportunities in various segments of the market as they navigate their options.

Regional Highlights

Regionally, the Toronto market continues to reflect broader economic trends, with a stable supply of new listings contributing to the balanced market condition. The increase in active listings from 146 in January to 153 in February may signal a response from sellers to current market conditions, as they seek to capitalize on buyer interest despite the overall price decline. This trend is crucial for maintaining equilibrium in the market as it adapts to shifting buyer preferences and economic factors.

For Buyers

For buyers, February presents an opportunity to enter the market with a wider selection of properties available. With prices down 11.2% year-over-year, potential buyers may find favorable conditions for negotiation. It is advisable for buyers to conduct thorough market research and consider their long-term goals, as the current balanced market may provide advantageous purchasing opportunities.

For Sellers

Sellers should be aware of the current market dynamics and the importance of pricing their properties competitively. With an increase in active listings, it is essential to present homes attractively and be prepared for negotiations. Sellers are encouraged to work closely with their real estate professionals to develop effective marketing strategies that highlight their property's unique features in a balanced market.