Toronto Regional Real Estate Board Reports June 2026 Market Trends: Prices Decline Amid Increased Listings

Toronto Regional Real Estate Board — June 2026

In June 2026, the Toronto Regional Real Estate Board reports a composite benchmark price of $759,900, reflecting a 7.9% decrease year-over-year. The market sees a total of 57 sales and 132 new listings, indicating a shift in supply dynamics.

Market Analysis

The Toronto real estate market continues to exhibit signs of a seller's market, with a sales-to-new-listings ratio (SNLR) of 43.2%. This figure suggests that while new listings are entering the market, demand has not kept pace, leading to a total of 194 active listings and a months of inventory (MOI) of 3.4. Compared to May 2026, where the MOI was 4.9, the market is tightening slightly, indicating a potential shift in buyer sentiment as prices decline.

Property Type Analysis

Currently, detailed data on property types such as detached homes, attached/townhouses, and apartments is not available for June 2026. However, the overall market trend indicates a decrease in average prices, which may affect all property types differently. Buyers may find better opportunities in specific segments as sellers adjust their pricing strategies to attract interest.

Regional Highlights

Regionally, the increase in new listings to 132 from 39 in May 2026 suggests that sellers are becoming more active in the market, possibly responding to the declining prices. This influx of listings may provide buyers with more options, although the overall price decline indicates a cautious approach from potential buyers who may be waiting for further price adjustments.

For Buyers

For buyers, the current market conditions present an opportunity to negotiate better terms due to the increased inventory and declining prices. It is advisable to conduct thorough research and consider properties that may have been previously out of reach, as sellers may be more willing to entertain offers.

For Sellers

Sellers are encouraged to price their properties competitively in light of the current market dynamics. With an increase in active listings, it is crucial to highlight unique features and maintain flexibility in negotiations to attract potential buyers.