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 $929,400 and an average price of $1,181,363. Total sales increased to 19 from 8 in January, while new listings rose to 59, contributing to a balanced market condition.

Market Analysis

The Toronto real estate market shows signs of stabilization in February 2026, with a balanced market condition reflected in the months of inventory at 4.3. This is a significant decrease from January's 8.3 months of inventory, indicating a tightening supply relative to demand. The sales-to-new-listings ratio (SNLR) stands at 32.2%, suggesting that while sales are improving, they still represent a modest portion of the new listings entering the market.

Property Type Analysis

Currently, detailed breakdowns for property types such as detached, attached/townhouses, and apartments are not available. However, the overall market dynamics indicate a balanced environment, which may affect all property types similarly as buyers and sellers adjust to current conditions.

Regional Highlights

Regionally, the market reflects a year-over-year price decline of 10.7%, which may influence buyer sentiment and purchasing power. The increase in active listings to 81 suggests that sellers are responding to market conditions, providing more options for prospective buyers.

For Buyers

Buyers are encouraged to take advantage of the current balanced market conditions, as the increase in active listings may provide more choices and negotiating power. It is advisable to conduct thorough market research and consider properties that meet their needs while remaining within budget.

For Sellers

Sellers should remain aware of the current market dynamics, including the year-over-year price decline. Pricing properties competitively and ensuring they are in good condition can attract buyers in a market where inventory is increasing. Engaging with a real estate professional can provide valuable insights into effective pricing strategies.