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 $959,000, down 6.6% from the previous year. Total sales reached 32, with new listings increasing to 86, reflecting a competitive market for sellers.

Market Analysis

The Toronto real estate market continues to show signs of adjustment as the composite benchmark price decreased to $959,000 in June 2026. This decline of 6.6% year-over-year indicates a cooling market, influenced by a modest increase in active listings, which now total 124. The months of inventory stands at 3.9, suggesting that while demand remains, the supply is beginning to catch up, creating a more balanced environment for buyers and sellers alike.

With a sales-to-new-listings ratio (SNLR) of 37.2%, the market still favors sellers, although the lower sales figures—down from 34 in May 2026—indicate a potential shift in buyer sentiment. The increase in new listings to 86 suggests that sellers are responding to market conditions, aiming to capitalize on current demand before prices potentially decline further.

Property Type Analysis

Data on specific property types remains unavailable for June 2026; however, the overall market dynamics suggest that detached homes, townhouses, and apartments may all be experiencing similar trends. Given the overall decline in prices and the increase in inventory, buyers across all segments may find opportunities to negotiate better terms as the market stabilizes.

As the market evolves, it will be essential for buyers to closely monitor the performance of different property types, as variations in demand and supply may lead to differing price movements within each category.

Regional Highlights

Regionally, the Toronto area continues to experience fluctuations in real estate activity. The increase in new listings indicates a response to the changing market conditions, with sellers looking to take advantage of the current demand. However, the overall decline in prices may lead to a more cautious approach from potential buyers, who may be waiting for further price adjustments before making commitments.

For Buyers

For buyers, this period presents an opportunity to explore the market with a wider selection of properties available. With the current months of inventory at 3.9, buyers are encouraged to conduct thorough research and consider negotiating offers, as sellers may be more willing to entertain lower bids amidst the declining price trend.

For Sellers

Sellers should remain proactive in pricing their properties competitively, given the current market conditions. With an increase in new listings, it is crucial to present homes in the best possible light and to be prepared for negotiations, as buyers may be more discerning in their choices.