Toronto Regional Real Estate Board Reports February 2026 Market Trends

Toronto Regional Real Estate Board — February 2026

In February 2026, the Toronto real estate market shows a balanced condition with a composite benchmark price of $730,000 and an average price of $727,193. Total sales reached 30, while new listings increased to 64, contributing to active listings of 138.

Market Analysis

The Toronto real estate market remains balanced as of February 2026, with a sales-to-new-listings ratio (SNLR) of 46.9%. This indicates that while demand is stable, it is not outpacing supply significantly. The months of inventory stands at 4.6, suggesting that the market has enough supply to meet current demand, which is a shift from the tighter conditions seen in previous years. Year-over-year, the average price has decreased by 15.0%, reflecting broader economic trends and buyer sentiment in the region.

Property Type Analysis

Currently, detailed breakdowns of property types are not available for February 2026. However, the overall market dynamics suggest that detached homes, townhouses, and apartments may be experiencing varied levels of interest and pricing pressures, influenced by changing buyer preferences and economic conditions. The lack of specific data on property types indicates a need for further analysis as the market evolves.

Regional Highlights

Regionally, the increase in new listings to 64 indicates a potential easing of competition among buyers, which may provide more options for those looking to purchase. The slight decrease in total sales from 32 in January to 30 in February suggests that buyers are taking a more cautious approach, likely influenced by the significant year-over-year price decline. This trend may continue as buyers reassess their purchasing power and investment strategies in the current economic climate.

For Buyers

For prospective buyers, the current balanced market presents an opportunity to explore various listings without the pressure of rapid bidding wars. Buyers are encouraged to conduct thorough research and consider their long-term goals, as the market may offer favorable conditions for negotiation on price and terms.

For Sellers

Sellers should be mindful of the current market dynamics and the 15.0% year-over-year price decline. It is advisable to price properties competitively and be prepared for negotiations, as the increase in active listings may lead to more choices for buyers. Highlighting unique features and maintaining property appeal can help attract potential buyers in this balanced market.