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 $800,700, reflecting a 10.0% decrease year-over-year. Total sales increased to 21 from 14 in January, while active listings rose to 114, contributing to a balanced market condition.

Market Analysis

The Toronto real estate market in February 2026 demonstrates balanced conditions, with a months of inventory (MOI) at 5.4. This is a notable decrease from January's MOI of 7.6, indicating a slight improvement in sales activity relative to new listings. The sales-to-new-listings ratio (SNLR) stands at 33.9%, suggesting that while demand is steady, it remains below the levels seen in more competitive markets. The average price of $845,976 indicates a robust market, even as prices reflect a year-over-year decline of 10.0%.

Property Type Analysis

Due to the lack of specific data on property types for February, a detailed comparison cannot be made. However, the overall market dynamics suggest that demand for various property types may vary, with potential buyers likely focusing on affordability given the current price trends.

Regional Highlights

Regionally, the increase in active listings to 114 suggests that sellers are responding to market conditions by bringing more properties to market. This influx of listings may provide buyers with more options, contributing to the balanced market environment observed this month. The overall market activity indicates a cautious optimism among buyers and sellers alike as they navigate the current economic landscape.

For Buyers

Potential buyers are encouraged to take advantage of the increased inventory levels, as this may provide more opportunities to negotiate favorable terms. With prices showing a year-over-year decline, it may be an opportune time to enter the market, particularly for first-time buyers or those looking to upgrade.

For Sellers

Sellers should remain mindful of the current market conditions, as the increase in active listings may lead to more competition. Pricing properties competitively will be crucial in attracting buyers, especially in a market where prices have declined. Working with a knowledgeable real estate professional can help sellers navigate these dynamics effectively.