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 $730,800 and an average price of $697,472. Total sales increased to 48, while new listings rose to 111, contributing to a balanced market condition.

Market Analysis

The Toronto real estate market in February 2026 demonstrates a balanced condition, with a sales-to-new-listings ratio (SNLR) of 43.2%. This indicates that while demand is steady, the supply of new listings is keeping pace, leading to a months of inventory (MOI) of 4.1. Compared to January 2026, where the MOI was higher at 5.3, the market is showing signs of increased activity as sales have risen from 36 to 48 over the month.

Property Type Analysis

Due to the lack of specific data on property types for February 2026, a comprehensive analysis is not available. However, the overall market trends suggest that both detached and attached properties may be experiencing similar dynamics as the average price has seen a year-over-year decline of 9.8%. This decline may influence buyer preferences, potentially shifting interest towards more affordable options.

Regional Highlights

Regionally, the increase in new listings to 111 indicates a response to the current market conditions, allowing buyers more options. The total active listings have also increased slightly to 197, which supports the balanced market narrative, providing a stable environment for both buyers and sellers.

For Buyers

For buyers, the current balanced market presents an opportunity to explore a variety of listings without the pressure of a highly competitive environment. With prices showing a year-over-year decline, potential buyers may find favorable conditions to negotiate.

For Sellers

Sellers should be mindful of the current market dynamics and the increase in active listings. Pricing homes competitively will be crucial to attract buyers, especially in a market where the average price has decreased. Engaging with a knowledgeable real estate professional can help in setting the right price and marketing strategy.