Toronto Regional Real Estate Board Reports Balanced Market in June 2026

Toronto Regional Real Estate Board — June 2026

In June 2026, the Toronto Regional Real Estate Board reports a composite benchmark price of $712,600, with an average price of $673,398. Total sales reached 55, while new listings increased to 169, resulting in a balanced market condition.

Market Analysis

The Toronto real estate market in June 2026 demonstrates balanced conditions, with a months of inventory (MOI) at 5.1, indicating a stable supply relative to demand. The total sales of 55 reflect a decrease from 62 in May, while new listings rose significantly from 134 to 169, suggesting an increase in supply that may help to moderate price declines. The average price has decreased by 7.6% year-over-year, indicating ongoing adjustments in buyer sentiment and market dynamics.

Property Type Analysis

Currently, detailed breakdowns for specific property types such as detached, attached/townhouse, and apartments are not available. However, the overall market trends suggest that all property types may be experiencing similar pressures, with the average price decline indicating a broad adjustment across the market.

Regional Highlights

Regionally, the increase in active listings to 281 from 258 in May reflects a growing inventory, which may provide more options for buyers. The sales-to-new-listings ratio (SNLR) stands at 32.5%, indicating a balanced market where supply and demand are relatively aligned, although the lower sales figures suggest cautious buyer activity.

For Buyers

For prospective buyers, this period presents an opportunity to explore a wider range of listings due to increased inventory. Buyers are encouraged to conduct thorough market research and consider their long-term needs, as prices are currently adjusting, providing potential for negotiation.

For Sellers

Sellers should be mindful of the current market dynamics, particularly the increase in active listings. To attract buyers, pricing strategies should reflect current market conditions, and homes should be presented in optimal condition to stand out in a competitive landscape.