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 $903,500 and an average price of $926,463. Total sales increased to 27, up from 16 in January, while active listings rose to 110.

Market Analysis

The Toronto real estate market is currently exhibiting balanced conditions, with a sales-to-new-listings ratio (SNLR) of 35.1%. This indicates that while demand is present, it is not overwhelming the supply, as evidenced by the 4.1 months of inventory available. Compared to January's 6.3 months of inventory, the market is tightening, suggesting a potential shift towards more competitive conditions in the coming months.

Despite the increase in sales from January to February, the year-over-year price change reflects a decline of 9.5%. This suggests that while the market is stabilizing, prices are still adjusting downward from previous highs. The increase in new listings to 77 also indicates that sellers are responding to the current market dynamics, potentially seeking to capitalize on the uptick in buyer activity.

Property Type Analysis

Currently, specific benchmark prices and sales data for detached, attached/townhouse, and apartment properties are not available. However, the overall market trends indicate that buyers are showing interest across various property types, which may lead to differing performance metrics as the market continues to evolve.

As the market remains balanced, it is crucial for potential buyers and sellers to stay informed about the specific dynamics affecting their desired property types, as these can vary significantly even within the same region.

Regional Highlights

Regionally, the increase in active listings to 110 suggests that sellers are becoming more optimistic about the market, potentially leading to a more diverse selection for buyers. The balanced market conditions may also encourage more first-time buyers to enter the market, as the pressure of rapidly rising prices appears to have eased somewhat.

Overall, the Toronto real estate market is navigating a period of adjustment, with both buyers and sellers adapting to the current landscape. The stabilization in sales activity and inventory levels may signal a more sustainable market moving forward.

For Buyers

For buyers, this is a favorable time to enter the market, given the balanced conditions and increased inventory. It is advisable to conduct thorough research and consider various property types, as the current market offers a range of options that may suit different needs and budgets.

For Sellers

Sellers should take advantage of the current uptick in buyer activity by pricing their properties competitively and ensuring they are well-presented. With 77 new listings in February, it is essential to differentiate your property to attract potential buyers in a balanced market.