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 $699,600 and an average price of $750,283. Total sales reached 30, while new listings increased to 79, indicating a modest uptick in market activity compared to January.

Market Analysis

The Toronto real estate market in February 2026 reflects a balanced condition, with months of inventory at 4.0, down from 7.2 in January. This decrease in months of inventory suggests a tightening supply relative to demand, as total sales have nearly doubled from 18 in January to 30 in February. The sales-to-new-listings ratio (SNLR) stands at 38.0%, indicating that a significant portion of new listings is being absorbed by buyers, further supporting a balanced market environment.

Despite the increase in sales, the average price has seen a year-over-year decline of 9.1%. This trend highlights the ongoing adjustments in pricing as the market stabilizes after previous fluctuations. The current average price of $750,283 reflects a cautious approach from buyers, who are likely weighing their options amid changing economic conditions and interest rates.

Property Type Analysis

Currently, detailed breakdowns for property types such as detached, attached/townhouse, and apartments are not available. However, the overall market dynamics suggest that buyers are focusing on affordability, which may influence the types of properties being sold. The absence of specific benchmark prices for these categories indicates a need for further analysis as the market evolves.

As the market continues to stabilize, it will be essential to monitor how different property types respond to the current economic environment, particularly in terms of pricing and sales activity.

Regional Highlights

Regionally, the increase in new listings to 79 indicates a potential shift in seller confidence, which could lead to more options for buyers in the coming months. The active listings count of 119 suggests that while inventory remains relatively stable, the market is beginning to see more engagement from both buyers and sellers. This trend may provide opportunities for negotiation as buyers have more choices available.

For Buyers

For buyers, February's balanced market presents a favorable opportunity to explore various listings without the pressure of a highly competitive environment. With an increase in new listings, buyers are encouraged to conduct thorough research and consider their options carefully, especially in light of the current average price and overall market conditions.

For Sellers

Sellers should take note of the rising number of new listings and the balanced market condition. Pricing homes competitively will be crucial to attract potential buyers, especially as the market adjusts to recent price declines. Engaging with a knowledgeable real estate professional can help sellers navigate this landscape effectively.