Toronto Regional Real Estate Board Reports Balanced Market in July 2026

Toronto Regional Real Estate Board — July 2026

In July 2026, the Toronto Regional Real Estate Board reports a composite benchmark price of $1,021,600 and an average price of $1,077,563. Total sales decreased to 32, while new listings rose to 91, indicating a balanced market condition.

Market Analysis

The Toronto real estate market in July 2026 shows signs of balance, with a months of inventory (MOI) at 5.2, up from 3.2 in June 2026. This increase in inventory suggests that buyers have more options available, which may contribute to the slight year-over-year price decline of 2.1%. The sales-to-new-listings ratio (SNLR) stands at 35.2%, reflecting a moderate demand relative to the number of new listings entering the market.

Property Type Analysis

Currently, detailed breakdowns of property types are not available, but the overall market dynamics indicate that both buyers and sellers are adjusting to the current conditions. The absence of specific data for detached, attached, and apartment properties suggests that trends may vary significantly across these categories, warranting further analysis as more data becomes available.

Regional Highlights

Regionally, the increase in new listings to 91 indicates that sellers are responding to the current market conditions, potentially leading to more competitive pricing. The total active listings remain relatively stable at 166, suggesting that while new inventory is entering the market, it is not resulting in a significant increase in overall supply.

For Buyers

For buyers, the current balanced market presents an opportunity to negotiate better terms, as the increase in inventory provides more choices. It is advisable for buyers to conduct thorough market research and consider properties that meet their needs without rushing into decisions.

For Sellers

Sellers should be mindful of the current market dynamics and price their properties competitively to attract potential buyers. With a balanced market and increasing inventory, it is crucial to present homes in the best possible condition and be prepared for negotiations.