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 composite benchmark price of $1,167,400, with an average price of $1,143,483. Total sales increased to 37, while new listings rose to 110, indicating a shift in market dynamics.

Market Analysis

The Toronto real estate market is currently experiencing a seller's market, characterized by a sales-to-new-listings ratio (SNLR) of 33.6%. This indicates that while new listings have increased, the total sales have not kept pace, resulting in a months of inventory (MOI) of 3.7, which suggests a tighter supply relative to demand. Compared to January 2026, where the MOI was higher at 5.2, the current figures indicate a gradual tightening of the market as more buyers enter the fray, albeit at a slower pace than previous years.

Property Type Analysis

Due to the unavailability of specific benchmark prices and sales data for detached, attached/townhouse, and apartment properties, a detailed comparison across property types cannot be provided. However, the overall market dynamics suggest that demand remains relatively strong for all types, as evidenced by the increase in new listings and sales activity compared to the previous month.

Regional Highlights

Regionally, the increase in new listings to 110 from 114 in January indicates a slight uptick in supply, yet the total sales have shown a notable improvement from 22 in January to 37 in February. This trend highlights a growing interest among buyers, which may be influenced by seasonal factors as the market begins to warm up in anticipation of spring.

For Buyers

Potential buyers are encouraged to act swiftly in the current market, as the increase in new listings may create more competition. With the current average price at $1,143,483, buyers should be prepared to make informed decisions and possibly act quickly to secure their desired properties.

For Sellers

Sellers should take advantage of the current seller's market by pricing their homes competitively and ensuring they are well-presented to attract potential buyers. With a relatively low months of inventory at 3.7, now is an opportune time to list properties to maximize exposure and potential sale price.