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 $751,000, with an average price of $832,113. Total sales reached 78, marking an increase from 59 sales in May, while new listings rose to 199.

Market Analysis

The Toronto real estate market remains balanced as of June 2026, with a months of inventory (MOI) at 5.5, indicating a stable supply relative to demand. The sales-to-new-listings ratio (SNLR) stands at 39.2%, reflecting a moderate pace of sales compared to the number of new listings entering the market. This balance suggests that neither buyers nor sellers hold a distinct advantage, allowing for a more stable pricing environment despite a year-over-year price decline of 5.8%.

Comparing to the previous month, total sales increased significantly from 59 in May to 78 in June, while active listings rose slightly from 415 to 427. This uptick in sales alongside a modest increase in active listings indicates a growing buyer interest, which may help stabilize prices in the coming months as the market continues to adjust.

Property Type Analysis

Currently, detailed property type breakdowns are not available for detached, attached/townhouse, or apartment categories. However, the overall market dynamics suggest that buyers are likely exploring various property types, given the balanced conditions and the increase in new listings. As the market evolves, it will be crucial to monitor how different segments respond to the current pricing trends and inventory levels.

Regional Highlights

Regionally, the Toronto area continues to experience fluctuations in demand, with new listings outpacing sales in some neighborhoods. This trend may vary across different districts, as certain areas may still see competitive bidding while others stabilize. The overall decline in prices year-over-year suggests that buyers are becoming more discerning, which could lead to a shift in how properties are marketed and priced in the future.

For Buyers

For prospective buyers, this balanced market presents an opportunity to negotiate more favorable terms. With an increase in new listings and a stable inventory level, buyers should take the time to explore various options and consider making offers that reflect current market conditions, rather than previous highs.

For Sellers

Sellers are advised to price their properties competitively in light of the current market dynamics. With a slight decline in prices year-over-year, it is essential to present homes attractively and be prepared for negotiations, as buyers are increasingly cautious and informed.