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 sees a composite benchmark price of $809,800, reflecting a 7.5% decrease year-over-year. Total sales rise to 77, up from 53 in January, while active listings increase slightly to 294.

Market Analysis

The Toronto real estate market is currently characterized as a seller's market, with a sales-to-new-listings ratio (SNLR) of 47.5%. This indicates that while new listings have increased to 162, demand remains strong enough to absorb inventory quickly, resulting in a months of inventory (MOI) of 3.8. Compared to January's MOI of 5.4, the market is tightening, suggesting that buyers are becoming more competitive in their purchasing decisions.

Despite the increase in sales from January to February, the average price of homes in the region stands at $915,309, which is indicative of a broader trend of price adjustments in the market. The year-over-year price decline of 7.5% signals that while activity is picking up, buyers are still facing challenges related to affordability and economic conditions, which may be impacting their purchasing power.

Property Type Analysis

Currently, detailed breakdowns for property types such as detached homes, attached/townhouses, and apartments are not available. However, the overall market dynamics suggest that demand may vary across different property types, with potential buyers focusing on more affordable options amidst the current economic climate.

As the market continues to evolve, it will be important to monitor how different segments respond to the increasing inventory and changing price landscape, particularly as new listings come onto the market.

Regional Highlights

Regionally, the Toronto area is experiencing an uptick in new listings, which may provide buyers with more options in the coming months. The increase in active listings to 294 indicates that sellers are responding to market conditions by listing their properties, potentially leading to a more balanced market if demand continues to stabilize.

For Buyers

Buyers are advised to remain vigilant and act quickly when they find a property that meets their needs, as the current market conditions suggest that homes are being absorbed at a faster pace. It is also wise to consider pre-approval for financing to enhance negotiating power and ensure readiness to make competitive offers.

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 the increase in new listings, it is crucial to differentiate properties through effective marketing strategies to stand out in a growing pool of available homes.