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 $829,400, with an average price of $796,624. Total sales reached 78, while new listings increased to 242, contributing to a balanced market condition.

Market Analysis

The Toronto real estate market remains balanced as of June 2026, with a months of inventory (MOI) at 5.2, indicating a stable supply relative to demand. The slight decrease in the composite benchmark price by 1.7% year-over-year reflects ongoing adjustments in buyer preferences and market dynamics. With a sales-to-new-listings ratio (SNLR) of 32.2%, the market shows a healthy level of activity, although total sales have slightly decreased from 79 in May 2026 to 78 in June.

Property Type Analysis

Currently, specific benchmark prices and sales data for property types such as detached homes, attached/townhouses, and apartments are not available. However, the overall market trend suggests that buyers are exploring a variety of property types, likely influenced by affordability and lifestyle preferences. The balanced market condition indicates that all property types may experience similar competitive dynamics as buyers assess their options.

Regional Highlights

Regionally, the increase in new listings to 242 indicates a growing willingness among homeowners to enter the market, potentially driven by favorable economic conditions. Active listings have also risen to 407, providing buyers with more choices, which is essential in a balanced market. This trend suggests that sellers may need to be strategic in pricing to attract buyers in a competitive landscape.

For Buyers

For buyers, the current market presents an opportunity to explore various properties with an increasing number of listings. It is advisable to conduct thorough research and consider all available options, as the balanced market allows for negotiation on price and terms. Engaging with a knowledgeable real estate agent can provide valuable insights into the best opportunities.

For Sellers

Sellers should be mindful of the current market dynamics and the slight decline in prices year-over-year. To attract buyers in this balanced market, it is crucial to price properties competitively and present them well. Additionally, being flexible with terms can enhance appeal and facilitate a quicker sale.