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 $1,233,500, with an average price of $1,087,134. Total sales increased to 16 from 13 in January, while active listings decreased to 48, indicating a shift in market dynamics.

Market Analysis

The Toronto real estate market is currently experiencing conditions favorable to sellers, as indicated by a sale-to-new-listing ratio (SNLR) of 59.3%. With only 3.0 months of inventory available, the market remains competitive, despite a year-over-year price decline of 14.3%. The increase in total sales from January to February suggests that buyer interest is gradually returning, although the overall market remains sensitive to price adjustments.

Property Type Analysis

Due to the lack of specific sales data for different property types this month, a detailed comparison cannot be made. However, the overall market trend indicates a preference for properties that are competitively priced, as buyers are likely to be more discerning in their choices given the current economic climate.

Regional Highlights

Regionally, the decrease in active listings from 54 in January to 48 in February suggests a tightening supply, which could lead to upward pressure on prices if demand continues to rise. The market's dynamics are shifting, and this could signal a potential stabilization in the coming months if the trend of increasing sales persists.

For Buyers

Buyers are advised to act strategically in the current market, focusing on properties that are well-priced and meet their needs. Given the competitive nature of the market, securing financing ahead of time and being prepared to make quick decisions will be crucial.

For Sellers

Sellers should consider pricing their properties competitively to attract potential buyers in this seller-favorable market. With a decreasing number of active listings, presenting a well-maintained home and being flexible with negotiations can enhance the chances of a successful sale.