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 $882,900 and an average price of $1,004,240. Total sales increased to 23, while new listings rose to 46, indicating a shift in market dynamics.

Market Analysis

The Toronto real estate market is currently experiencing conditions favorable to sellers, with a sales-to-new-listings ratio (SNLR) of 50.0%. The months of inventory stands at 3.6, suggesting that while supply is increasing, demand is also responding positively. The average price has decreased by 5.2% year-over-year, indicating a cooling trend compared to previous periods, but the increase in total sales from 17 in January to 23 in February suggests renewed interest among buyers.

Property Type Analysis

Data for specific property types such as detached homes, attached/townhouses, and apartments is not available this month. However, the overall market dynamics indicate that all property types may be experiencing similar trends, with the increase in new listings potentially benefiting buyers across the board as they have more options to consider.

Regional Highlights

Regionally, the increase in new listings to 46 from 34 in January indicates that sellers are becoming more active in the market. This uptick in supply, combined with a modest increase in sales, may lead to a more balanced market in the coming months. The active listings have slightly decreased from 85 in January to 82 in February, reflecting a competitive environment despite the overall increase in listings.

For Buyers

Buyers are encouraged to take advantage of the increased inventory and the current market conditions. With a variety of new listings available, it is advisable to conduct thorough research and consider negotiating on price, especially in light of the recent price adjustments.

For Sellers

Sellers should be aware of the current market dynamics and price their properties competitively to attract buyers. With the SNLR at 50.0%, it is crucial to present homes in excellent condition and consider strategic marketing efforts to stand out in a growing pool of listings.