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 $930,100, with an average price of $998,096. Total sales for the month reached 24, while new listings increased to 76, contributing to a balanced market condition.

Market Analysis

The Toronto real estate market in June 2026 exhibits balanced conditions, with a months of inventory (MOI) at 5.6, indicating a stable supply relative to demand. The sales-to-new-listings ratio (SNLR) stands at 31.6%, suggesting that while demand remains steady, it has not outpaced the influx of new listings. This balance is reflected in the slight year-over-year price increase of 1.0%, highlighting a resilient market despite fluctuations in sales volume compared to the previous month.

Property Type Analysis

Data on specific property types remains unavailable for June 2026; however, the overall market dynamics suggest that detached homes may continue to face pressure due to limited inventory and higher price points. Conversely, attached and apartment properties may attract more interest as buyers seek affordability in a balanced market environment.

Regional Highlights

Regionally, the increase in active listings to 134 from 121 in May indicates a growing supply, which may provide buyers with more options moving forward. This trend aligns with the overall balanced market condition, as the number of new listings outpaces the decline in sales from 33 in May to 24 in June, suggesting a shift in market dynamics that could favor buyers in the coming months.

For Buyers

Prospective buyers are encouraged to take advantage of the current balanced market by exploring various property types and neighborhoods. With a higher number of active listings, buyers have the opportunity to negotiate better terms and prices, especially as inventory levels rise.

For Sellers

Sellers should remain aware of the current market conditions and consider pricing their properties competitively to attract potential buyers. With an increase in new listings, it is crucial to present homes in the best possible light and be prepared for negotiations, as buyers may have more options to choose from.