Toronto Regional Real Estate Board Reports February 2026 Market Trends

Toronto Regional Real Estate Board — February 2026

In February 2026, the Toronto Regional Real Estate Board reports a composite benchmark price of $688,800 and an average price of $780,020. Total sales increased to 21, while new listings rose to 60, contributing to an active listing count of 139.

Market Analysis

The Toronto real estate market continues to show signs of a buyer's market, with a sales-to-new-listings ratio (SNLR) of 35.0%. This indicates that while new listings are entering the market, buyer activity remains subdued. The months of inventory stands at 6.6, suggesting that it would take over six months to sell the current inventory at the current sales pace, which is indicative of a balanced market leaning towards buyers. Year-over-year, the average price has decreased by 8.1%, reflecting ongoing adjustments in buyer sentiment and market conditions.

Property Type Analysis

Due to the absence of specific data for property types in February, a detailed comparison cannot be provided. However, the overall market dynamics suggest that demand for various property types may be impacted by the current economic climate and buyer preferences, which are shifting towards more affordable options. As the market evolves, it will be important to monitor how different property types respond to these conditions.

Regional Highlights

Regionally, the increase in new listings to 60 indicates a growing supply, which may provide buyers with more options as they navigate the market. The slight rise in active listings from 127 in January to 139 in February further supports the notion that sellers are becoming more willing to list their properties, potentially in response to the current market conditions. This trend may lead to increased competition among sellers, influencing pricing strategies moving forward.

For Buyers

Buyers are encouraged to take advantage of the current market conditions, as the increased inventory provides a wider selection of properties. With prices showing a year-over-year decline, buyers may find opportunities to negotiate more favorable terms. It is advisable for buyers to remain informed about market trends and to work closely with a real estate professional to identify properties that meet their needs.

For Sellers

Sellers should be mindful of the current buyer's market and the increased competition from new listings. To attract potential buyers, it is essential to price properties competitively and consider staging to enhance appeal. Sellers are also encouraged to be flexible with negotiations, as buyers may be looking for value in a market characterized by declining prices.