Toronto Regional Real Estate Board Reports Balanced Market in July 2026

Toronto Regional Real Estate Board — July 2026

In July 2026, the Toronto Regional Real Estate Board reports a composite benchmark price of $1,128,500, with an average price of $1,144,631. Total sales decreased to 272, while new listings rose to 647, indicating a balanced market condition.

Market Analysis

The Toronto real estate market in July 2026 showcases a balanced condition, characterized by a months of inventory (MOI) of 4.7. This is a slight increase from June's MOI of 4.0, reflecting a gradual shift in supply dynamics as new listings outpace sales. With a sales-to-new-listings ratio (SNLR) of 42.0%, the market is maintaining equilibrium, although the average price has seen a year-over-year decline of 5.5%. This suggests that while demand remains stable, buyers are exercising caution in their purchasing decisions, leading to a moderation in price growth.

Property Type Analysis

While specific benchmark prices and sales figures for property types such as detached, attached/townhouses, and apartments are not available, the overall market trends indicate that demand may be shifting among these categories. The balanced market condition suggests that buyers have a variety of options across different property types, which may influence pricing strategies for sellers in these segments.

Regional Highlights

Regionally, the increase in new listings to 647 indicates a growing supply, which may help to alleviate some of the upward pressure on prices. However, the total sales figure of 272 reflects a decrease compared to June's 333 sales, suggesting that buyers are becoming more selective. This trend may be attributed to economic factors and changing buyer preferences, which could continue to shape the market in the coming months.

For Buyers

For buyers, this balanced market presents an opportunity to negotiate and explore various property types without the urgency often seen in more competitive markets. With a healthy inventory of 1,277 active listings, buyers are encouraged to conduct thorough research and consider their options carefully to find properties that meet their needs.

For Sellers

Sellers should be mindful of the current market dynamics, particularly the increase in active listings and the year-over-year price decline. To attract potential buyers, it is advisable to price properties competitively and ensure they are presented well. Engaging with a knowledgeable real estate professional can provide valuable insights into effective marketing strategies in this balanced market.