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 $1,132,200 and an average price of $1,185,018. Total sales reached 333, with new listings at 854, indicating a balanced market condition.

Market Analysis

The Toronto real estate market in June 2026 demonstrates a balanced condition, characterized by a months of inventory (MOI) of 4.0. This figure suggests that the supply of homes is keeping pace with demand, as the sales-to-new-listings ratio (SNLR) stands at 39.0%. While the average price reflects a year-over-year decline of 6.0%, the increase in total sales from 313 in May to 333 in June indicates a slight uptick in buyer activity, suggesting that the market may be stabilizing after recent fluctuations.

Property Type Analysis

Currently, detailed breakdowns for property types such as detached, attached/townhouse, and apartments are not available. However, the overall market dynamics indicate that buyers are likely exploring a range of options, with the balanced market condition encouraging varied property type engagement. The absence of specific benchmark prices for property types suggests a need for further data collection to better understand trends within these categories.

Regional Highlights

Regionally, the increase in new listings to 854 points to a growing willingness among sellers to enter the market, which could further influence price stabilization. The active listings total 1,344, reflecting a healthy inventory level that allows buyers to explore multiple options without excessive competition, a factor that could contribute to the balanced market condition observed this month.

For Buyers

For prospective buyers, the current balanced market presents an opportunity to negotiate favorable terms. With a variety of listings available and a moderate sales pace, buyers are encouraged to conduct thorough research and consider their options carefully before making a purchase.

For Sellers

Sellers should be aware of the current market dynamics and price their properties competitively to attract potential buyers. Given the balanced nature of the market, presenting homes in optimal condition and being flexible with negotiations can enhance the likelihood of a successful sale.