Toronto Real Estate Market – February 2026

January results show sharp inventory gains, weakened sales, and declining prices. Market conditions are tilting in favour of buyers.

11 min readBōde Marketing Team

Real Estate Market Report | Toronto | February 2026

Inventory Spike Drives Broad Price Reset

Uncertain economy? Perfect time to stop gambling with your biggest asset. Bōde sellers keep tens of thousands more than traditional sellers, guaranteed pricing, maximum control, zero surprises.

Your free Homeowner Dashboard shows you what your home is worth today. Bōdie answers every question you have about what to do next. Real data + instant expert answers = confident decisions.

So what's happening in the Toronto real estate market as of February 2026?

January data confirms meaningful cooling. New listings are 11 percent above the five year January average, while sales are down 26 percent. Inventory has climbed 44 percent, pushing months of supply up 71 percent. The overall benchmark price is $924,100, down 3.84 percent month over month and 3.75 percent year over year. Elevated supply and weaker absorption are now translating into measurable pricing pressure as the market resets from prior peak conditions.

Toronto's Detached Homes

Detached conditions show expanding supply and selective demand. New listings are 18 percent above the five year January average, while sales are down 18 percent. Inventory has risen 59 percent, increasing months of supply by 82 percent. The benchmark price is $1,456,600, up 2.92 percent month over month but down 2.38 percent year over year. Short term price strength contrasts with softer annual performance, reflecting volatility at higher price tiers.

Toronto's Condominums

Condominium activity reflects the sharpest slowdown. New listings are 8 percent above the five year January average, while sales have dropped 33 percent. Inventory is up 37 percent, pushing months of supply 70 percent higher. The benchmark price is $560,200, down 4.72 percent month over month and 8.55 percent year over year. This segment continues to absorb the bulk of demand contraction, with pricing adjusting more rapidly than other property types.

Toronto's Semi-Detached Homes

Semi detached homes show relative stability. New listings are 8 percent above the five year January average, while sales are down 15 percent. Inventory has increased 45 percent, and months of supply is up 60 percent. The benchmark price is $1,142,700, rising 2.13 percent month over month but down 0.72 percent year over year. While supply growth is notable, pricing has remained comparatively resilient within this mid market segment.

It’s critical to understand the dynamics in your local property market

To understand best, you need relevant data based on your home.  No tool available can do that better than Bōde’s homeowner dashboard.  To get yours, click here

Ready to Sell Your Home easily?

Welcome to Bōde

Bōde has created a marketplace to allow you to get transparent home data,  set your price, and list your home on MLS® (and 1000+ more sites). We will advertise your home and walk you through the whole sale process for $949 at listing or 1% up to a maximum of $10K, only when the home sells.

Looking to buy? Bōde empowers buyers to purchase any Bōde property – for no charge.

With your free Bōde account, you are completely in charge of your home sale or purchase and get to keep more of the money you invested in your home!

Get started at bode.ca

Why Bōde?

What homeowners are saying about Bōde

Ask Bōdie

Go Deeper on This Topic

Bōdie is your access to Bōde AI, providing contextual guidance and seamless connection to our experts when needed.

Welcome to Bōde

Real Estate’s New State

Bōde is a licensed real estate platform operating in Alberta, BC, and Ontario. The platform handles every stage of the sale: listing on MLS and 1,000+ additional sites, marketing, offers, and closing. Pricing is $949 flat plus GST, or 1% capped at $10,000 plus GST, only when the property sells. The Homeowner Dashboard is free. Bōdie, the AI interface into Bōde AI, tracks ten categories of homeownership value continuously.

  • 63%*Average seller commission saving
  • 3,840+*Completed transactions, over $2.33B in value
  • 22%*Of Bōde listings sell to self-represented buyers

About these stats

Homeowner Dashboard

Know What Your Home Is Worth and What to Do Next

Free for every homeowner. Bōdie tracks your value against local sales and tells you when it pays to renovate, refinance, rent or sell.