What is happening in the Toronto market right now?
Toronto’s June 2026 data shows new listings running 4% below the five year average while sales are in line with historical norms, pushing inventory up 16% and months of supply up 14%. The benchmark price is $934,000, down 2.43% month over month and 4.53% year over year. Supply continues to outpace demand, though stable sales suggest market activity is beginning to normalize after a prolonged slowdown. Detached is the only segment holding positive annual price territory at +0.40%. Condominiums carry the steepest annual decline at -8.95%, the largest annual price drop across all four Bode market cities in this reporting cycle.
1 Overall Market
Sales normalize but annual prices remain negative as inventory growth continues
June data shows a more balanced market despite softer pricing. New listings are 4% below the five year June average, while sales are in line with historical norms. Inventory has increased 16%, pushing months of supply up 14%.
The benchmark price is $934,000, down 2.43% month over month and 4.53% year over year. Supply continues to outpace demand, though stable sales suggest market activity is beginning to normalize after a prolonged slowdown.
$934,000
Benchmark price
-4.53%
Year over year
+16%
Inventory change
+14%
Months of supply
2 Detached Homes
The only Toronto segment holding positive annual price growth as buyer demand remains steady
Detached homes remain the strongest performing segment. New listings are 7% above the five year June average, while sales have increased 2%. Inventory has climbed 29%, increasing months of supply by 26%.
The benchmark price is $1,469,200, rising 2.32% month over month and 0.40% year over year. Continued buyer demand has helped detached homes maintain modest annual price growth despite higher inventory.
$1,469,200
Benchmark price
+0.40%
Year over year
+7%
New listings vs avg
+2%
Sales change
3 Condominiums
The softest segment in Toronto with annual prices down 8.95% as affordability and investor demand both remain weak
Condominium conditions remain the softest across the market. New listings are 12% below the five year June average, while sales are down 2%. Inventory has increased 7%, pushing months of supply up 4%.
The benchmark price is $553,900, down 1.20% month over month and 8.95% year over year. Affordability challenges and slower investor demand continue to weigh on pricing.
$553,900
Benchmark price
-8.95%
Year over year
-12%
New listings vs avg
-2%
Sales change
4 Semi-Detached Homes
Steady buyer demand keeps semi-detached conditions balanced despite growing inventory
Semi-detached homes remain relatively resilient. New listings are 3% above the five year June average, while sales have increased 2%. Inventory has risen 23%, increasing months of supply by 20%.
The benchmark price is $1,163,700, down 2.20% month over month and 1.07% year over year. While inventory is growing, buyer demand has remained steady enough to support balanced market conditions.
$1,163,700
Benchmark price
-1.07%
Year over year
+3%
New listings vs avg
+2%
Sales change
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Common Questions
Is Toronto currently a buyer’s market or a seller’s market?
Toronto is broadly in buyer-favourable territory as of June 2026. Inventory is up 16% and months of supply has risen 14%, while the overall benchmark price is down 4.53% year over year. The exception is detached, where stable buyer demand has kept annual prices marginally positive at +0.40%. Condominiums and semi-detached are both in negative annual territory.
What is the benchmark price in Toronto right now?
The overall benchmark price in Toronto is $934,000 as of June 2026, down 2.43% month over month and 4.53% year over year. By segment: detached homes benchmark at $1,469,200, condominiums at $553,900, and semi-detached homes at $1,163,700.
Why are Toronto condominium prices falling so sharply?
Toronto condominiums are down 8.95% year over year, the steepest annual decline of any segment across all four Bode market cities in this reporting cycle. Two structural factors are at work. First, investor demand has softened significantly as carrying costs have risen and rental income has not kept pace. Second, new condominium supply from projects launched during the 2020 to 2022 cycle has continued to add units to an already well-supplied market. New listings in June were 12% below the five year average, but active inventory is still elevated relative to current buyer demand.
Which Toronto property type is performing best right now?
Detached is the strongest segment by a meaningful margin. The benchmark price is up 0.40% year over year and sales have increased 2% against historical norms. Despite inventory rising 29%, buyer demand has been sufficient to maintain positive annual price territory. Semi-detached is the second-strongest segment, with prices down only 1.07% annually and sales also up 2%.
Is now a good time to sell in Toronto?
Detached sellers are in the strongest relative position, with the segment the only one holding positive annual price growth in Toronto. Semi-detached sellers face a modest 1.07% annual decline but stable sales activity. Condominium sellers face the most difficult conditions in the market, with prices down 8.95% annually and ongoing pressure from investor-held inventory entering the resale market. Pricing to current comparables rather than peak values is essential in all three segments. Your free Bōde Homeowner Dashboard tracks your property’s current value and local comparable activity so you can price and time the market with real data.