In November 2023, the housing market in Markham and the surrounding GTA faced challenges due to high borrowing costs and economic uncertainties, impacting home sales. Compared to the previous year, sales decreased while listings saw an increase from a low supply point. Consequently, selling prices ... » Learn More about Higher Borrowing Costs and Uncertainty Having an Impact on the Housing Market
Markham Market Updates
Housing Trends Caused by the Pandemic
The COVID-19 has caused a massive impact on the fabric of society in our Markham area and worldwide. The spread of the virus has caused us to shut our doors at home and watch non-essential services remain closed until public spaces feel safe again. While our community is undergoing this temporary ... » Learn More about Housing Trends Caused by the Pandemic
Increased Sales, Less Inventory In October
The annual trend of tightening market conditions continued in October as the total sales continued to increase and available listings continued to decrease as compared to 2018. Total sales in October were up by 36% compared to October 2018 and so far this year, total sales are up by nearly 22%. ... » Learn More about Increased Sales, Less Inventory In October
Market Conditions Tightening In Markham
While the market in Markham is no where near the piques of 2016, we have seen a slow but steady increase in prices since January as compared to a slow but steady decrease in 2018. In fact, the average sale price in September was up over a million dollars which we haven't seen over the course of a ... » Learn More about Market Conditions Tightening In Markham
Markham Real Estate Update – August 2019
Markham Real Estate Sold Statistics During August 2019 The average sale price in August 2019 was $957,892. Up 9.5% over the same month last year.The average sale price to date this year is $928,623. Up 0.6% over last year.The average time it took for a house to sell was 27 days compared to 26 ... » Learn More about Markham Real Estate Update – August 2019