Newmarket August 2026 Market Update
The sales-to-new-listings ratio hit 40.3% this month—marking the first time any municipality in York Region has touched that 40% threshold in over two years. Total sales jumped 17.5% compared to last August while new listings dropped 8%, pulling active inventory below 1,100 homes for the first time since the spring of 2023. We saw the average price land at $1,208,692, up 6.4% year over year, while the median barely budged. There's a very specific reason why those two numbers diverged, and it...
