Richmond Hill August 2026 Market Update
Active listings plunged 15.4% compared to last August—the sharpest drop in available homes anywhere in York Region. Under normal conditions, a drop in supply that steep would start pushing the market back toward sellers. But right now, it hasn't. Our Sales-to-New-Listings Ratio (SNLR) sat at 33.1%, keeping Richmond Hill firmly in buyer's market territory—well below the 40% threshold that signals a balanced market. On top of that, Months of Inventory (MOI) stayed locked at 5.6 months for the ...
