Sep 15th, 2026
Newmarket had a quietly strong August. The average sale price hit $1,048,321, which is up 5.3% from last year and marks the second consecutive month above the million-dollar line. The median landed at exactly $1,000,000 for the first time in months. And those numbers arrived on the exact same sales volume as last August: 83 transactions, identical to August 2025. These price gains aren't being inflated by a spike in luxury sales or a sudden rush of activity; they're the product of steady, or...
Sep 14th, 2026
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 ...
