Sep 19th, 2026
Markham's sales-to-new-listings ratio crossed 40%, the line TRREB uses to separate a buyer's market from a balanced one. It is the first municipality in York Region to get there, and it did not get there because of a sales surge. It got there because supply keeps thinning out while buyers keep showing up. That same pattern played out across the region at different speeds, pushing the overall SNLR to 35.8%, its eighth straight monthly increase.
Sep 17th, 2026
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...
