Shawn Zigelstein is a sought-after expert in the Canadian real estate market, and is often asked for the "Team Zold perspective" on current events. Stay tuned here for Team Zold's appearances in the current press!
"As Toronto housing frenzy wanes, sellers left scrambling" - Toronto Star May 2017
Soaring prices draw influx of real estate agents, but they face stiff competition" April 20 2017"Discussing the new Ontario Housing Plan with CTV News" - CTV News April 2017
"Ontario urged to act on housing as Toronto-area home prices hit record" Globe and Mail April 5 2017
"Toronto Storey Featuring Shawn Zigelstein" Toronto Storeys, March 23 2017
"John Tory worries about soaring prices in the GTA" National Newswatch March 3 2017
"National Housing Strategy focuses on affordable housing," NextHome, November 2016
"Canadian realtors already fielding calls from anxious Americans," AM640, November 2016
"Toronto home sales, prices soar again in October," CTV News, November 2016
"These are the most (and least) expensive places to live in the GTA," BuzzBuzz Home, October 2016"Bidding Wars," Global News, September 2016
"Toronto area's home sales, average prices hit record highs in August," Canadian Press, September 2016
"Ottawa tightens mortgage rules" Toronto Star, September 2016
"What To Look for When and Avoid When Buying a Home," Huffington Post, September 2016
"5 Things to Look for When Buying a Home," Next Home, September 2016
"9th Annual Royal Lepage Charity Golf Tournament," Snapd Richmond Hill, August 2016
"Global News at 5:30," Global News, August, 2016
King is a 20-sale market, and in a market this size the average price tells you which homes sold, not what homes are worth. September's average was $1,875,750, up 6.2% from last September. The median was $1,710,000, up 4.0%. The detached median, which is 16 of the 20 sales, was up 0.3%. Flat is the plainer read on prices.
. The average fell 8.7% to $1,139,770 and the median fell 8.3% to $1,050,000, both moving together, so this isn't a mix story. Detached, which is 63% of what sells here, repriced 8% on the average and almost 10% on the median across 26 sales. The homes that did sell went quickly, 35 days against 44 in August, and semis and townhouses closed above asking. Fewer buyers, but the ones who showed up were decisive. The GTA-wide picture is in our September 2026 Market Watch post.
Vaughan's average sale price in September 2026 was $1,163,441. In September 2025 it was $1,163,498. Fifty-seven dollars apart, on 213 sales. We've been doing this a long time and we don't remember a cleaner year-over-year flat line. It's also almost entirely a coincidence, because underneath that number the two Septembers look nothing alike.
Prices came down together this time. The average slipped 3.7% year over year to $1,136,650 and the median fell 4.1% to $1,043,000. In August the average held while the median dropped; in September both moved, and the detached share of sales was the same 54% it was a year ago, so there's no mix story to hide behind. The softness sits below the detached tier: semi-detached, condo townhouse and condo apartment medians are all down roughly 11% to 14%.
Newmarket had a slow September. Sixty-four homes sold, down 22.9% from last September and 22.9% from August, tied with March for the lowest count since February. The average price fell 8.6% year over year to $915,986, the first time it's been under $920,000 since January. The median held better at $872,500, down 5.2%. New listings jumped 46% from August to 234, the biggest fall listing wave of any large York Region market, and the sales-to-new-listings ratio slipped for the first time since ...
Toronto Sun Featuring Shawn Zigelstein - Canadian housing prices remain flat in third quarter
Toronto Star Featuring Shawn Zigelstein - Toronto housing prices will continue to fall until the end of the year
Richmond Hill is the one large York Region market where prices actually moved this year, and September made that plain. The average sale price fell 10.2% from last September to $1,189,203 and the median fell 10.1% to $1,079,000. Both numbers moving by the same amount means this isn't a mix effect or a thin month at the top. Detached homes, half of everything that sells here, repriced about 11% on both the average and the median across 84 sales. That's a real reset.
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