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Markham Real Estate: A Premium Market with Adjustments and How Much Further Will Prices Drop?

The Markham real estate market, known for its premium value, has experienced significant growth over the past decade, especially in detached and attached homes. While the condo market is undergoing a correction, with prices expected to drop by 10-15%, detached and attached homes in Markham are expec...

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Markham's Real Estate Reset: A Deep Dive into Local Market Shifts Since 2022

Power-of-sale listings in Markham are increasing, driven in part by over-leveraged investors who are struggling to manage multiple obligations. Many had purchased pre-construction units in Toronto at peak prices and now face closing on properties that have significantly declined in value. The financ...

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Is It a Pullback or the Start of a Bear Market? What It Means for Real Estate in Markham

Markham’s real estate market in Spring 2025 remains cool and cautious, reflecting broader economic uncertainty. While some anticipate a delayed market rebound, others warn of further price drops amid rising inventory and weakening buyer sentiment. Escalating U.S. tariffs and efforts to bring manuf...

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What Markham Property Owners Should Avoid Holding During an Economic Downturn

In the face of rising tariffs, global economic uncertainty, and a weakening job market, Markham property owners must rethink their investment strategies. Not all assets will weather the downturn equally well. Short-term rentals, luxury homes, vacation properties, office spaces, and certain commercia...

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How the April Rate Announcement Impacts the Markham Housing Market

Markham’s real estate market continues to show varied dynamics across property types. Detached homes offer opportunities for buyers to negotiate, while attached homes face rising inventory and slower sales, requiring careful pricing strategies. Condos have remained relatively stable, though increa...

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Wismer vs. Greensborough: Which Markham Community Is Better for Families Seeking Top Schools on a Budget?

Wismer and Greensborough are two highly sought-after communities in Markham, both currently zoned for the top-ranked Bur Oak Secondary School. While Wismer offers better walkability and a more established feel, Greensborough provides greater affordability, especially for townhomes and single-garage ...

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Markham Real Estate Outlook: Where Are We in the Cycle—and What Should Buyers and Sellers Do Now?

Markham’s real estate market is currently in a buyer’s market phase, with 742 new listings and 230 sales recorded over the past 30 days. The average home price sits at around $1.2 million, reflecting a more balanced landscape for potential buyers. With more inventory and slower sales activity, buyer...

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Markham Families: How to Protect Your Property and Wealth During Marriage, Divorce, or Inheritance

In Markham’s Asian community, it’s common for parents to help their children buy homes—but many don’t realize that if their child later divorces, those hard-earned contributions could be lost without proper planning. Under Ontario law, homes lived in by a married couple are considered matrimonial as...

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How I Screen Tenants Using Credit Reports – A Markham Real Estate Leasing Guide

In today’s rental market, finding the right tenant is more crucial than ever, especially as some tenants exploit legal loopholes and turn rental properties into long-term liabilities. Through my experience in the Markham real estate leasing market, I’ve found that understanding how to properly read ...

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