In Markham’s current market, more buyers are favoring 2-storey townhouses over 3-storey ones, despite the latter often offering more space or newer finishes. The key reason comes down to livability—2-storey layouts feel more functional and convenient for everyday life. Meanwhile, some 3-storey townh...
The Markham real estate market is adjusting to global financial uncertainty and rising long-term interest rates, which continue to pressure affordability and delay expected relief in fixed mortgage rates. Despite a sharp drop in sales and prices, particularly for detached and attached homes,Markham ...
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...
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...
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...
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...
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...
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 ...
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...
