York Region, just north of Toronto, includes Vaughan, Markham, Richmond Hill, Newmarket, Aurora and several smaller towns. It is one of the GTA’s higher-priced regions, driven by strong schools, newer housing and transit links to Toronto.
Market snapshot
| Area (September 2026) | Sales | Average price |
|---|---|---|
| York Region total | 893 | about $1,136,700 |
| Vaughan | 213 | about $1,163,400 |
| Markham | 245 | about $1,125,400 |
| Richmond Hill | 172 | about $1,189,200 |
| Newmarket | 64 | about $916,000 |
Source: TRREB Market Watch, September 2026.
What drives York Region
- Transit: the subway to Vaughan Metropolitan Centre, VIVA rapid buses and the planned Yonge North Subway Extension.
- Schools and family appeal: many buyers choose York Region for school zones and larger homes.
- Employment: tech and professional jobs in Markham and Richmond Hill, logistics and manufacturing in Vaughan.
Segments
- Detached homes: sensitive to interest rates; slower sales but limited supply.
- Townhouses: popular with first-time buyers priced out of detached homes.
- Condos: growing supply around the VMC, Richmond Hill Centre and downtown Markham gives buyers more choice.
Forecast
We expect balanced conditions in the near term, with modest pressure on prices while mortgage rates remain elevated. Over the longer term, transit investment and population growth support demand across the region.
City guides
- Vaughan and Vaughan Real Estate Market Forecast
- Markham
- Richmond Hill
- Newmarket Housing and Rental Market
General information only, not real estate or financial advice.