2026 Markham Real Estate Market Forecast: What the Data Tells Us | Kaizen Real Estate
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The 2026 Markham Real Estate Forecast

Forget the headlines. Here is what the actual TRREB data, inventory trends, and buyer behaviour are telling us about the second half of 2026 in Markham.

ML
Michael John Lau
REALTOR®, CPA, CMA
NM
Neeraj Moolchandani
REALTOR®
eXp ICON 2024 & 2025 75+ 5★ Reviews Kaizen Real Estate Team

A Market of Two Halves

The first half of 2026 was defined by cautious optimism. The second half is defining itself by action. TRREB data shows a clear divergence: while overall GTA inventory remains suppressed, buyer activity in Markham has surged, particularly in specific micro-markets.

For sellers, this means the "wait and see" approach is becoming costly. For buyers, it means the window to secure a home without fierce competition is narrowing. Here are the three data points driving the Markham market right now.

The Framework Worth Using

Whether you are buying or selling, base your decisions on hyper-local data, not city-wide averages. A townhome in Cornell and an estate in Angus Glen are operating in entirely different market realities.

-12.9%
New Listings (YoY)
+9.4%
Sales Volume (YoY)
103%
Avg. Sell-to-List Ratio
  • Inventory is tightening in prime catchments. Neighbourhoods anchored by top-ranked schools (Berczy Village, Thornhill, Unionville) are seeing active listings drop by double digits year-over-year, creating immediate upward pressure on well-presented homes.
  • The "Missing Middle" is outperforming. Townhomes and semi-detached homes in Cornell and Wismer are selling faster than the detached average, driven by first-time buyers and investors capitalizing on relative affordability and strong rental demand.
  • Luxury is stabilizing, not stalling. The $2M+ market in Angus Glen and Cachet has found its footing. Buyers in this segment are highly discerning, but when a property is priced accurately and staged to the estate standard, it moves briskly.

What This Means for You

If you are selling, precision is your greatest asset. Overpricing in a low-inventory market doesn't test the ceiling; it alienates the exact buyer pool you need. A data-driven, three-scenario valuation is non-negotiable.

If you are buying, hesitation is your biggest enemy. The days of endless negotiation on turnkey properties in good school zones are pausing. Pre-approval, clear conditions, and an agent who can act decisively are your competitive advantages.

Don't Guess the Market. Know It.

Whether you are looking to buy or sell, our team provides the hyper-local data you need to make a confident decision.

This article is provided by the Kaizen Real Estate Team at eXp Realty, eXp Luxury (Michael John Lau, REALTOR®, and Neeraj Moolchandani, REALTOR®) for general information only. It is not legal, tax, mortgage, or investment advice. Market data referenced reflects TRREB and municipal sources current as of publication and changes frequently. Consult your lawyer, accountant, mortgage broker, and licensed REALTOR® for advice specific to your situation. Licence #4784577.

Frequently Asked Questions

Is 2026 a good time to buy a house in Markham?

Yes. With inventory falling and buyer activity rising, well-priced homes are moving quickly. Buyers who act decisively with pre-approval are finding success before competition intensifies further.

Are Markham home prices going up in 2026?

TRREB data indicates renewed price growth in the second half of 2026, particularly in high-demand school catchments and luxury enclaves where inventory remains critically low.

The Right Strategy. The Right Neighbourhood. The Right Advice.

Whether you are buying your first home in Cornell or selling an estate in Unionville, the Kaizen Real Estate Team helps you navigate the 2026 market with confidence.