VADIM VILENSKY November 30, 2025
The headline numbers look alarming — down 15.8% year-over-year — but step back and you see a different picture. Prices didn't crash. They stabilized. New listings fell alongside sales, so the market isn't drowning in unsold inventory. And the November employment report was genuinely encouraging. In Vaughan, detached homes are still transacting at over $1.7M on average. That's not a distressed market — that's a market waiting for a trigger. The buyers sitting on the sidelines aren't gone. They're watching. When they get the confidence signal they need — likely clarity on trade, sustained employment growth, and the spring market energy — this market can move fast. If you're a seller, now is the time to prepare, not to wait. The best-prepared listings in the best locations will lead the recovery.
RE/MAX projects York Region average residential sale prices to rise approximately 4% in 2026, with sales volumes up around 5%. The region is currently a buyer's market trending toward balance. New single-family home subdivisions across Vaughan, Markham, Richmond Hill, and East Gwillimbury are entering pre-sales — adding fresh inventory that will shape competition heading into late 2026 and beyond. Larger condos in Thornhill and Richmond Hill are drawing renewed interest, particularly from downsizers and extended families.
Your November 2025 blog is ready. Here's what's different from the October edition — and why it matters:
Key story shifts from October → November:
Stay up to date on the latest real estate trends.
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Market Update - May 2025
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