Markham's average price fell 4.4% in September 2026, but inventory is the tightest of five GTA suburbs. What it means with 5-year fixed rates near 4.3%.
The Markham real estate investment market softened on price in September 2026, but by inventory it was the tightest of the five GTA suburbs we track, a mix that may reward selective buyers.
What the September 2026 data shows for Markham real estate investment
Markham's average selling price was $1,125,353, down 4.4% from $1,177,290 a year earlier. Sales slipped 5.4% to 245, and new listings fell 8.2% to 729 (TRREB Market Watch, September 2025 and 2026).
Source: TRREB Market Watch, September 2025 and September 2026.
Markham's sales-to-new-listings ratio was 40.5%, and trend months of inventory were 4.1, both tighter than Vaughan, Richmond Hill, Mississauga and Brampton (TRREB).
Source: TRREB Market Watch, September 2026.
Mortgage rates and seasonal context
As of October 24, the lowest advertised insured 5-year fixed rate was 4.34%, and the lowest 5-year variable was 3.43%, with prime at 4.45% (Ratehub.ca). The Bank of Canada's policy rate sits at 2.25%, with a decision due October 28. Fall typically brings a short burst of activity before the December slowdown.
The investor takeaway
Softer prices plus tighter supply can be a sign of steady end-user demand. Still, carrying costs at today's rates can strain rental cash flow, so stress-test financing before you commit.
FAQ
Is Markham a buyer's or seller's market in 2026?
With a 40.5% sales-to-new-listings ratio in September 2026, Markham sat in balanced territory, tighter than nearby York and Peel cities.
What are mortgage rates in Ontario right now?
As of October 24, 2026, the lowest advertised insured 5-year fixed rate was 4.34%. Investment-property financing is often priced higher.
Sources
- TRREB Market Watch, September 2026
- TRREB Market Watch, September 2025
- Ratehub.ca, best mortgage rates (October 24, 2026)
- Bank of Canada, policy interest rate
Cover photo: Venrick Azcueta on Unsplash
This article is for general information only and is not financial, legal or tax advice. Statistics are from the sources cited and are believed reliable but not guaranteed. Not intended to solicit buyers or sellers currently under contract with a brokerage.
Thinking about moving here?
I'll send you a personalized list of available homes and projects in this area — no pressure, no spam.