York Region Real Estate Market Update - July 2026

According to the Toronto Regional Real Estate Board (TRREB), GTA REALTORS® reported 5,995 home sales in July 2026, a slight decrease of 0.9 per cent from July 2025. The bigger story is on the supply side: GTA-wide, new listings fell 17.8 per cent year over year to 14,484, and active listings dropped to 26,098. With sales holding up while new supply shrank, market conditions tightened across the GTA as a whole compared to a year earlier.

That GTA-wide figure is not a York Region number, and it is not a Newmarket, Aurora, King, East Gwillimbury or Richmond Hill number either. TRREB's report does not publish a year-over-year change in new listings at the municipal level, so this update does not apply the GTA's 17.8 per cent decline to any individual community. Each municipal section below sticks to what is actually reported for that community: its July 2026 monthly figures, its year-to-date figures, and its own MLS HPI benchmark change - not an assumed share of the regional trend.

July 2026 at a Glance

Source: TRREB Market Watch, July 2026. All figures in this section are GTA-wide (All TRREB Areas).

What Changed Across the GTA

The headline number - a 0.9 per cent dip in sales - understates how much the market shifted. New listings fell far faster than sales did, which is why TRREB describes conditions as having tightened rather than simply slowed. Active listings at month end stood at 26,098. TRREB's own conclusion is that this combination - sales holding relatively steady while new listings declined substantially - is what tightened market conditions in July, even though prices are still lower than last July on a benchmark basis.

Average selling price ($1,003,956) and the MLS HPI Composite benchmark ($934,600) both fell by roughly the same amount year over year, about 4.5 to 4.6 per cent. On a month-over-month seasonally adjusted basis, TRREB noted the HPI Composite edged up slightly from June while the average price ticked down - a reminder that a single month's average price can move around even when the broader trend is flatter. That distinction matters: a benchmark or index figure reflects a standardized "typical" home, while an average selling price is simply the mathematical average of that month's actual closed sales, which can be skewed by a handful of higher- or lower-priced transactions.

York Region Overview

York Region as a whole recorded 1,063 sales in July 2026, with an average selling price of $1,146,307 and a median price of $1,060,000. New listings came in at 2,764, active listings at 5,179, and the average home sold in 34 days on market at 98 per cent of its final list price. Year-to-date through July, York Region has recorded 6,631 sales at an average price of $1,151,992.

On the MLS HPI side, York Region's Composite benchmark price was $1,096,300, down 6.26 per cent year over year - a steeper decline than the GTA-wide 4.6 per cent, suggesting York Region's benchmark pricing softened somewhat more than the GTA average over the past year. The detached-home benchmark for York Region was $1,352,000, down 6.08 per cent, on detached sales of 573 homes in July at an average price of $1,427,017.

Source: TRREB Market Watch, July 2026 (Summary of Existing Home Transactions and Home Price Index sections).

Newmarket Market Update

Newmarket recorded 82 sales in July 2026 at an average price of $966,817 and a median price of $895,000, with 194 new listings and 331 active listings. Homes sold in an average of 27 days at 98 per cent of list price - among the tightest turnaround times of the municipalities covered here. Year-to-date, Newmarket has posted 515 sales at an average price of $998,315.

Newmarket's HPI Composite benchmark was $1,008,500, down 6.26 per cent year over year, in line with the broader York Region trend. Detached sales in Newmarket totalled 52 homes in July at an average price of $1,096,908.

For buyers watching a specific Newmarket neighbourhood, our Newmarket community guide breaks down individual pockets like Stonehaven, Glenway Estates and downtown Newmarket in more detail than a municipal-level average can.

Aurora Market Update

Aurora saw 62 sales in July 2026 at an average price of $1,301,811 and a median of $1,175,000, with 163 new listings and 301 active listings. The average sale-price-to-list-price ratio was 95 per cent, and homes took an average of 34 days to sell. Year-to-date, Aurora has recorded 389 sales at an average price of $1,216,097.

Aurora's HPI Composite benchmark was $1,138,900, down 4.57 per cent year over year - a milder decline than York Region overall. The detached benchmark was $1,351,000, down 3.74 per cent, and detached sales totalled 37 homes in July at an average price of $1,642,108, reflecting Aurora's strong estate and luxury detached segment.

See our Aurora real estate guide for a closer look at specific pockets such as Aurora Estates, Aurora Village and Bayview Southeast.

King / King City Market Update

King posted 20 sales in July 2026, all home types, at an average price of $2,028,099 and a median of $1,770,000, with 88 new listings and 240 active listings.

King also posted the highest months of inventory (11.6) of any municipality in this update, and homes took an average of 55 days to sell at 94 per cent of list price - both consistent with a smaller, more estate-oriented market rather than a sudden shift. Year-to-date, King has recorded 120 sales at an average price of $1,996,141, a steadier reference point than the July figure alone given the small monthly sample.

King's HPI Composite benchmark was $1,572,200, down 5.23 per cent year over year, with a detached benchmark of $1,784,800, down 5.53 per cent. Detached sales in King totalled just 14 homes in July at an average price of $2,492,714 - again, too small a sample to read as a firm trend.

Explore King Township's estate and equestrian properties in our King real estate guide.

East Gwillimbury / Sharon Market Update

East Gwillimbury recorded 47 sales in July 2026 at an average price of $1,042,536 and a median of $1,050,000, with 106 new listings and 194 active listings. Homes sold in an average of 33 days at 97 per cent of list price. Year-to-date, East Gwillimbury has posted 242 sales at an average price of $1,063,893.

East Gwillimbury's HPI Composite benchmark was $1,119,300, down 7.66 per cent year over year - the largest benchmark decline among the municipalities in this update - with a detached benchmark of $1,153,800, down 7.67 per cent. Detached sales totalled 32 homes in July at an average price of $1,140,681.

For buyers considering Sharon within East Gwillimbury, the municipal figures above provide broader market context, while neighbourhood-level conditions can vary. For more on the community itself, see our Living in Sharon, Ontario guide.

Richmond Hill / Oak Ridges Market Context

Richmond Hill recorded 182 sales in July 2026 at an average price of $1,222,748 and a median of $1,150,000, with 523 new listings and 972 active listings - the largest active-listing count of any municipality covered here. The average sale-price-to-list-price ratio was 99 per cent, among the strongest in this report, with homes selling in an average of 37 days. Year-to-date, Richmond Hill has recorded 1,193 sales at an average price of $1,215,385.

Richmond Hill's HPI Composite benchmark was $1,166,500, down 6.16 per cent year over year, with a detached benchmark of $1,528,000, down 6.29 per cent. Detached sales totalled 97 homes in July at an average price of $1,569,133.

A note on Oak Ridges specifically: TRREB does not report Oak Ridges as its own municipal line item. Every Oak Ridges reference in this update is local context within the Richmond Hill figures above, not standalone TRREB data for Oak Ridges. For buyers specifically weighing Oak Ridges against the rest of Richmond Hill, our Oak Ridges community guide and Richmond Hill buyer's guide go into neighbourhood-level detail that the Richmond Hill municipal average cannot capture on its own.

Municipal Comparison Table

Source: TRREB Market Watch, July 2026, Summary of Existing Home Transactions, All Home Types. LDOM = average listing days on market. Figures shown are July 2026 monthly statistics only, not year-over-year changes.

What This Means for Buyers

What This Means for Sellers

Fall 2026 Outlook: What to Watch

TRREB's own commentary points to a market where continued tight supply could keep upward pressure on negotiating conditions even if prices stay soft in the near term. Broader factors - inflation, borrowing costs and overall consumer confidence - were flagged directly by TRREB leadership as reasons some buyers are still waiting on the sidelines. If those conditions improve, TRREB suggested it could translate into more purchase activity later this year.

For anyone planning a fall 2026 move in York Region, it is worth watching: whether new listings pick back up seasonally in September, how each municipality's sale-price-to-list-price ratio trends month to month, and the next Bank of Canada rate announcement, which directly affects buyer borrowing power. No one can guarantee where prices, sales activity or interest rates will move next, so treat any outlook as a framework for questions to ask, not a forecast to plan around.

This article is based on the Toronto Regional Real Estate Board's Market Watch, July 2026 report and reflects data as reported by TRREB for that period. Statistics are provided for general market information only and do not determine the value of any specific property. Past market performance does not guarantee future results, and this is not financial, investment or legal advice. Always confirm current figures directly with TRREB before relying on them for a transaction decision.