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TRREB, May 2026
The latest MLS® Home Price Index benchmarks for your area, May 2026.
Markham, MLS® HPI benchmark and year-over-year change.
| Home type | Benchmark price | Year-over-year |
|---|---|---|
| Detached | $1,460,200 | ▼ 9.0% |
| Single-family attached | $1,045,500 | ▼ 8.0% |
| Townhouse | $711,100 | ▼ 16.3% |
| Apartment | $531,800 | ▼ 12.5% |
| Composite (all types) | $1,066,100 | ▼ 9.3% |
The wider GTA picture that shapes your area, May 2026.
Prices across Markham have softened over the past year — the composite benchmark is down about 9% from May 2025. At the same time, the broader Greater Toronto market is tightening: GTA sales rose 6.3% year-over-year while new listings fell 18.9%, leaving fewer homes for buyers to choose from.
That combination matters for sellers. As the inventory built up over the past year gets absorbed, competition among buyers tends to increase — which TRREB notes should help prices flatten and potentially firm up through the second half of 2026. In short: values have eased from last year, but the supply-demand balance is shifting back toward sellers.
This range is based on recent Markham sales for detached homes. Your home's exact value depends on its specific size, condition, lot, and upgrades — let's pin it down together.
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