June 2017: Detached, Markham

Summary:

  • Markham detached home sales down 66%, listings up 116% YoY
  • A rapid decline in sales/increase in supply resulted in MoM price declines of approximately 10-11% and YoY price growth falling from 30-40% to under 5%
  • Another negative MoM price change in July could put Markham detached homes into negative YoY growth

You can read the original June 2017 TREB Market Watch publication here.

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