Jul 2026
Average Price
$1,009,696
Similar to other real estate markets, Vaughan experienced its strongest buyer activity during low-interest-rate periods - first from 2016 to early 2017 and then again from 2021 to 2022. During the first period, monthly transactions in the Vaughan housing market generally averaged between 300 and 600 units. Then, from mid 2020 to early 2022, the market became busy again, with roughly 340 to 740 homes selling each month. Today, however, the picture is very different. Interest rates are much higher than those earlier low levels, so buyers are moving more cautiously and are not as active. As a result of this, from 2025 to 2026, Vaughan’s monthly sales have averaged only between 160 and 300 units. Inventory, however, shows a very different pattern. As fewer buyers step into the market, homes are taking longer to move, leaving Vaughan with a noticeably larger number of active listings.
During this period, Vaughan usually saw about 300 to 600 home sales per month, while active listings stayed in the range of roughly 750 to 1,600 homes.
After the heated pace of early 2017, the market became calmer as new mortgage stress test rules and policy tightening measures came into play. Transaction volumes in the real estate market in Vaughan mostly sat between 150 and 420 units. At the same time, inventory started building steadily, often landing between about 1,300 and 2,300 active listings.
Following a minor slowdown, buyer activity picked up again in a big way from mid-2020, with monthly sales often ranging from around 340 to more than 700 units. March 2021 stood out as the busiest month of the decade, with 736 sales. During this phase, demand for houses (especially detached houses) and townhouses rose sharply as lifestyle needs changed. Meanwhile, listings were tighter than in the previous phase, generally staying between about 1,000 and 2,000 homes.
Strong demand carried into early 2022 in the Vaughan real estate market, especially in February and March, when sales stayed close to 450 to 500 units. Later in the year, however, activity eased, with monthly sales mostly between 130 and 280 homes. Inventory also rose through spring and summer, climbing from around 1,170 homes at the start of the year to nearly 1,850 by May.
Sales activity improved compared to late 2022, usually ranging between 200 and 460 transactions. Inventory, however, was tighter than the high-supply years of 2018 and 2019, commonly sitting between 800 and 1,700 homes.
Active listings began climbing across Vaughan, and inventory often ranged from about 1,400 to 2,500 homes. Meanwhile, sales stayed more moderate, usually between 150 and 310 homes per month.
The absorption rate mostly stayed in the 65% to 80% range till February 2017, pointing to strong buyer demand and tight inventory.
The absorption rate mostly settled between 30% and 50%, showing a more balanced pace.
After a brief slowdown in the first half of 2020, the market quickly regained its pace. The absorption rate ranged from 50% to above 90%, with October 2021 standing out at 90.82%.
During this period, the market cooled from the heated pace seen in 2021 and early 2022. Most months saw the absorption rate settling between 30% and 50%.
Several months saw stronger market activity, with absorption rates crossing above 60% in April 2023, May 2023 and January 2024. However, we also saw softer market activity in some months, especially in late 2023.
From mid-2024 onward, the absorption rate mostly stayed between 25% and 40%, giving buyers more choices and better room to negotiate.
Source: Based on analysis of historical information made available from respective real estate boards.
Detached homes continued to lead the market, recording 18,352 sales. They also reached the highest average sale price, coming in at about $1.55M.
Semi-detached homes followed with 2,983 sales and an average sale price of roughly $1.0M.
Freehold townhouses also recorded strong activity, reaching 5,395 sales, with the average sale price sitting near $1M.
Condo townhouses accounted for 1,423 sales and had an average sale price of around $772K.
Condo apartments accounted for 9,122 sales, and, at about $602K, remained the most affordable option in the real estate market in Vaughan.
The broader Vaughan housing market’s steady price growth has also made its way into the rental segment. Over the past ten years, rental prices in Vaughan have climbed 51.12%, while the last five years show a more modest gain of 13.29%. In the short term, however, the Vaughan rental market is moving through a correction and rebalancing phase. Rental house prices in Vaughan are down 2.40% year-over-year and 4.19% year-to-date.
During this stretch, Vaughan’s rental market moved on a steady upward path, with both rents and leasing activity gaining momentum. Average monthly rents generally sat between about $1,800 and $2,200, while leased units usually landed in the range of roughly 130 to 220 properties.
Rental demand strengthened, and leasing numbers moved higher than in the earlier period. Most months saw 150 to 280 leased properties, while the average rental house price in Vaughan continued to rise, though at a more measured pace.
The rental market softened briefly in spring 2020. However, the rebound came fairly quickly. By the second half of 2020 and into early 2021, Vaughan’s rental market had found its footing again, with average rents returning to the $2,400 to $2,800 range and leased activity moving back toward roughly 200 to 430 units.
Average rents climbed quickly, mostly sitting between about $2,800 and $3,300 per month. Leasing activity also picked up in a big way, with many months recording roughly 240 to 470 units. The decade’s highest average rent came in July 2023, reaching $3,376.
Rental house prices in Vaughan, Ontario, stayed high, generally ranging from about $2,700 to $3,00. Leasing activity also remained very strong, especially from mid-2024, commonly ranging between roughly 380 and 720 units.
If you’ve been keeping an eye on the York Region real estate market, you likely already know that home prices in this region are among the highest in Ontario. Vaughan, sitting in the southern part of York Region, is no exception to this trend. Over the years, Vaughan’s rapid population growth, bigger living spaces, strong transit links, expanding job opportunities, and a family-friendly suburban lifestyle have all worked together to keep its housing demand and prices strong. Because of these strengths, the Vaughan housing market has steadily made a name for itself as one of Ontario’s emerging real estate markets, drawing attention from both homebuyers and investors. Now, looking over the past decade, the Vaughan real estate market’s most intense and competitive stretch came during the pandemic rush. In February 2022, the Vaughan average house price climbed to $1.30M, while homes were selling in just 9 days. However, once that pandemic heat started to fade, the market moved into a correction phase, with demand easing and prices softening. Today, house prices in Vaughan are down 5.69% year-over-year, while year-to-date prices have edged up slightly by 4.05%. Homes are also taking longer to sell, which clearly shows the market is moving toward balanced conditions.
Buyer demand strengthened across Vaughan as low interest rates and healthy economic conditions gave the market a strong push. As more buyers entered the market, Vaughan housing prices climbed quickly, rising from around $700K in spring 2016 to around $900K by March 2017.
Buyer activity cooled after early 2017, with most homes selling in the approximate $740K to $840K price range.
The market gained momentum again as lower interest rates and changing lifestyle needs pulled buyers back in strongly. With demand rising sharply, the average house price in Vaughan moved steadily from around $840K in early 2020 to over $1.16M by late 2021.
By February 2022, the average sold price had reached roughly $1.30M, which became the decade’s peak. However, market conditions shifted later in the year, and prices eased from those early-2022 highs.
During this period, homes were selling at an average price between $1.02M and $1.17M.
Since July 2024, house prices in Vaughan, Ontario, have been trending lower, mostly staying between $900K and $1.10M.
