Toronto Condo Market Forecast March 21, 2020. 2019 was another…
New Housing Developments in York Region 2020
Looking for a new home in the GTA? A lot of buyers are and they’re finding York Region to be most desirable. With the government’s urban density and anti new housing development legislation in effect, new homes are rare north of Toronto.
Yet there are a number of new developments in Aurora, Newmarket, Holland Landing/East Gwillimbury and Bradford that you should be looking into.
Yet York Region’s price growth was one of the lower ones in the Toronto housing market. According to Zoocasa, in 2019, the area suffered a meagre 2% growth in median home prices in 2019. Average home prices rose to $850,150, a difference of $20,150. King home prices fell 2% to a new average of $1,270,000, $20,000 less. The rest of York region saw year over year average home price declines of 2% to 5%.
Here’s a quick look at home prices in York Region of late, which are not the bargain hunter variety. Those escaping the Toronto real estate market, will have to search well north of York Region to get lower prices.
The good news for buyers is that a few active developments are busy with interesting new offerings of detached houses, condos and townhomes: Aurora new homes, Newmarket new homes, and Vaughan new homes.
New Home Builders – York Region
Are looking to buy a home? If you’re a home hunter, you’ll likely be salivating over these amazing new offerings from Brookfield, Lindvest, Sundial Homes, Opus Homes, Mattamy, and Regal Crest and Countrywide and others. While many are sold out, there may be an opportunity to buy them as a resale.
It’s a frequent situation that sees regular real estate agents trying to feed a frenzied buyer market. As these excellent neighbourhoods come into existence, we’re seeing exponential improvements in roadways, transit, city parks, and in new retail developments. New retail malls are popping up on Greenlane, Bayview Avenue, and St John’s Sideroad to fill a burgeoning consumer demand in Aurora and Newmarket. And in Richmond Hill, Markham and Vaughan, the Vaughan Mills Centre and redeveloped Hillcrest Mall are serving growing populations.
It’s all about modern lifestyle, convenience, and very pleasant communities to live. Come and check out York Region’s best neighbourhoods and newest home developments in Aurora, Newmarket and Vaughan.
As Opus Homes suggests, there is a peaceful and serene countryside lifestyle here that will take the stress out of your life. Your kids will be safe and the schools (St Andrews College and Pickering College) are exceptional. New schools are being built to serve the communities.
New Homes in Newmarket and Aurora
You’ll see plenty of photos below of new homes being built in Newmarket and Aurora. You’ll also notice there is still a good amount of land available on the east side of Aurora and Newmarket, west of the 404. Mattamy, Brookfield, Opus Homes and other home builders are producing a collection of beautiful brick and stone exterior homes that you’ll be awestruck by. I’m most impressed with Opus Homes.
And if it’s older homes you’d rather own, there’s a good number of luxury homes for sale, and some not for sale, yet. On any street in Aurora or Newmarket are for sale signs where you’d never suspect you’d see them. Everyone has their price and at these prices lately, many current residents are choosing to sell.
If you want to live in Aurora or Newmarket, you might be able to buy this year.
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