A town and regional seat of the Regional Municipality of York in the Canadian province of Ontario. It is part of Greater Toronto in the Golden Horseshoe region of Southern Ontario. The name stems from the fact that the settlement was a "New Market", in contrast to York as the Old Market. The average price of sold homes in newmarket is $1.1M, which can be more on the expensive side but at the cost of 1.1 Million dollars you will be able to live in a town where it feels like a little city, with lots to do you'll never get tired of living in the town of Newmarket.