Source: TRREB MarketWatch, June 2018

3 areas

Peel Region

June 2018

Headline indicators

All home types

Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.

$720,215

MoM −$15,475 −2.1% YoY +1.7%

Median price — The midpoint sale price. Less affected by a few very high or low sales than the average.

$670,000

MoM −$9,900 −1.5% YoY +2.2%

MLS® HPI benchmark — Quality-adjusted price for a typical home. The cleanest like-for-like price signal.

—

MoM n/a YoY n/a

Sales — Firm transactions reported through the MLS® System during the month.

1,693

MoM −114 −6.3% YoY +1.9%

Dollar volume — Total value of all sales in the month.

$1.22B

MoM −$110,067,885 −8.3% YoY +3.6%

New listings — Properties newly listed during the month.

3,256

MoM −393 −10.8% YoY −24.2%

Active listings — Listings available at month end.

3,638

MoM +96 +2.7% YoY −11.5%

Avg. DOM — Average days on market. Editions before 2020 report this single figure rather than splitting it into LDOM and PDOM.

MoM +1 day +5.3% YoY +33.3%

Avg. SP/LP — Average sale price as a share of list price. Above 100% means competing offers were common.

98%

MoM no change YoY −1.0%

SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.

52.0%

MoM +2.5 pp +5.0% YoY +34.3%

Months of inventory — Active listings divided by monthly sales — how long the current stock would take to sell. Computed here, not TRREB’s trend figure.

2.1

MoM +0 +9.6% YoY −13.1%

Trend

13 months to June 2018

Average price

Peel Region average selling price over the 13 months ending June 2018.
Month	Average price
Jun '17	708425
Jul '17	686772
Aug '17	653845
Sep '17	674107
Oct '17	689294
Nov '17	676948
Dec '17	677926
Jan '18	663896
Feb '18	686621
Mar '18	715158
Apr '18	725598
May '18	735690
Jun '18	720215

Sales

Peel Region sales over the 13 months ending June 2018.
Month	Sales
Jun '17	1662
Jul '17	1313
Aug '17	1307
Sep '17	1288
Oct '17	1416
Nov '17	1554
Dec '17	1076
Jan '18	887
Feb '18	1024
Mar '18	1546
Apr '18	1689
May '18	1807
Jun '18	1693

By home type

Home type	Sales	MoM	Average	MoM	Median	SNLR	MOI
All home types	1,693	−114 −6.3% down 114, 6.3% versus May 2018	$720,215	−$15,475 −2.1% down $15,475, 2.1% versus May 2018	$670,000	52.0%	2.1
Detached	761	−84 −9.9% down 84, 9.9% versus May 2018	$924,212	−$13,601 −1.5% down $13,601, 1.5% versus May 2018	$845,000	44.7%	2.7
Semi-detached	271	−5 −1.8% down 5, 1.8% versus May 2018	$673,664	+$2,343 +0.3% up $2,343, 0.3% versus May 2018	$670,000	57.2%	1.5
Att/row/townhouse	148	−9 −5.7% down 9, 5.7% versus May 2018	$627,986	+$993 +0.2% up $993, 0.2% versus May 2018	$629,200	53.0%	2.0
Condo townhouse	209	−6 −2.8% down 6, 2.8% versus May 2018	$540,666	+$2,539 +0.5% up $2,539, 0.5% versus May 2018	$535,000	65.3%	1.6
Condo apartment	295	−3 −1.0% down 3, 1.0% versus May 2018	$411,188	−$13,891 −3.3% down $13,891, 3.3% versus May 2018	$397,500	63.7%	1.6
Link	8	−8 −50.0% down 8, 50.0% versus May 2018	$636,750	−$41,125 −6.1% down $41,125, 6.1% versus May 2018	$622,500	47.1%	2.1
Co-op apartment	0	no change no change versus May 2018	—	n/a not available, prior month not on file versus May 2018	—	0.0%	—
Detached condo	1	+1 up 1 versus May 2018	$1,100,000	n/a not available, prior month not on file versus May 2018	$1,100,000	100.0%	3.0
Co-ownership apartment	0	no change no change versus May 2018	—	n/a not available, prior month not on file versus May 2018	—	—	—

Movers within Peel Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

Mississauga −1.2% down 1.2%
Brampton −2.3% down 2.3%
Caledon −6.1% down 6.1%

Bottom 5

Caledon −6.1% down 6.1%
Brampton −2.3% down 2.3%
Mississauga −1.2% down 1.2%

Sales, month-over-month

Top 5

Mississauga −5.4% down 5.4%
Brampton −6.4% down 6.4%
Caledon −12.7% down 12.7%

Bottom 5

Caledon −12.7% down 12.7%
Brampton −6.4% down 6.4%
Mississauga −5.4% down 5.4%

Peel Region

Caledon

Caledon, Peel Region

$874,690

−$57,267 −6.1% down $57,267, 6.1% versus May 2018

Sales: 89
SP/LP: 97%
DOM: 24
SNLR: 44.5%

Full history →

Mississauga

Mississauga, Peel Region

$726,211

−$8,561 −1.2% down $8,561, 1.2% versus May 2018

Sales: 833
SP/LP: 98%
DOM: 20
SNLR: 53.7%

Full history →

Brampton

Brampton, Peel Region

$695,904

−$16,472 −2.3% down $16,472, 2.3% versus May 2018

Sales: 771
SP/LP: 98%
DOM: 20
SNLR: 51.3%

Full history →

All Peel Region areas

Home type

3 areas

Area	Sales	MoM	$ volume	Average	MoM	Median	New	Active	SP/LP	LDOM	PDOM	SNLR	MOI
Caledon Caledon, Peel Region	89	−13 −12.7% down 13, 12.7% versus May 2018	$77.8M	$874,690	−$57,267 −6.1% down $57,267, 6.1% versus May 2018	$825,000	200	302	97%	24	—	44.5%	3.4
Mississauga Mississauga, Peel Region	833	−48 −5.4% down 48, 5.4% versus May 2018	$604.9M	$726,211	−$8,561 −1.2% down $8,561, 1.2% versus May 2018	$660,000	1,552	1,757	98%	20	—	53.7%	2.1
Brampton Brampton, Peel Region	771	−53 −6.4% down 53, 6.4% versus May 2018	$536.5M	$695,904	−$16,472 −2.3% down $16,472, 2.3% versus May 2018	$663,000	1,504	1,579	98%	20	—	51.3%	2.0