Source: TRREB MarketWatch, July 2018

3 areas

Peel Region

July 2018

Headline indicators

All home types

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

$716,077

MoM −$4,138 −0.6% YoY +4.3%

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

$670,000

MoM no change YoY +7.2%

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.

1,466

MoM −227 −13.4% YoY +11.7%

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

$1.05B

MoM −$169,554,602 −13.9% YoY +16.4%

New listings — Properties newly listed during the month.

2,825

MoM −431 −13.2% YoY −15.1%

Active listings — Listings available at month end.

3,523

MoM −115 −3.2% YoY −11.4%

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

MoM +3 days +15.0% YoY +9.5%

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

98%

MoM no change YoY no change

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

51.9%

MoM −0.1 pp −0.2% YoY +31.5%

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.

2.4

MoM +0 +11.8% YoY −20.7%

Trend

13 months to July 2018

Average price

Peel Region average selling price over the 13 months ending July 2018.
Month	Average price
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
Jul '18	716077

Sales

Peel Region sales over the 13 months ending July 2018.
Month	Sales
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
Jul '18	1466

By home type

Home type	Sales	MoM	Average	MoM	Median	SNLR	MOI
All home types	1,466	−227 −13.4% down 227, 13.4% versus June 2018	$716,077	−$4,138 −0.6% down $4,138, 0.6% versus June 2018	$670,000	51.9%	2.4
Detached	672	−89 −11.7% down 89, 11.7% versus June 2018	$911,861	−$12,351 −1.3% down $12,351, 1.3% versus June 2018	$840,000	46.6%	3.0
Semi-detached	218	−53 −19.6% down 53, 19.6% versus June 2018	$681,220	+$7,556 +1.1% up $7,556, 1.1% versus June 2018	$681,000	54.0%	1.9
Att/row/townhouse	126	−22 −14.9% down 22, 14.9% versus June 2018	$613,742	−$14,244 −2.3% down $14,244, 2.3% versus June 2018	$619,500	47.4%	2.4
Condo townhouse	147	−62 −29.7% down 62, 29.7% versus June 2018	$551,968	+$11,302 +2.1% up $11,302, 2.1% versus June 2018	$530,000	55.5%	2.2
Condo apartment	295	no change no change versus June 2018	$423,157	+$11,969 +2.9% up $11,969, 2.9% versus June 2018	$400,000	68.6%	1.6
Link	7	−1 −12.5% down 1, 12.5% versus June 2018	$668,571	+$31,821 +5.0% up $31,821, 5.0% versus June 2018	$640,000	43.8%	2.1
Co-op apartment	0	no change no change versus June 2018	—	n/a not available, prior month not on file versus June 2018	—	—	—
Detached condo	1	no change no change versus June 2018	$510,000	−$590,000 −53.6% down $590,000, 53.6% versus June 2018	$510,000	33.3%	4.0
Co-ownership apartment	0	no change no change versus June 2018	—	n/a not available, prior month not on file versus June 2018	—	—	—

Movers within Peel Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

Caledon +3.4% up 3.4%
Brampton +1.6% up 1.6%
Mississauga −2.7% down 2.7%

Bottom 5

Mississauga −2.7% down 2.7%
Brampton +1.6% up 1.6%
Caledon +3.4% up 3.4%

Sales, month-over-month

Top 5

Mississauga −12.5% down 12.5%
Brampton −13.4% down 13.4%
Caledon −22.5% down 22.5%

Bottom 5

Caledon −22.5% down 22.5%
Brampton −13.4% down 13.4%
Mississauga −12.5% down 12.5%

Peel Region

Caledon

Caledon, Peel Region

$904,223

+$29,533 +3.4% up $29,533, 3.4% versus June 2018

Sales: 69
SP/LP: 96%
DOM: 36
SNLR: 51.9%

Full history →

Brampton

Brampton, Peel Region

$707,017

+$11,113 +1.6% up $11,113, 1.6% versus June 2018

Sales: 668
SP/LP: 98%
DOM: 22
SNLR: 48.0%

Full history →

Mississauga

Mississauga, Peel Region

$706,570

−$19,641 −2.7% down $19,641, 2.7% versus June 2018

Sales: 729
SP/LP: 98%
DOM: 24
SNLR: 56.1%

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	69	−20 −22.5% down 20, 22.5% versus June 2018	$62.4M	$904,223	+$29,533 +3.4% up $29,533, 3.4% versus June 2018	$790,000	133	281	96%	36	—	51.9%	4.1
Brampton Brampton, Peel Region	668	−103 −13.4% down 103, 13.4% versus June 2018	$472.3M	$707,017	+$11,113 +1.6% up $11,113, 1.6% versus June 2018	$671,000	1,393	1,588	98%	22	—	48.0%	2.4
Mississauga Mississauga, Peel Region	729	−104 −12.5% down 104, 12.5% versus June 2018	$515.1M	$706,570	−$19,641 −2.7% down $19,641, 2.7% versus June 2018	$650,000	1,299	1,654	98%	24	—	56.1%	2.3