Source: TRREB MarketWatch, November 2018

3 areas

Peel Region

November 2018

Headline indicators

All home types

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

$719,649

MoM +$6,851 +1.0% YoY +6.3%

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

$664,000

MoM +$4,000 +0.6% YoY +5.4%

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.

1,228

MoM −229 −15.7% YoY −21.0%

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

$883.7M

MoM −$154,818,433 −14.9% YoY −16.0%

New listings — Properties newly listed during the month.

1,931

MoM −707 −26.8% YoY −35.2%

Active listings — Listings available at month end.

2,706

MoM −509 −15.8% YoY −21.2%

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

MoM +2 days +8.3% YoY +8.3%

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.

63.6%

MoM +8.4 pp +15.1% YoY +21.9%

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.

2.2

MoM −0 −0.1% YoY −0.3%

Trend

13 months to November 2018

Average price

Peel Region average selling price over the 13 months ending November 2018.
Month	Average price
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
Aug '18	703342
Sep '18	726414
Oct '18	712798
Nov '18	719649

Sales

Peel Region sales over the 13 months ending November 2018.
Month	Sales
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
Aug '18	1446
Sep '18	1315
Oct '18	1457
Nov '18	1228

By home type

Home type	Sales	MoM	Average	MoM	Median	SNLR	MOI
All home types	1,228	−229 −15.7% down 229, 15.7% versus October 2018	$719,649	+$6,851 +1.0% up $6,851, 1.0% versus October 2018	$664,000	63.6%	2.2
Detached	527	−127 −19.4% down 127, 19.4% versus October 2018	$936,724	+$25,794 +2.8% up $25,794, 2.8% versus October 2018	$840,000	52.3%	3.1
Semi-detached	219	−8 −3.5% down 8, 3.5% versus October 2018	$661,460	−$18,843 −2.8% down $18,843, 2.8% versus October 2018	$660,000	82.0%	1.3
Att/row/townhouse	108	−13 −10.7% down 13, 10.7% versus October 2018	$644,978	+$18,038 +2.9% up $18,038, 2.9% versus October 2018	$641,000	63.2%	1.9
Condo townhouse	140	−27 −16.2% down 27, 16.2% versus October 2018	$538,605	+$23,127 +4.5% up $23,127, 4.5% versus October 2018	$526,250	78.2%	1.6
Condo apartment	225	−55 −19.6% down 55, 19.6% versus October 2018	$419,011	−$12,659 −2.9% down $12,659, 2.9% versus October 2018	$402,000	75.0%	1.5
Link	6	no change no change versus October 2018	$676,167	−$29,416 −4.2% down $29,416, 4.2% versus October 2018	$684,000	100.0%	1.5
Co-op apartment	1	+1 up 1 versus October 2018	$475,000	n/a not available, prior month not on file versus October 2018	$475,000	—	0.0
Detached condo	2	no change no change versus October 2018	$672,000	+$9,500 +1.4% up $9,500, 1.4% versus October 2018	$672,000	200.0%	2.0
Co-ownership apartment	0	no change no change versus October 2018	—	n/a not available, prior month not on file versus October 2018	—	—	—

Movers within Peel Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

Mississauga +5.6% up 5.6%
Brampton −2.2% down 2.2%
Caledon −5.9% down 5.9%

Bottom 5

Caledon −5.9% down 5.9%
Brampton −2.2% down 2.2%
Mississauga +5.6% up 5.6%

Sales, month-over-month

Top 5

Brampton −13.6% down 13.6%
Mississauga −17.2% down 17.2%
Caledon −21.0% down 21.0%

Bottom 5

Caledon −21.0% down 21.0%
Mississauga −17.2% down 17.2%
Brampton −13.6% down 13.6%

Peel Region

Caledon

Caledon, Peel Region

$915,368

−$57,132 −5.9% down $57,132, 5.9% versus October 2018

Sales: 64
SP/LP: 96%
DOM: 32
SNLR: 54.2%

Full history →

Mississauga

Mississauga, Peel Region

$732,771

+$38,851 +5.6% up $38,851, 5.6% versus October 2018

Sales: 572
SP/LP: 97%
DOM: 26
SNLR: 64.7%

Full history →

Brampton

Brampton, Peel Region

$685,812

−$15,321 −2.2% down $15,321, 2.2% versus October 2018

Sales: 592
SP/LP: 98%
DOM: 25
SNLR: 63.7%

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	64	−17 −21.0% down 17, 21.0% versus October 2018	$58.6M	$915,368	−$57,132 −5.9% down $57,132, 5.9% versus October 2018	$812,000	118	264	96%	32	—	54.2%	4.1
Mississauga Mississauga, Peel Region	572	−119 −17.2% down 119, 17.2% versus October 2018	$419.1M	$732,771	+$38,851 +5.6% up $38,851, 5.6% versus October 2018	$649,500	884	1,225	97%	26	—	64.7%	2.1
Brampton Brampton, Peel Region	592	−93 −13.6% down 93, 13.6% versus October 2018	$406.0M	$685,812	−$15,321 −2.2% down $15,321, 2.2% versus October 2018	$660,000	929	1,217	98%	25	—	63.7%	2.1