Source: TRREB MarketWatch, April 2020

3 areas

Peel Region

April 2020

Headline indicators

All home types

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

$802,155

MoM −$38,200 −4.5% YoY +6.6%

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

$750,625

MoM −$29,375 −3.8% YoY +6.1%

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

$811,200

MoM +$5,100 +0.6% YoY +12.6%

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

520

MoM −1,077 −67.4% YoY −73.0%

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

$417.1M

MoM −$924,926,088 −68.9% YoY −71.2%

New listings — Properties newly listed during the month.

1,181

MoM −1,805 −60.4% YoY −65.4%

Active listings — Listings available at month end.

1,875

MoM −14 −0.7% YoY −36.9%

Avg. LDOM — Average days on market for the current listing. Not reported before 2020.

MoM +9 days +90.0% YoY n/a

Avg. PDOM — Average days on market across the property’s consecutive listings. Not reported before 2020.

MoM +10 days +76.9% YoY n/a

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

98%

MoM −4.0 pp −3.9% YoY −1.0%

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

44.0%

MoM −9.5 pp −17.7% YoY −22.0%

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.

3.6

MoM +2 +204.8% YoY +133.5%

Trend

13 months to April 2020

Average price

Peel Region average selling price over the 13 months ending April 2020.
Month	Average price
Apr '19	752576
May '19	754155
Jun '19	758444
Jul '19	761487
Aug '19	745901
Sep '19	764232
Oct '19	790406
Nov '19	769434
Dec '19	781973
Jan '20	784340
Feb '20	861537
Mar '20	840355
Apr '20	802155

Sales

Peel Region sales over the 13 months ending April 2020.
Month	Sales
Apr '19	1925
May '19	2162
Jun '19	1902
Jul '19	1809
Aug '19	1709
Sep '19	1631
Oct '19	1690
Nov '19	1369
Dec '19	920
Jan '20	1005
Feb '20	1516
Mar '20	1597
Apr '20	520

By home type

Home type	Sales	MoM	Average	MoM	Median	SNLR	MOI
All home types	520	−1,077 −67.4% down 1,077, 67.4% versus March 2020	$802,155	−$38,200 −4.5% down $38,200, 4.5% versus March 2020	$750,625	44.0%	3.6
Detached	237	−461 −66.0% down 461, 66.0% versus March 2020	$997,803	−$65,530 −6.2% down $65,530, 6.2% versus March 2020	$899,000	41.2%	4.6
Semi-detached	93	−188 −66.9% down 188, 66.9% versus March 2020	$745,646	−$44,389 −5.6% down $44,389, 5.6% versus March 2020	$750,000	60.4%	2.0
Att/row/townhouse	40	−82 −67.2% down 82, 67.2% versus March 2020	$711,647	−$20,282 −2.8% down $20,282, 2.8% versus March 2020	$717,250	42.1%	3.5
Condo townhouse	76	−144 −65.5% down 144, 65.5% versus March 2020	$609,234	−$24,793 −3.9% down $24,793, 3.9% versus March 2020	$589,500	51.0%	2.0
Condo apartment	73	−196 −72.9% down 196, 72.9% versus March 2020	$490,118	−$42,956 −8.1% down $42,956, 8.1% versus March 2020	$495,000	36.1%	4.0
Link	1	−6 −85.7% down 6, 85.7% versus March 2020	$750,000	−$58,914 −7.3% down $58,914, 7.3% versus March 2020	$750,000	25.0%	9.0
Co-op apartment	0	no change no change versus March 2020	$0	no change no change versus March 2020	—	—	—
Detached condo	0	no change no change versus March 2020	$0	no change no change versus March 2020	—	0.0%	—
Co-ownership apartment	0	no change no change versus March 2020	$0	no change no change versus March 2020	—	—	—

MLS® Home Price Index

Category	Index	Benchmark	YoY
Composite	286.1	$811,200	+12.6% up 12.6%
Single-family detached	274.9	$970,600	+10.7% up 10.7%
Single-family attached	283.9	$726,800	+11.9% up 11.9%
Townhouse	283.8	$609,300	+12.6% up 12.6%
Apartment	309.6	$530,800	+17.9% up 17.9%

Movers within Peel Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

Caledon −2.3% down 2.3%
Mississauga −3.3% down 3.3%
Brampton −6.4% down 6.4%

Bottom 5

Brampton −6.4% down 6.4%
Mississauga −3.3% down 3.3%
Caledon −2.3% down 2.3%

Sales, month-over-month

Top 5

Mississauga −65.6% down 65.6%
Brampton −68.8% down 68.8%
Caledon −71.6% down 71.6%

Bottom 5

Caledon −71.6% down 71.6%
Brampton −68.8% down 68.8%
Mississauga −65.6% down 65.6%

Peel Region

Caledon

Caledon, Peel Region

$960,667

−$22,902 −2.3% down $22,902, 2.3% versus March 2020

Sales: 21
SP/LP: 96%
DOM: 44
SNLR: 23.1%

Full history →

Mississauga

Mississauga, Peel Region

$832,112

−$28,046 −3.3% down $28,046, 3.3% versus March 2020

Sales: 260
SP/LP: 98%
DOM: 18
SNLR: 48.9%

Full history →

Brampton

Brampton, Peel Region

$755,638

−$51,381 −6.4% down $51,381, 6.4% versus March 2020

Sales: 239
SP/LP: 99%
DOM: 17
SNLR: 42.8%

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	21	−53 −71.6% down 53, 71.6% versus March 2020	$20.2M	$960,667	−$22,902 −2.3% down $22,902, 2.3% versus March 2020	$785,000	91	220	96%	44	47	23.1%	10.5
Mississauga Mississauga, Peel Region	260	−496 −65.6% down 496, 65.6% versus March 2020	$216.3M	$832,112	−$28,046 −3.3% down $28,046, 3.3% versus March 2020	$751,000	532	874	98%	18	21	48.9%	3.4
Brampton Brampton, Peel Region	239	−528 −68.8% down 528, 68.8% versus March 2020	$180.6M	$755,638	−$51,381 −6.4% down $51,381, 6.4% versus March 2020	$745,000	558	781	99%	17	22	42.8%	3.3