Source: TRREB MarketWatch, April 2022

3 areas

Peel Region

April 2022

Headline indicators

All home types

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

$1,242,343

MoM −$26,899 −2.1% YoY +20.0%

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

$1,132,500

MoM −$67,500 −5.6% YoY +21.1%

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

$1,292,000

MoM −$22,400 −1.7% YoY +35.5%

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

1,535

MoM −572 −27.1% YoY −43.8%

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

$1.91B

MoM −$767,296,448 −28.7% YoY −32.6%

New listings — Properties newly listed during the month.

3,893

MoM −212 −5.2% YoY −7.8%

Active listings — Listings available at month end.

2,564

MoM +667 +35.2% YoY +21.5%

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

MoM +3 days +42.9% YoY no change

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

MoM +6 days +66.7% YoY +15.4%

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

106%

MoM −6.0 pp −5.4% YoY +1.0%

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

39.4%

MoM −11.9 pp −23.2% YoY −39.1%

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.

1.7

MoM +1 +85.5% YoY +116.3%

Trend

13 months to April 2022

Average price

Peel Region average selling price over the 13 months ending April 2022.
Month	Average price
Apr '21	1035341
May '21	1055907
Jun '21	1041440
Jul '21	1008584
Aug '21	1039500
Sep '21	1087321
Oct '21	1065595
Nov '21	1114138
Dec '21	1189424
Jan '22	1291955
Feb '22	1317192
Mar '22	1269242
Apr '22	1242343

Sales

Peel Region sales over the 13 months ending April 2022.
Month	Sales
Apr '21	2733
May '21	2379
Jun '21	2281
Jul '21	1980
Aug '21	1805
Sep '21	1829
Oct '21	1920
Nov '21	1716
Dec '21	1236
Jan '22	1166
Feb '22	1874
Mar '22	2107
Apr '22	1535

By home type

Home type	Sales	MoM	Average	MoM	Median	SNLR	MOI
All home types	1,535	−572 −27.1% down 572, 27.1% versus March 2022	$1,242,343	−$26,899 −2.1% down $26,899, 2.1% versus March 2022	$1,132,500	39.4%	1.7
Detached	680	−200 −22.7% down 200, 22.7% versus March 2022	$1,626,029	−$49,451 −3.0% down $49,451, 3.0% versus March 2022	$1,475,000	38.0%	1.8
Semi-detached	270	−61 −18.4% down 61, 18.4% versus March 2022	$1,144,949	−$73,946 −6.1% down $73,946, 6.1% versus March 2022	$1,145,000	42.5%	1.4
Att/row/townhouse	125	−61 −32.8% down 61, 32.8% versus March 2022	$1,040,528	−$93,553 −8.2% down $93,553, 8.2% versus March 2022	$999,999	34.8%	1.9
Condo townhouse	200	−91 −31.3% down 91, 31.3% versus March 2022	$895,443	−$50,106 −5.3% down $50,106, 5.3% versus March 2022	$889,500	42.7%	1.5
Condo apartment	254	−156 −38.0% down 156, 38.0% versus March 2022	$701,272	−$27,768 −3.8% down $27,768, 3.8% versus March 2022	$689,500	41.1%	1.7
Link	3	−2 −40.0% down 2, 40.0% versus March 2022	$1,004,000	−$302,000 −23.1% down $302,000, 23.1% versus March 2022	$995,000	18.8%	2.7
Co-op apartment	2	+2 up 2 versus March 2022	$435,000	+$435,000 up $435,000 versus March 2022	$435,000	200.0%	0.0
Detached condo	1	−3 −75.0% down 3, 75.0% versus March 2022	$999,999	−$221,251 −18.1% down $221,251, 18.1% versus March 2022	$999,999	33.3%	2.0
Co-ownership apartment	0	no change no change versus March 2022	$0	no change no change versus March 2022	—	—	—

MLS® Home Price Index

Category	Index	Benchmark	YoY
Composite	455.9	$1,292,000	+35.5% up 35.5%
Single-family detached	449.2	$1,590,800	+34.7% up 34.7%
Single-family attached	465.1	$1,188,500	+34.5% up 34.5%
Townhouse	448.8	$948,900	+33.6% up 33.6%
Apartment	456.7	$780,900	+39.1% up 39.1%

Movers within Peel Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

Caledon +3.4% up 3.4%
Mississauga −1.0% down 1.0%
Brampton −5.3% down 5.3%

Bottom 5

Brampton −5.3% down 5.3%
Mississauga −1.0% down 1.0%
Caledon +3.4% up 3.4%

Sales, month-over-month

Top 5

Caledon −17.5% down 17.5%
Brampton −22.8% down 22.8%
Mississauga −32.0% down 32.0%

Bottom 5

Mississauga −32.0% down 32.0%
Brampton −22.8% down 22.8%
Caledon −17.5% down 17.5%

Peel Region

Caledon

Caledon, Peel Region

$1,771,890

+$57,798 +3.4% up $57,798, 3.4% versus March 2022

Sales: 99
SP/LP: 103%
DOM: 14
SNLR: 41.8%

Full history →

Brampton

Brampton, Peel Region

$1,241,658

−$69,133 −5.3% down $69,133, 5.3% versus March 2022

Sales: 716
SP/LP: 106%
DOM: 10
SNLR: 35.9%

Full history →

Mississauga

Mississauga, Peel Region

$1,170,211

−$12,213 −1.0% down $12,213, 1.0% versus March 2022

Sales: 720
SP/LP: 106%
DOM: 10
SNLR: 43.4%

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	99	−21 −17.5% down 21, 17.5% versus March 2022	$175.4M	$1,771,890	+$57,798 +3.4% up $57,798, 3.4% versus March 2022	$1,522,000	237	178	103%	14	22	41.8%	1.8
Brampton Brampton, Peel Region	716	−212 −22.8% down 212, 22.8% versus March 2022	$889.0M	$1,241,658	−$69,133 −5.3% down $69,133, 5.3% versus March 2022	$1,155,250	1,997	1,285	106%	10	15	35.9%	1.8
Mississauga Mississauga, Peel Region	720	−339 −32.0% down 339, 32.0% versus March 2022	$842.6M	$1,170,211	−$12,213 −1.0% down $12,213, 1.0% versus March 2022	$1,028,500	1,659	1,101	106%	10	13	43.4%	1.5