Source: TRREB MarketWatch, July 2022

3 areas

Peel Region

July 2022

Headline indicators

All home types

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

$1,066,973

MoM −$34,205 −3.1% YoY +5.8%

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

$960,000

MoM −$39,000 −3.9% YoY +6.7%

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

$1,129,300

MoM −$51,000 −4.3% YoY +15.7%

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

886

MoM −286 −24.4% YoY −55.3%

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

$945.3M

MoM −$345,242,047 −26.8% YoY −52.7%

New listings — Properties newly listed during the month.

2,443

MoM −835 −25.5% YoY −0.1%

Active listings — Listings available at month end.

3,035

MoM −51 −1.7% YoY +91.4%

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

MoM +2 days +12.5% YoY +38.5%

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

MoM +5 days +20.0% YoY +57.9%

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

97%

MoM −2.0 pp −2.0% YoY −5.8%

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

36.3%

MoM +0.5 pp +1.4% YoY −55.2%

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.

3.4

MoM +1 +30.1% YoY +327.6%

Trend

13 months to July 2022

Average price

Peel Region average selling price over the 13 months ending July 2022.
Month	Average price
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
May '22	1180883
Jun '22	1101178
Jul '22	1066973

Sales

Peel Region sales over the 13 months ending July 2022.
Month	Sales
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
May '22	1377
Jun '22	1172
Jul '22	886

By home type

Home type	Sales	MoM	Average	MoM	Median	SNLR	MOI
All home types	886	−286 −24.4% down 286, 24.4% versus June 2022	$1,066,973	−$34,205 −3.1% down $34,205, 3.1% versus June 2022	$960,000	36.3%	3.4
Detached	392	−131 −25.0% down 131, 25.0% versus June 2022	$1,396,762	−$28,049 −2.0% down $28,049, 2.0% versus June 2022	$1,262,500	33.6%	3.8
Semi-detached	153	−29 −15.9% down 29, 15.9% versus June 2022	$961,588	−$56,730 −5.6% down $56,730, 5.6% versus June 2022	$960,000	47.4%	2.3
Att/row/townhouse	77	−31 −28.7% down 31, 28.7% versus June 2022	$918,449	−$32,809 −3.4% down $32,809, 3.4% versus June 2022	$925,000	39.7%	2.6
Condo townhouse	108	−43 −28.5% down 43, 28.5% versus June 2022	$766,530	−$29,152 −3.7% down $29,152, 3.7% versus June 2022	$775,000	36.0%	3.4
Condo apartment	154	−49 −24.1% down 49, 24.1% versus June 2022	$616,876	−$32,923 −5.1% down $32,923, 5.1% versus June 2022	$599,500	34.5%	3.9
Link	1	−4 −80.0% down 4, 80.0% versus June 2022	$1,105,000	+$49,500 +4.7% up $49,500, 4.7% versus June 2022	$1,105,000	20.0%	6.0
Detached condo	1	n/a not available, prior month not on file versus June 2022	$1,075,000	n/a not available, prior month not on file versus June 2022	$1,075,000	16.7%	5.0

MLS® Home Price Index

Category	Index	Benchmark	YoY
Composite	434.7	$1,129,300	+15.7% up 15.7%
Single-family detached	391.3	$1,432,600	+14.4% up 14.4%
Single-family attached	389.2	$1,038,300	+14.3% up 14.3%
Townhouse	413.2	$873,900	+19.6% up 19.6%
Apartment	393.1	$673,300	+23.1% up 23.1%

Movers within Peel Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

Mississauga −2.3% down 2.3%
Brampton −3.4% down 3.4%
Caledon −4.4% down 4.4%

Bottom 5

Caledon −4.4% down 4.4%
Brampton −3.4% down 3.4%
Mississauga −2.3% down 2.3%

Sales, month-over-month

Top 5

Brampton −21.6% down 21.6%
Mississauga −26.2% down 26.2%
Caledon −31.0% down 31.0%

Bottom 5

Caledon −31.0% down 31.0%
Mississauga −26.2% down 26.2%
Brampton −21.6% down 21.6%

Peel Region

Caledon

Caledon, Peel Region

$1,447,135

−$67,125 −4.4% down $67,125, 4.4% versus June 2022

Sales: 40
SP/LP: 97%
DOM: 16
SNLR: 24.8%

Full history →

Mississauga

Mississauga, Peel Region

$1,068,804

−$24,939 −2.3% down $24,939, 2.3% versus June 2022

Sales: 440
SP/LP: 97%
DOM: 20
SNLR: 38.0%

Full history →

Brampton

Brampton, Peel Region

$1,027,535

−$35,944 −3.4% down $35,944, 3.4% versus June 2022

Sales: 406
SP/LP: 98%
DOM: 16
SNLR: 36.1%

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	40	−18 −31.0% down 18, 31.0% versus June 2022	$57.9M	$1,447,135	−$67,125 −4.4% down $67,125, 4.4% versus June 2022	$1,222,500	161	266	97%	16	27	24.8%	6.7
Mississauga Mississauga, Peel Region	440	−156 −26.2% down 156, 26.2% versus June 2022	$470.3M	$1,068,804	−$24,939 −2.3% down $24,939, 2.3% versus June 2022	$920,000	1,159	1,478	97%	20	32	38.0%	3.4
Brampton Brampton, Peel Region	406	−112 −21.6% down 112, 21.6% versus June 2022	$417.2M	$1,027,535	−$35,944 −3.4% down $35,944, 3.4% versus June 2022	$977,500	1,123	1,291	98%	16	29	36.1%	3.2