Source: TRREB MarketWatch, October 2022

3 areas

Peel Region

October 2022

Headline indicators

All home types

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

$1,036,140

MoM −$8,245 −0.8% YoY −2.8%

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

$943,500

MoM −$13,000 −1.4% YoY −5.2%

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

$1,052,300

MoM −$15,700 −1.5% YoY −0.9%

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

902

MoM −34 −3.6% YoY −53.0%

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

$934.6M

MoM −$42,946,696 −4.4% YoY −54.3%

New listings — Properties newly listed during the month.

1,908

MoM −84 −4.2% YoY −8.7%

Active listings — Listings available at month end.

2,307

MoM −197 −7.9% YoY +137.8%

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

MoM −2 days −8.3% YoY +100.0%

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

MoM −1 day −2.7% YoY +140.0%

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

97%

MoM no change YoY −9.3%

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

47.3%

MoM +0.3 pp +0.6% YoY −48.5%

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.

2.6

MoM −0 −4.4% YoY +406.3%

Trend

13 months to October 2022

Average price

Peel Region average selling price over the 13 months ending October 2022.
Month	Average price
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
Aug '22	1062984
Sep '22	1044385
Oct '22	1036140

Sales

Peel Region sales over the 13 months ending October 2022.
Month	Sales
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
Aug '22	1058
Sep '22	936
Oct '22	902

By home type

Home type	Sales	MoM	Average	MoM	Median	SNLR	MOI
All home types	902	−34 −3.6% down 34, 3.6% versus September 2022	$1,036,140	−$8,245 −0.8% down $8,245, 0.8% versus September 2022	$943,500	47.3%	2.6
Detached	419	−2 −0.5% down 2, 0.5% versus September 2022	$1,319,050	−$778 −0.1% down $778, 0.1% versus September 2022	$1,202,000	43.6%	2.8
Semi-detached	123	−41 −25.0% down 41, 25.0% versus September 2022	$964,191	−$3,872 −0.4% down $3,872, 0.4% versus September 2022	$950,000	61.8%	1.5
Att/row/townhouse	79	−2 −2.5% down 2, 2.5% versus September 2022	$899,963	−$5,059 −0.6% down $5,059, 0.6% versus September 2022	$890,000	56.0%	1.7
Condo townhouse	102	−12 −10.5% down 12, 10.5% versus September 2022	$753,862	−$25,146 −3.2% down $25,146, 3.2% versus September 2022	$750,500	49.8%	2.7
Condo apartment	177	+29 +19.6% up 29, 19.6% versus September 2022	$634,432	+$7,581 +1.2% up $7,581, 1.2% versus September 2022	$595,000	44.4%	3.1
Link	1	−3 −75.0% down 3, 75.0% versus September 2022	$985,000	−$52,375 −5.0% down $52,375, 5.0% versus September 2022	$985,000	—	1.0
Detached condo	1	−3 −75.0% down 3, 75.0% versus September 2022	$2,050,000	+$1,025,625 +100.1% up $1,025,625, 100.1% versus September 2022	$2,050,000	33.3%	4.0

MLS® Home Price Index

Category	Index	Benchmark	YoY
Composite	405	$1,052,300	−0.9% down 0.9%
Single-family detached	364.1	$1,332,900	−2.9% down 2.9%
Single-family attached	363.9	$970,900	−3.4% down 3.4%
Townhouse	380.8	$805,400	+5.0% up 5.0%
Apartment	371	$635,600	+11.6% up 11.6%

Movers within Peel Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

Caledon +25.9% up 25.9%
Brampton −0.4% down 0.4%
Mississauga −4.4% down 4.4%

Bottom 5

Mississauga −4.4% down 4.4%
Brampton −0.4% down 0.4%
Caledon +25.9% up 25.9%

Sales, month-over-month

Top 5

Brampton −0.2% down 0.2%
Mississauga −4.3% down 4.3%
Caledon −20.0% down 20.0%

Bottom 5

Caledon −20.0% down 20.0%
Mississauga −4.3% down 4.3%
Brampton −0.2% down 0.2%

Peel Region

Caledon

Caledon, Peel Region

$1,709,975

+$352,250 +25.9% up $352,250, 25.9% versus September 2022

Sales: 52
SP/LP: 90%
DOM: 30
SNLR: 34.9%

Full history →

Brampton

Brampton, Peel Region

$1,003,263

−$4,061 −0.4% down $4,061, 0.4% versus September 2022

Sales: 404
SP/LP: 97%
DOM: 20
SNLR: 49.2%

Full history →

Mississauga

Mississauga, Peel Region

$987,356

−$45,533 −4.4% down $45,533, 4.4% versus September 2022

Sales: 446
SP/LP: 97%
DOM: 23
SNLR: 47.5%

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	52	−13 −20.0% down 13, 20.0% versus September 2022	$88.9M	$1,709,975	+$352,250 +25.9% up $352,250, 25.9% versus September 2022	$1,319,000	149	229	90%	30	48	34.9%	4.4
Brampton Brampton, Peel Region	404	−1 −0.2% down 1, 0.2% versus September 2022	$405.3M	$1,003,263	−$4,061 −0.4% down $4,061, 0.4% versus September 2022	$948,750	821	887	97%	20	34	49.2%	2.2
Mississauga Mississauga, Peel Region	446	−20 −4.3% down 20, 4.3% versus September 2022	$440.4M	$987,356	−$45,533 −4.4% down $45,533, 4.4% versus September 2022	$900,000	938	1,191	97%	23	37	47.5%	2.7