Source: TRREB MarketWatch, November 2022

3 areas

Peel Region

November 2022

Headline indicators

All home types

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

$1,039,706

MoM +$3,566 +0.3% YoY −6.7%

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

$956,250

MoM +$12,750 +1.4% YoY −7.2%

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

$1,044,300

MoM −$8,000 −0.8% YoY −5.1%

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

748

MoM −154 −17.1% YoY −56.4%

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

$777.7M

MoM −$156,897,552 −16.8% YoY −59.3%

New listings — Properties newly listed during the month.

1,593

MoM −315 −16.5% YoY −12.0%

Active listings — Listings available at month end.

2,131

MoM −176 −7.6% YoY +184.9%

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

MoM no change YoY +120.0%

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

MoM −1 day −2.8% YoY +169.2%

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

97%

MoM no change YoY −11.0%

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

47.0%

MoM −0.3 pp −0.7% YoY −50.5%

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.

2.9

MoM +0 +11.4% YoY +553.6%

Trend

13 months to November 2022

Average price

Peel Region average selling price over the 13 months ending November 2022.
Month	Average price
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
Nov '22	1039706

Sales

Peel Region sales over the 13 months ending November 2022.
Month	Sales
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
Nov '22	748

By home type

Home type	Sales	MoM	Average	MoM	Median	SNLR	MOI
All home types	748	−154 −17.1% down 154, 17.1% versus October 2022	$1,039,706	+$3,566 +0.3% up $3,566, 0.3% versus October 2022	$956,250	47.0%	2.9
Detached	348	−71 −16.9% down 71, 16.9% versus October 2022	$1,351,086	+$32,036 +2.4% up $32,036, 2.4% versus October 2022	$1,240,000	43.8%	3.1
Semi-detached	100	−23 −18.7% down 23, 18.7% versus October 2022	$946,743	−$17,448 −1.8% down $17,448, 1.8% versus October 2022	$941,000	58.5%	1.7
Att/row/townhouse	60	−19 −24.1% down 19, 24.1% versus October 2022	$902,418	+$2,455 +0.3% up $2,455, 0.3% versus October 2022	$900,000	44.8%	2.1
Condo townhouse	97	−5 −4.9% down 5, 4.9% versus October 2022	$745,667	−$8,195 −1.1% down $8,195, 1.1% versus October 2022	$739,000	52.7%	2.6
Condo apartment	140	−37 −20.9% down 37, 20.9% versus October 2022	$592,417	−$42,015 −6.6% down $42,015, 6.6% versus October 2022	$576,250	46.4%	3.5
Link	1	no change no change versus October 2022	$1,115,000	+$130,000 +13.2% up $130,000, 13.2% versus October 2022	$1,115,000	33.3%	3.0
Detached condo	2	+1 +100.0% up 1, 100.0% versus October 2022	$1,160,000	−$890,000 −43.4% down $890,000, 43.4% versus October 2022	$1,160,000	50.0%	2.5

MLS® Home Price Index

Category	Index	Benchmark	YoY
Composite	402	$1,044,300	−5.1% down 5.1%
Single-family detached	360.6	$1,320,200	−7.1% down 7.1%
Single-family attached	364.3	$972,000	−7.0% down 7.0%
Townhouse	377.4	$798,100	+0.4% up 0.4%
Apartment	367	$628,600	+6.7% up 6.7%

Movers within Peel Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

Mississauga +3.5% up 3.5%
Brampton −0.4% down 0.4%
Caledon −19.9% down 19.9%

Bottom 5

Caledon −19.9% down 19.9%
Brampton −0.4% down 0.4%
Mississauga +3.5% up 3.5%

Sales, month-over-month

Top 5

Caledon +7.7% up 7.7%
Mississauga −8.3% down 8.3%
Brampton −30.0% down 30.0%

Bottom 5

Brampton −30.0% down 30.0%
Mississauga −8.3% down 8.3%
Caledon +7.7% up 7.7%

Peel Region

Caledon

Caledon, Peel Region

$1,369,267

−$340,708 −19.9% down $340,708, 19.9% versus October 2022

Sales: 56
SP/LP: 96%
DOM: 24
SNLR: 37.1%

Full history →

Mississauga

Mississauga, Peel Region

$1,022,312

+$34,956 +3.5% up $34,956, 3.5% versus October 2022

Sales: 409
SP/LP: 97%
DOM: 24
SNLR: 55.5%

Full history →

Brampton

Brampton, Peel Region

$999,631

−$3,632 −0.4% down $3,632, 0.4% versus October 2022

Sales: 283
SP/LP: 98%
DOM: 20
SNLR: 40.1%

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	56	+4 +7.7% up 4, 7.7% versus October 2022	$76.7M	$1,369,267	−$340,708 −19.9% down $340,708, 19.9% versus October 2022	$1,202,500	151	224	96%	24	46	37.1%	4.0
Mississauga Mississauga, Peel Region	409	−37 −8.3% down 37, 8.3% versus October 2022	$418.1M	$1,022,312	+$34,956 +3.5% up $34,956, 3.5% versus October 2022	$915,000	737	1,035	97%	24	37	55.5%	2.5
Brampton Brampton, Peel Region	283	−121 −30.0% down 121, 30.0% versus October 2022	$282.9M	$999,631	−$3,632 −0.4% down $3,632, 0.4% versus October 2022	$957,500	705	872	98%	20	30	40.1%	3.1