Source: TRREB MarketWatch, August 2018

3 areas

Peel Region

August 2018

Headline indicators

All home types

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

$703,342

MoM −$12,735 −1.8% YoY +7.6%

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

$663,250

MoM −$6,750 −1.0% YoY +7.0%

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

—

MoM n/a YoY n/a

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

1,446

MoM −20 −1.4% YoY +10.6%

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

$1.02B

MoM −$32,736,504 −3.1% YoY +19.0%

New listings — Properties newly listed during the month.

2,647

MoM −178 −6.3% YoY −0.0%

Active listings — Listings available at month end.

3,325

MoM −198 −5.6% YoY −5.9%

Avg. DOM — Average days on market. Editions before 2020 report this single figure rather than splitting it into LDOM and PDOM.

MoM +1 day +4.3% YoY no change

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

98%

MoM no change YoY no change

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

54.6%

MoM +2.7 pp +5.3% YoY +10.7%

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.

2.3

MoM −0 −4.3% YoY −15.0%

Trend

13 months to August 2018

Average price

Peel Region average selling price over the 13 months ending August 2018.
Month	Average price
Aug '17	653845
Sep '17	674107
Oct '17	689294
Nov '17	676948
Dec '17	677926
Jan '18	663896
Feb '18	686621
Mar '18	715158
Apr '18	725598
May '18	735690
Jun '18	720215
Jul '18	716077
Aug '18	703342

Sales

Peel Region sales over the 13 months ending August 2018.
Month	Sales
Aug '17	1307
Sep '17	1288
Oct '17	1416
Nov '17	1554
Dec '17	1076
Jan '18	887
Feb '18	1024
Mar '18	1546
Apr '18	1689
May '18	1807
Jun '18	1693
Jul '18	1466
Aug '18	1446

By home type

Home type	Sales	MoM	Average	MoM	Median	SNLR	MOI
All home types	1,446	−20 −1.4% down 20, 1.4% versus July 2018	$703,342	−$12,735 −1.8% down $12,735, 1.8% versus July 2018	$663,250	54.6%	2.3
Detached	634	−38 −5.7% down 38, 5.7% versus July 2018	$898,543	−$13,318 −1.5% down $13,318, 1.5% versus July 2018	$832,000	47.7%	3.0
Semi-detached	217	−1 −0.5% down 1, 0.5% versus July 2018	$679,784	−$1,436 −0.2% down $1,436, 0.2% versus July 2018	$672,000	53.2%	1.9
Att/row/townhouse	130	+4 +3.2% up 4, 3.2% versus July 2018	$630,510	+$16,768 +2.7% up $16,768, 2.7% versus July 2018	$630,000	57.8%	2.1
Condo townhouse	178	+31 +21.1% up 31, 21.1% versus July 2018	$539,688	−$12,280 −2.2% down $12,280, 2.2% versus July 2018	$529,150	64.5%	1.6
Condo apartment	275	−20 −6.8% down 20, 6.8% versus July 2018	$407,065	−$16,092 −3.8% down $16,092, 3.8% versus July 2018	$391,000	69.6%	1.5
Link	10	+3 +42.9% up 3, 42.9% versus July 2018	$703,900	+$35,329 +5.3% up $35,329, 5.3% versus July 2018	$703,500	71.4%	1.4
Co-op apartment	0	no change no change versus July 2018	—	n/a not available, prior month not on file versus July 2018	—	—	—
Detached condo	2	+1 +100.0% up 1, 100.0% versus July 2018	$1,415,000	+$905,000 +177.5% up $905,000, 177.5% versus July 2018	$1,415,000	200.0%	0.5
Co-ownership apartment	0	no change no change versus July 2018	—	n/a not available, prior month not on file versus July 2018	—	—	—

Movers within Peel Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

Brampton +0.4% up 0.4%
Mississauga −3.2% down 3.2%
Caledon −6.0% down 6.0%

Bottom 5

Caledon −6.0% down 6.0%
Mississauga −3.2% down 3.2%
Brampton +0.4% up 0.4%

Sales, month-over-month

Top 5

Brampton +0.4% up 0.4%
Mississauga −2.6% down 2.6%
Caledon −5.8% down 5.8%

Bottom 5

Caledon −5.8% down 5.8%
Mississauga −2.6% down 2.6%
Brampton +0.4% up 0.4%

Peel Region

Caledon

Caledon, Peel Region

$849,738

−$54,485 −6.0% down $54,485, 6.0% versus July 2018

Sales: 65
SP/LP: 97%
DOM: 34
SNLR: 42.8%

Full history →

Brampton

Brampton, Peel Region

$709,818

+$2,801 +0.4% up $2,801, 0.4% versus July 2018

Sales: 671
SP/LP: 98%
DOM: 23
SNLR: 49.3%

Full history →

Mississauga

Mississauga, Peel Region

$683,819

−$22,751 −3.2% down $22,751, 3.2% versus July 2018

Sales: 710
SP/LP: 98%
DOM: 25
SNLR: 62.6%

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	65	−4 −5.8% down 4, 5.8% versus July 2018	$55.2M	$849,738	−$54,485 −6.0% down $54,485, 6.0% versus July 2018	$785,000	152	293	97%	34	—	42.8%	4.5
Brampton Brampton, Peel Region	671	+3 +0.4% up 3, 0.4% versus July 2018	$476.3M	$709,818	+$2,801 +0.4% up $2,801, 0.4% versus July 2018	$670,500	1,361	1,599	98%	23	—	49.3%	2.4
Mississauga Mississauga, Peel Region	710	−19 −2.6% down 19, 2.6% versus July 2018	$485.5M	$683,819	−$22,751 −3.2% down $22,751, 3.2% versus July 2018	$625,500	1,134	1,433	98%	25	—	62.6%	2.0