Source: TRREB MarketWatch, June 2019

3 areas

Peel Region

June 2019

Headline indicators

All home types

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

$758,444

MoM +$4,289 +0.6% YoY +5.3%

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

$703,500

MoM +$3,500 +0.5% YoY +5.0%

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.

1,902

MoM −260 −12.0% YoY +12.3%

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

$1.44B

MoM −$187,922,465 −11.5% YoY +18.3%

New listings — Properties newly listed during the month.

3,118

MoM −594 −16.0% YoY −4.2%

Active listings — Listings available at month end.

3,244

MoM +10 +0.3% YoY −10.8%

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

MoM +2 days +11.8% YoY −5.0%

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

98%

MoM −1.0 pp −1.0% YoY no change

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

61.0%

MoM +2.8 pp +4.7% YoY +17.3%

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 +0 +14.0% YoY −20.6%

Trend

13 months to June 2019

Average price

Peel Region average selling price over the 13 months ending June 2019.
Month	Average price
Jun '18	720215
Jul '18	716077
Aug '18	703342
Sep '18	726414
Oct '18	712798
Nov '18	719649
Dec '18	701427
Jan '19	696690
Feb '19	712623
Mar '19	734417
Apr '19	752576
May '19	754155
Jun '19	758444

Sales

Peel Region sales over the 13 months ending June 2019.
Month	Sales
Jun '18	1693
Jul '18	1466
Aug '18	1446
Sep '18	1315
Oct '18	1457
Nov '18	1228
Dec '18	782
Jan '19	894
Feb '19	1055
Mar '19	1537
Apr '19	1925
May '19	2162
Jun '19	1902

By home type

Home type	Sales	MoM	Average	MoM	Median	SNLR	MOI
All home types	1,902	−260 −12.0% down 260, 12.0% versus May 2019	$758,444	+$4,289 +0.6% up $4,289, 0.6% versus May 2019	$703,500	61.0%	1.7
Detached	872	−101 −10.4% down 101, 10.4% versus May 2019	$951,420	−$10,701 −1.1% down $10,701, 1.1% versus May 2019	$870,000	53.7%	2.2
Semi-detached	322	−19 −5.6% down 19, 5.6% versus May 2019	$701,737	+$8,126 +1.2% up $8,126, 1.2% versus May 2019	$700,000	64.5%	1.1
Att/row/townhouse	162	−21 −11.5% down 21, 11.5% versus May 2019	$655,014	+$2,209 +0.3% up $2,209, 0.3% versus May 2019	$645,000	60.0%	1.5
Condo townhouse	222	−26 −10.5% down 26, 10.5% versus May 2019	$580,089	+$12,270 +2.2% up $12,270, 2.2% versus May 2019	$569,450	73.3%	1.2
Condo apartment	314	−90 −22.3% down 90, 22.3% versus May 2019	$463,481	−$717 −0.2% down $717, 0.2% versus May 2019	$448,000	78.3%	1.3
Link	7	no change no change versus May 2019	$713,857	+$29,500 +4.3% up $29,500, 4.3% versus May 2019	$722,000	38.9%	2.1
Co-op apartment	0	no change no change versus May 2019	—	n/a not available, prior month not on file versus May 2019	—	—	—
Detached condo	2	−4 −66.7% down 4, 66.7% versus May 2019	$608,276	−$259,974 −29.9% down $259,974, 29.9% versus May 2019	$608,276	66.7%	3.5
Co-ownership apartment	1	+1 up 1 versus May 2019	$325,000	n/a not available, prior month not on file versus May 2019	$325,000	—	0.0

Movers within Peel Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

Brampton +2.9% up 2.9%
Mississauga −0.8% down 0.8%
Caledon −8.7% down 8.7%

Bottom 5

Caledon −8.7% down 8.7%
Mississauga −0.8% down 0.8%
Brampton +2.9% up 2.9%

Sales, month-over-month

Top 5

Caledon +3.8% up 3.8%
Brampton −8.1% down 8.1%
Mississauga −17.5% down 17.5%

Bottom 5

Mississauga −17.5% down 17.5%
Brampton −8.1% down 8.1%
Caledon +3.8% up 3.8%

Peel Region

Caledon

Caledon, Peel Region

$936,009

−$89,437 −8.7% down $89,437, 8.7% versus May 2019

Sales: 110
SP/LP: 97%
DOM: 24
SNLR: 52.4%

Full history →

Mississauga

Mississauga, Peel Region

$750,747

−$5,718 −0.8% down $5,718, 0.8% versus May 2019

Sales: 860
SP/LP: 98%
DOM: 19
SNLR: 60.7%

Full history →

Brampton

Brampton, Peel Region

$744,590

+$21,169 +2.9% up $21,169, 2.9% versus May 2019

Sales: 932
SP/LP: 99%
DOM: 18
SNLR: 62.5%

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	110	+4 +3.8% up 4, 3.8% versus May 2019	$103.0M	$936,009	−$89,437 −8.7% down $89,437, 8.7% versus May 2019	$838,000	210	326	97%	24	—	52.4%	3.0
Mississauga Mississauga, Peel Region	860	−182 −17.5% down 182, 17.5% versus May 2019	$645.6M	$750,747	−$5,718 −0.8% down $5,718, 0.8% versus May 2019	$676,893	1,417	1,532	98%	19	—	60.7%	1.8
Brampton Brampton, Peel Region	932	−82 −8.1% down 82, 8.1% versus May 2019	$694.0M	$744,590	+$21,169 +2.9% up $21,169, 2.9% versus May 2019	$707,000	1,491	1,386	99%	18	—	62.5%	1.5