Source: TRREB MarketWatch, November 2021

3 areas

Peel Region

November 2021

Headline indicators

All home types

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

$1,114,138

MoM +$48,543 +4.6% YoY +25.3%

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

$1,030,000

MoM +$35,000 +3.5% YoY +25.6%

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

$1,084,000

MoM +$44,200 +4.3% YoY +29.3%

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

1,716

MoM −204 −10.6% YoY −8.0%

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

$1.91B

MoM −$134,081,247 −6.6% YoY +15.3%

New listings — Properties newly listed during the month.

1,810

MoM −280 −13.4% YoY −14.8%

Active listings — Listings available at month end.

748

MoM −222 −22.9% YoY −61.2%

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

MoM −1 day −9.1% YoY −41.2%

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

MoM −2 days −13.3% YoY −45.8%

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

109%

MoM +2.0 pp +1.9% YoY +9.0%

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

94.8%

MoM +2.9 pp +3.2% YoY +8.0%

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.

0.4

MoM −0 −13.7% YoY −57.8%

Trend

13 months to November 2021

Average price

Peel Region average selling price over the 13 months ending November 2021.
Month	Average price
Nov '20	889302
Dec '20	894581
Jan '21	952183
Feb '21	1023552
Mar '21	1061015
Apr '21	1035341
May '21	1055907
Jun '21	1041440
Jul '21	1008584
Aug '21	1039500
Sep '21	1087321
Oct '21	1065595
Nov '21	1114138

Sales

Peel Region sales over the 13 months ending November 2021.
Month	Sales
Nov '20	1865
Dec '20	1486
Jan '21	1453
Feb '21	2270
Mar '21	3185
Apr '21	2733
May '21	2379
Jun '21	2281
Jul '21	1980
Aug '21	1805
Sep '21	1829
Oct '21	1920
Nov '21	1716

By home type

Home type	Sales	MoM	Average	MoM	Median	SNLR	MOI
All home types	1,716	−204 −10.6% down 204, 10.6% versus October 2021	$1,114,138	+$48,543 +4.6% up $48,543, 4.6% versus October 2021	$1,030,000	94.8%	0.4
Detached	745	−77 −9.4% down 77, 9.4% versus October 2021	$1,488,131	+$54,175 +3.8% up $54,175, 3.8% versus October 2021	$1,390,999	88.0%	0.5
Semi-detached	239	−27 −10.2% down 27, 10.2% versus October 2021	$1,071,246	+$50,305 +4.9% up $50,305, 4.9% versus October 2021	$1,065,000	95.2%	0.2
Att/row/townhouse	149	+10 +7.2% up 10, 7.2% versus October 2021	$973,567	+$26,280 +2.8% up $26,280, 2.8% versus October 2021	$970,000	96.8%	0.2
Condo townhouse	211	−34 −13.9% down 34, 13.9% versus October 2021	$823,390	+$35,776 +4.5% up $35,776, 4.5% versus October 2021	$820,000	108.8%	0.3
Condo apartment	365	−68 −15.7% down 68, 15.7% versus October 2021	$605,968	+$14,809 +2.5% up $14,809, 2.5% versus October 2021	$582,900	103.4%	0.6
Link	7	−4 −36.4% down 4, 36.4% versus October 2021	$1,028,586	−$25,050 −2.4% down $25,050, 2.4% versus October 2021	$999,900	77.8%	0.4
Co-op apartment	0	no change no change versus October 2021	$0	no change no change versus October 2021	—	0.0%	—
Detached condo	0	−3 −100.0% down 3, 100.0% versus October 2021	$0	−$1,026,667 −100.0% down $1,026,667, 100.0% versus October 2021	—	0.0%	—
Co-ownership apartment	0	−1 −100.0% down 1, 100.0% versus October 2021	$0	−$380,000 −100.0% down $380,000, 100.0% versus October 2021	—	—	—

MLS® Home Price Index

Category	Index	Benchmark	YoY
Composite	382.5	$1,084,000	+29.3% up 29.3%
Single-family detached	382.9	$1,356,000	+33.1% up 33.1%
Single-family attached	399.5	$1,020,900	+33.5% up 33.5%
Townhouse	372.4	$787,400	+24.3% up 24.3%
Apartment	358.8	$613,500	+17.4% up 17.4%

Movers within Peel Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

Brampton +5.0% up 5.0%
Mississauga +4.2% up 4.2%
Caledon +1.3% up 1.3%

Bottom 5

Caledon +1.3% up 1.3%
Mississauga +4.2% up 4.2%
Brampton +5.0% up 5.0%

Sales, month-over-month

Top 5

Brampton −4.9% down 4.9%
Caledon −14.3% down 14.3%
Mississauga −15.4% down 15.4%

Bottom 5

Mississauga −15.4% down 15.4%
Caledon −14.3% down 14.3%
Brampton −4.9% down 4.9%

Peel Region

Caledon

Caledon, Peel Region

$1,581,506

+$21,046 +1.3% up $21,046, 1.3% versus October 2021

Sales: 84
SP/LP: 103%
DOM: 14
SNLR: 83.2%

Full history →

Brampton

Brampton, Peel Region

$1,140,140

+$54,723 +5.0% up $54,723, 5.0% versus October 2021

Sales: 821
SP/LP: 110%
DOM: 7
SNLR: 95.2%

Full history →

Mississauga

Mississauga, Peel Region

$1,039,407

+$42,220 +4.2% up $42,220, 4.2% versus October 2021

Sales: 811
SP/LP: 108%
DOM: 13
SNLR: 95.8%

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	84	−14 −14.3% down 14, 14.3% versus October 2021	$132.8M	$1,581,506	+$21,046 +1.3% up $21,046, 1.3% versus October 2021	$1,421,000	101	92	103%	14	23	83.2%	1.1
Brampton Brampton, Peel Region	821	−42 −4.9% down 42, 4.9% versus October 2021	$936.1M	$1,140,140	+$54,723 +5.0% up $54,723, 5.0% versus October 2021	$1,092,000	862	235	110%	7	10	95.2%	0.3
Mississauga Mississauga, Peel Region	811	−148 −15.4% down 148, 15.4% versus October 2021	$843.0M	$1,039,407	+$42,220 +4.2% up $42,220, 4.2% versus October 2021	$920,000	847	421	108%	13	16	95.8%	0.5