Source: TRREB MarketWatch, May 2026

3 areas

Peel Region

May 2026

Headline indicators

All home types

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

$956,019

MoM +$5,604 +0.6% up $5,604, 0.6% versus April 2026 YoY −6.5% down 6.5% versus May 2025

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

$875,000

MoM +$2,250 +0.3% up $2,250, 0.3% versus April 2026 YoY −6.4% down 6.4% versus May 2025

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

$887,900

MoM −$1,300 −0.1% down $1,300, 0.1% versus April 2026 YoY −7.6% down 7.6% versus May 2025

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

1,106

MoM +110 +11.0% up 110, 11.0% versus April 2026 YoY +6.9% up 6.9% versus May 2025

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

$1.06B

MoM +$110,743,357 +11.7% up $110,743,357, 11.7% versus April 2026 YoY −0.1% down 0.1% versus May 2025

New listings — Properties newly listed during the month.

3,267

MoM +109 +3.5% up 109, 3.5% versus April 2026 YoY −19.9% down 19.9% versus May 2025

Active listings — Listings available at month end.

5,053

MoM +412 +8.9% up 412, 8.9% versus April 2026 YoY −12.9% down 12.9% versus May 2025

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

29

MoM −2 days −6.5% down 2 days, 6.5% versus April 2026 YoY +11.5% up 11.5% versus May 2025

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

44

MoM −3 days −6.4% down 3 days, 6.4% versus April 2026 YoY +4.8% up 4.8% versus May 2025

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% up 1.0 pp, 1.0% versus April 2026 YoY no change no change versus May 2025

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

33.9%

MoM +2.3 pp +7.3% up 2.3 pp, 7.3% versus April 2026 YoY +33.4% up 33.4% versus May 2025

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.

4.6

MoM −0 −2.0% down 0, 2.0% versus April 2026 YoY −18.5% down 18.5% versus May 2025

Trend

13 months to May 2026

Average price

Peel Region average selling price over the 13 months ending May 2026.
Month Average price
May '25 1022631
Jun '25 1015512
Jul '25 972669
Aug '25 960351
Sep '25 959313
Oct '25 965359
Nov '25 962247
Dec '25 937012
Jan '26 929058
Feb '26 933616
Mar '26 956714
Apr '26 950415
May '26 956019

Sales

Peel Region sales over the 13 months ending May 2026.
Month Sales
May '25 1035
Jun '25 1079
Jul '25 1052
Aug '25 915
Sep '25 996
Oct '25 1097
Nov '25 841
Dec '25 666
Jan '26 609
Feb '26 706
Mar '26 876
Apr '26 996
May '26 1106

By home type

Home typeSalesMoMAverageMoMMedianSNLRMOI
All home types 1,106 +110 +11.0% up 110, 11.0% versus April 2026 $956,019 +$5,604 +0.6% up $5,604, 0.6% versus April 2026 $875,000 33.9% 4.6
Detached 543 +50 +10.1% up 50, 10.1% versus April 2026 $1,210,276 +$17,960 +1.5% up $17,960, 1.5% versus April 2026 $1,130,000 32.9% 4.5
Semi-detached 160 +4 +2.6% up 4, 2.6% versus April 2026 $867,528 +$10,180 +1.2% up $10,180, 1.2% versus April 2026 $852,000 41.0% 3.0
Att/row/townhouse 104 +19 +22.4% up 19, 22.4% versus April 2026 $803,384 +$5,317 +0.7% up $5,317, 0.7% versus April 2026 $801,000 40.1% 3.3
Condo townhouse 111 +13 +13.3% up 13, 13.3% versus April 2026 $672,815 −$6,351 −0.9% down $6,351, 0.9% versus April 2026 $664,000 29.3% 5.7
Condo apartment 179 +24 +15.5% up 24, 15.5% versus April 2026 $530,780 +$814 +0.2% up $814, 0.2% versus April 2026 $505,000 31.8% 6.0
Link 6 −1 −14.3% down 1, 14.3% versus April 2026 $949,833 +$42,476 +4.7% up $42,476, 4.7% versus April 2026 $950,000 42.9% 4.0
Co-op apartment 1 n/a not available, prior month not on file versus April 2026 $674,000 n/a not available, prior month not on file versus April 2026 $674,000 5.0
Detached condo 2 no change no change versus April 2026 $877,500 −$205,000 −18.9% down $205,000, 18.9% versus April 2026 $877,500 18.2% 9.0

MLS® Home Price Index

CategoryIndexBenchmarkYoY
Composite 304.5 $887,900 −7.6% down 7.6%
Single-family detached 312.6 $1,147,600 −7.8% down 7.8%
Single-family attached 314.3 $824,500 −7.9% down 7.9%
Townhouse 319.6 $680,400 −9.4% down 9.4%
Apartment 284.6 $489,000 −10.1% down 10.1%

Movers within Peel Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

  1. Caledon +11.8% up 11.8%
  2. Brampton +0.4% up 0.4%
  3. Mississauga −1.0% down 1.0%

Bottom 5

  1. Mississauga −1.0% down 1.0%
  2. Brampton +0.4% up 0.4%
  3. Caledon +11.8% up 11.8%

Sales, month-over-month

Top 5

  1. Brampton +12.3% up 12.3%
  2. Caledon +10.8% up 10.8%
  3. Mississauga +10.1% up 10.1%

Bottom 5

  1. Mississauga +10.1% up 10.1%
  2. Caledon +10.8% up 10.8%
  3. Brampton +12.3% up 12.3%

Peel Region

Caledon

Caledon, Peel Region

$1,222,347

+$129,021 +11.8% up $129,021, 11.8% versus April 2026

Sales
82
SP/LP
96%
DOM
32
SNLR
32.3%

Full history →

Mississauga

Mississauga, Peel Region

$971,047

−$9,606 −1.0% down $9,606, 1.0% versus April 2026

Sales
568
SP/LP
97%
DOM
30
SNLR
35.9%

Full history →

Brampton

Brampton, Peel Region

$889,407

+$3,471 +0.4% up $3,471, 0.4% versus April 2026

Sales
456
SP/LP
99%
DOM
27
SNLR
31.9%

Full history →

All Peel Region areas

3 areas

Area Sales MoM $ volume Average MoM Median New Active SP/LP LDOM PDOM SNLR MOI
Caledon Caledon, Peel Region 82 +8 +10.8% up 8, 10.8% versus April 2026 $100.2M $1,222,347 +$129,021 +11.8% up $129,021, 11.8% versus April 2026 $1,116,000 254 455 96% 32 45 32.3% 5.5
Mississauga Mississauga, Peel Region 568 +52 +10.1% up 52, 10.1% versus April 2026 $551.6M $971,047 −$9,606 −1.0% down $9,606, 1.0% versus April 2026 $896,500 1,582 2,465 97% 30 45 35.9% 4.3
Brampton Brampton, Peel Region 456 +50 +12.3% up 50, 12.3% versus April 2026 $405.6M $889,407 +$3,471 +0.4% up $3,471, 0.4% versus April 2026 $835,000 1,431 2,133 99% 27 43 31.9% 4.7