The Greater Toronto Area real estate market peaked in early 2022, with Peel Region's average sale price at $1,317,192 in February 2022, dropping 29.1% to $933,616 by February 2026. Monthly sales in Peel fell 62% from 1,874 to 706, and annual sales dropped 56.4% from 24,658 in 2021 to 10,746 in 2025. In Mississauga, prices declined 21.3% from $1,225,339 to $963,747, with monthly sales down 59.1%.