Residential sale prices are expected to ↑ 2-8% in Brampton and Mississauga in 2023. In early Q4 2022, the avg price of a home ↑ 16% yearly from ~$1M to ~$1.2M in Brampton. In Mississauga, the avg price of a home ↑ 12% yearly from ~$1M to ~$1.1M. In 2023, single-detached homes will remain the dominant housing type, followed by condo apartments. Overall, the balanced market is expected to continue in the Greater Toronto Area in 2023.
Market Update