The wider market
Where the market's headed
Direction is read province-wide. A single city swings too much month to month to trend reliably — a handful of unusual sales can move its numbers several percent with nothing having actually changed.
Ontario · All home types · July 2026
Buyer's market, steady
Looser than a normal July, and holding roughly where it was a year ago.
Benchmark price
-3.9%
Months of Inventory
4.5
Inventory vs Last year
-4.3%
Housing Market Gains Strength as Sales Rise and Supply Tightens
The Southern Ontario housing market is entering the second half of the year on steadier footing. Sellers pulled back from listing this summer while buyer activity held firm, leaving fewer homes available and a more balanced market than we saw in the spring. With borrowing costs stable and the economy improving, conditions are quietly setting up for a more active fall.
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Supply
New listings pulled back noticeably this summer while sales held steady, leaving buyers with a smaller pool of homes to choose from than they had earlier in the year.
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Prices
Prices remain below last year's levels, but the pace of change has eased and the benchmark ticked up over the month — an early sign the market may be finding its footing.
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Buyers
Buyers still have meaningful choice and negotiating room, though that window narrows if the current supply trend holds through the fall.
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Condos
The condo market remains the softest segment, making it the most negotiable — and the most compelling for first-time buyers and long-term investors.
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Rates
The Bank of Canada has held its rate steady for six consecutive meetings, and with inflation easing and employment growing, buyers finally have predictable borrowing costs to plan around.
Since 1996
The long view
Prices Corrected 28% from the February 2022 peak, then stabilized. The long-run trendline still points up.
Disclaimer. This chart is provided for informational and illustrative purposes only and should not be considered financial, investment, or real estate advice. The trendline is a statistical fit to historical data and is not a forecast; historical performance is not a guarantee of future market results. A price below the long-term trend reflects a valuation relationship at a point in time and is not a signal that prices have reached a low. Real estate values are influenced by numerous economic, demographic, and policy factors that may cause actual outcomes to differ from historical patterns, and individual properties, neighbourhoods, and housing types may perform materially differently from the overall market. Data source: TRREB (Toronto Regional Real Estate Board) Market Watch Reports — detached home median prices, January 1996 to July 2026.**
The numbers behind it
Market factors
The commentary above reads these. Here they are on their own.
Bank of Canada Rate
2.25%
Held for six consecutive meetings
5-Year Fixed
3.94%
Up 0.06 pp from July · PLACEHOLDER
5-Year Variable
3.45%
Down 0.10 pp from July · PLACEHOLDER
Ontario Unemployment Rate
7.0%
Unchanged since May
Housing Starts
+18%
Year over year, up from +14% last month
Real GDP growth
0.5%
April 2026, up from +0.2% in March
Your local market
Detached homes in Brampton
Everything for your own city and property type, in one place.
Benchmark price
$1.16M
Days to sell
24
Months of supply
4.3
Mississauga Detached
12-month rolling
Year over year
Month over month
Year Prior
Current
New listings and sales
Demand supply, 13-month rolling
For sale
Sold
New
See Brampton's monthly data
Period
New
Active
Sold
Months
Both charts are smoothed. A single month in one city moves too much to read on its own — the rolling view shows the shape without the noise.
Past 12 months
How your city compares
Market Performance by Region (Past 12 months. Median Price of Detached Home)
What this means for you
Three ways to read this
If you're selling
Supply is the tightest it's been this year, so you're competing with fewer listings than in January. Pricing to the benchmark rather than to the 2022 peak is what gets offers.
What would mine sell for? →If you're buying
Prices are still below last year while rates have held for five meetings. That combination doesn't usually last long once sales volume picks up.
See what I can afford →If you're holding
Nothing here calls for action. Worth knowing where your equity sits, particularly if you're within a couple of years of a renewal.
Check my equity →
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Is now the right time
Is now the right time
to make your move?
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