August 2018: Detached, Mississauga

Summary:

  • Mississauga detached home sales up 33.1%, active listings up 13.5% YoY
  • Active listings are normal compared to historic levels and TTM active listings indicates a rising inventory trend over the past year
  • Sales are low compared to historic levels and TTM sales indicates a negative trend that is now flattening
  • TTM Sales to active listings ratio (SALR) has a flat trend
  • Average Mississauga detached home price is down 4.5% YoY
  • Median Mississauga detached home price is down 1.7% YoY
  • Benchmark Mississauga detached home price is down 0.4% YoY

You can read the original August 2018 TREB Market Watch publication here.

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