Market Update

Brampton has the fastest rising average rental costs in Canada, new report finds

According to a new report from Rentals.ca and Urbanation, the City of Brampton saw a 21.6% increase in average rent in August 2023, compared to the previous year. Richmond, B.C. and Oakville, Ont. also saw noteworthy increases in average rent, with Brampton ranking fifth in Canada's most expensive cities. Toronto rental market saw an 8.7% increase in August 2023, with an average cost of $2,620 for...

Brampton real estate prices fall for 2nd straight month wiping out 2023 gains

The Toronto Regional Real Estate Board (TRREB) released its Greater Toronto Area (GTA) market statistics for August showing that the average price for all dwelling types combined in Brampton had fallen for a third-straight month, wiping out almost all the price gains seen during the first half of the year. Prices had peaked in January 2022 and since then had been on a roller-coaster ride due to the Bank...

Happy Canadian Thanksgiving

The perfect opportunity to embrace your inner "foodie" and unbutton your pants at the dinner table!In Canada, post-Thanksgiving is all about creative cranberry sauce solutions. Cranberry sauce pancakes, anyone?It's that time when multiple ovens are a blessing. Turkey, pies, casseroles – less stress!...

Real estate prices since 2013 in Brampton and Mississauga as well as Caledon

The Real Estate Board in the GTA's Peel Region has seen a tremendous increase in prices over the past 10 years, with an overall average increase of 135.8%. Detached homes in Brampton rose 149.5%, semi-detached units increased 149.9%, and condo apartments saw a 153% jump. In Mississauga, detached homes rose 134.6%, semi-detached units increased 132.7%, and condo apartments saw an average increase of...

Brampton home prices drop 3.6 per cent to $1.01 million in August 2023

In August 2023, the average price for a home in Brampton was $1.01 million, down 3.6% or $38,315 from July 2023 and down 0.5% or $4,895 compared to August 2022. The average sale price for all houses and condos in Brampton has increased 141.7% since August 2013. There were 425 home sales and 1,419 active listings at the end of the month. Detached houses, semi-detached houses, attached houses,...

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