10/08/2026
Buyers have more choice in the GTA market this fall 🏡
TRREB's September 2026 numbers are out. Here's what changed and what it means for you if you're buying, selling or investing in Brampton, Mississauga or anywhere in Peel 👇
📊 The GTA overall
5,040 homes sold, down 9% from last year
Average price: $1,006,409, down 5.1%
Homes took about 34 days to sell
New listings dropped even faster (−14.4%), as many owners waited instead of listing
📍 Peel Region
Brampton: average $854,322 · 404 sales · 32 days on market
Mississauga: average $929,600 · 468 sales · 36 days on market
Caledon: average $1,070,154 · 64 sales · 41 days on market
Homes sold for about 97% of asking, so there's room to negotiate, but not huge discounts on well-priced homes
🔥 What's selling fastest
Semi-detached homes sold for 102% of list on average, above asking
Freehold townhouses sold right at asking (100%) in about 30 days
Condo apartments took the longest (42 days), which gives buyers the most leverage
🔑 Buyers: Use the extra time to compare and negotiate on price, conditions and closing dates. Budget by your monthly payment, not just the price. 5-year mortgage rates were around 6.09%.
🏷️ Sellers: Price to recent comparable sales from day one. Buyers have options right now, so good preparation and realistic pricing matter more than ever.
📈 Investors: Lower prices only help if the cash flow works. Check condo fees, reserve funds and realistic rents before you buy.
Every street and price range is a little different. If you'd like to know what these numbers mean for YOUR home or budget, send me a DM or call 📞 647-571-2491. Happy to help, no pressure 💬
📲 Full report on HomesByPreet.com (link in bio)
Gurpreet Kaur, REALTOR® | Royal Canadian Realty, Brokerage