Mississauga's real estate market has seen significant declines, with average home prices falling below $900,000 for the first time since early 2021. Detached home prices dropped 35% from their January 2022 peak, semi-detached homes hit a six-year low, townhouse condos fell 30%, and apartment condos dropped below $500,000 for the first time since 2019. Sales volumes are also near historic lows.