Mississauga Homebuyers Enjoy More Affordable Prices This Year

Mississauga's real estate market remained sluggish with average home prices rising 3.5% month-over-month to $929,600 but still below last year's $969,501. New listings increased 22.2%, yet inventory stayed at 4.8 months. Detached home prices were nearly flat at $1,285,467, with a 53% rise in new listings. Condo sales rose 12%, with prices up 1% to $500,192, both below last year's averages. Economic uncertainty and borrowing costs continue to affect the market.