The Mississauga and Peel Region housing market showed signs of stabilization in June 2026, with modest month-over-month price gains and stronger sales activity. While average home prices remain below last year’s levels, improving sales and a decline in active listings suggest that market conditions may be becoming more balanced.
According to the Toronto Regional Real Estate Board (TRREB), the average selling price for a home in Peel Region reached $966,024 in June 2026. This represents an increase of 1.0% ($10,005) compared to May 2026, but remains 4.9% ($49,488) lower than June 2025.
A total of 1,167 homes changed hands during the month after an average of 29 days on the market. At month-end, there were 5,189 active listings across the region. Compared to June 2025, sales increased by 8.2%, while inventory declined by 14.3%, reflecting stronger buyer activity and tightening supply.
Market Performance by Property Type
Detached Homes
Detached homes continued to lead the market, with an average selling price of $1.23 million. Prices increased 2.0% ($23,605) from May but remained 3.5% ($44,598) below June 2025 levels.
There were 582 detached home sales, with properties taking an average of 27 days to sell. Active listings totalled 2,588 at the end of June.
Semi-Detached Homes
The average price of a semi-detached home was $850,516, representing a 2.0% ($17,012) decline from May and an 8.2% ($76,170) decrease compared to one year earlier.
A total of 177 semi-detached homes sold during the month after an average of 22 days on the market, with 470 active listings remaining.
Freehold Townhouses
Attached homes averaged $795,506, down 1.0% ($7,878) from the previous month and 8.3% ($72,341) lower than June 2025.
There were 97 sales, with an average marketing time of 23 days, and 344 active listings available at month-end.
Townhouse Condominiums
Townhouse-style condominiums averaged $681,059, increasing 1.2% ($8,244) from May but remaining 6.6% ($48,185) below prices recorded one year ago.
Sales totalled 122 units, with homes spending an average of 35 days on the market. Inventory stood at 636 active listings.
Apartment Condominiums
Apartment condominiums experienced the largest monthly price decline. The average selling price fell to $504,359, a decrease of 5.0% ($26,421) from May and 9.9% ($55,700) below June 2025.
There were 183 apartment condominium sales, with an average marketing time of 43 days and 1,104 active listings at month-end.
A Decade of Growth
Although prices have moderated over the past year, the long-term appreciation of Peel Region real estate remains significant.
Since June 2016, the average sale price for all residential property types has increased by 53.9%.
Over the past decade, average price gains include:
- Detached homes, +$415,069
- Semi-detached homes, +$276,581
- Attached homes, +$261,805
- Townhouse condominiums, +$246,370
- Apartment condominiums, +$191,127
Considerations
June’s results point to a market that continues to adjust following the extraordinary conditions of recent years. While most property types remain below their June 2025 price levels, improving sales activity and declining inventory indicate renewed confidence among buyers.
For both buyers and sellers, understanding local market trends remains essential. Pricing strategy, property type, neighbourhood conditions, and inventory levels continue to play an important role in determining market outcomes in today’s evolving real estate environment.
Brian Madigan LL.B., Broker