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GTA condo prices are projected to ↓ 15–20% from 2023 peak by end of 2025. ↓ 10% is expected in 2025 alone, extending a downward trend from last year’s ↓ 4%.

Mississauga’s avg home price drops to $994K in April 2025, ↓ 5% MoM. Sales ↓ 20.3%, with 490 homes sold in April, and listings ↑ 59.6%.

Mississauga has launched bold housing initiatives 100 days after releasing its Housing Task Force report. A 50% development charge discount and full exemption for family-sized units are incentivizing construction.

Halton Region’s avg home price reached $1.2M in March 2025, ↑ 1.9% MoM. Sales ↓ 24% in March 2025, while active listings ↑ 45.4% yearly.

Peel Region home sales rose 16.2% in April. Peel’s average home price fell 3.4% to $998,207.

Seasonality plays a major role in how quickly homes sell across Canada, especially in the GTA. Spring, particularly March to June, is generally the busiest and most favourable season for home sales.

The holiday has been observed since 1845, as a celebration to honour Queen Victoria. The day unofficially signals the start of summer for many Canadians. It is celebrated with parades and fireworks in some cities. Sending our warmest wishes to everyone for a happy and peaceful long weekend.