For the Mississauga Region, Condo Prices have Gone Up
- Condo Advisory
- Dec 10, 2019
- 1 min read
For the Mississauga region, condo prices have gone up 19.4 per cent to over $500,000 per unit, while Brampton’s condos rank close behind at $424,987 – a new record and year-over-year increase of 16.1 per cent compared with an average of $366,177 the same time last .
According to monthly market tracking data from the Toronto Real Estate Board (TREB) the average sale prices for condos in Mississauga and Brampton have risen to record levels.
For the Mississauga region, condo prices have gone up 19.4 per cent to over $500,000 per unit, while Brampton’s condos rank close behind at $424,987 – a new record and year-over-year increase of 16.1 per cent compared with an average of $366,177 the same time last year.
It’s the third year a row that Brampton has broken the record with more GTA residents settling in the city, recently ranked by ReMax as one of the best places to live in Canada.
Now ranked as Canada’s ninth largest city, the condo price has risen three months in a row. For townhouse-style condos in Brampton, a new record average high was hit: $518,953 when just twelve months earlier the price sat at $471,100.
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