Mississauga Real Estate Board
Market Data & Trends
Overview
Mississauga Real Estate Board published a composite benchmark price of $913,300 in August 2026, down 5.5% year over year and down 1.2% on the month.
Across the 4 months on record — May 2026 to August 2026 — the benchmark fell 4.4%, from $955,500 to $913,300.
The high over that window was $955,500 in May 2026; the benchmark now sits 4.4% below it.
Published benchmarks were $1,196,100 for detached homes in July 2026, $712,800 for townhouses in July 2026 and $520,000 for apartments in July 2026.
The segments have not moved together: townhouses lost 1.4%, detached homes lost 1.7% and apartments lost 7.1% over the window — a spread of 5.7 percentage points between townhouses and apartments.
These are figures published by Mississauga Real Estate Board. The comparisons above — the change over the window, the distance from the high and the spread between property types — are arithmetic compiled by this publication from 4 monthly releases, May 2026 through August 2026.
Board Report
Key Takeaways
August 2026- The total months of inventory numbered 5.4 months at the end of July 2026, down from 6.1 months at the end of August 2025 and above the long-run average of 2.8 months for this time of year.
- The Mississauga Home Price Index (HPI) was $913,300 in August 2026, down 1.2% month-over-month and 5.5% year-over-year.
Source: Mississauga Real Estate Board
Mississauga Real Estate Board Narrative
The statistics provided in this report are based on information from the ITSO MLS® System. Multiple MLS® Systems operate within Ontario, and while none can be guaranteed to include every property listed or sold within a given area, they effectively illustrate market trends.
“Mississauga’s market saw a slight year-over-year increase in sales in August, up 2.8%, but activity remained historically low compared with previous years dating back to 1994,” said Bill Duce, CEO of Cornerstone. “At the same time, new listings declined 15.6% year-over-year, and active listings were also down, suggesting overall supply levels may have stabilized for the time being. Even with that shift, buyers continue to have more choice than in more active market periods, while prices remain under pressure, with the average sale price down 7.2% year-over-year and the Home Price Index down 5.5%. This points to a cautious market where buyers and sellers are taking their time. For anyone considering a move, working with a local REALTOR® who understands Mississauga’s neighbourhoods and current market conditions can help them make informed decisions.”
Mississauga Area Highlights:
Home sales in Mississauga increased by 12, or 2.8%, compared with August 2025.
The number of new listings decreased by 15.6% year-over-year.
The Mississauga Home Price Index (HPI) was $913,300 in August 2026, down 1.2% month-over-month and 5.5% year-over-year.
The total months of inventory numbered 5.4 months at the end of July 2026, down from 6.1 months at the end of August 2025 and above the long-run average of 2.8 months for this time of year.
For more information https://cornerstone.inc/housing-market-statistics/
Source: Mississauga Real Estate Board via CREA MLS
Period: August 2026
Market statistics are provided for informational purposes only and may not reflect all real estate activity in the market. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA). Past performance does not guarantee future results. Consult a licensed real estate professional for specific advice.