Mississauga Real Estate Board: July 2026 Composite Benchmark Price $924,400, down 5.6% year-over-year

Mississauga Real Estate Board — July 2026

The Composite Benchmark Price for the Mississauga real estate market was $924,400 in July 2026, representing a 5.6% decrease compared to July 2025. This figure also marks a 3.0% month-over-month decrease from June 2026's Composite Benchmark of $953,400.

Market Analysis

The Mississauga Home Price Index (HPI) was $924,400 in July 2026. This represents a decrease of 3.0% month-over-month from June 2026's Composite Benchmark of $953,400, and a 5.6% decrease on a year-over-year basis compared to July 2025. Mississauga sales decreased by 8.1% compared to July 2025, and the number of new listings decreased 14.8% on a year-over-year basis. The total months of inventory was 5.0 months at the end of July 2026, down from 5.1 months at the end of July 2025, but above the long range average of 2.9 months for this time of year.

"Home sales are still running well below typical levels for this time of year. On the listings side, new supply took a notable step down at the beginning of the year and has been trending lower since that time," said Bill Duce, CEO of Cornerstone. "Local market conditions have seen some improvement over last year as the balance has gradually shifted from deep buyer’s territory back to an almost balanced range. However, overall inventories remain historically elevated, and it will take a stronger rebound in demand, lower new supply, or a combination of both to anchor the market back in a balanced position."

Property Type Analysis

In July 2026, the benchmark price for a Detached property was $1,196,100. The benchmark price for Attached/Townhouse properties was $712,800, and for Apartment properties, it was $520,000.