Mississauga Real Estate Board Market Report - June 2026: Balanced Conditions Persist

Mississauga Real Estate Board — June 2026

In June 2026, the Mississauga real estate market sees a composite benchmark price of $953,400, with an average price of $1,014,120 across 567 sales. New listings total 1,632, contributing to a balanced market condition with 4.6 months of inventory.

Market Analysis

The Mississauga real estate market remains balanced as of June 2026, with total sales reaching 567 units, reflecting an 8.2% increase from June 2025. However, this figure is still 5.4% below the five-year average and 24.1% below the 10-year average for the month. Year-to-date sales show a modest gain of 3.3%, totaling 2,736 units for the first half of the year, indicating a slow but steady recovery in market activity. Bill Duce, CEO of Cornerstone, notes a reduction in the number of sellers entering the market, which has contributed to stable inventory levels despite ongoing demand challenges.

Property Type Analysis

The benchmark price for detached homes stands at $1,218,200, while attached/townhouses are priced at $725,700, and apartments at $554,200. Year-over-year comparisons show a decline in the benchmark prices for all property types, with detached homes down 5.5%, townhouses down 10.3%, and apartments down 10.4%. This trend highlights the varying impacts of market conditions across different segments, with buyers potentially finding more favorable pricing in the attached and apartment categories.

Regional Highlights

Active listings at the end of June total 2,589 units, representing a 10.9% decrease from June 2025. Despite this decline, active listings remain significantly above both the five-year average and the 10-year average, suggesting a continued influx of properties compared to historical norms. The months of inventory stands at 4.6, down from 5.5 in June 2025, indicating a slight tightening in supply relative to demand, which may influence pricing dynamics moving forward.

For Buyers

Buyers are advised to remain vigilant and consider the current market conditions, as the balanced state allows for negotiation opportunities. With a variety of property types available, including a significant number of active listings, buyers should assess their options carefully and be prepared to act when suitable properties arise.

For Sellers

Sellers should focus on presenting their homes competitively in a market that is experiencing moderate demand. With new listings down 11.2% from last year, it is crucial for sellers to price their properties strategically and ensure they stand out in a balanced market to attract potential buyers.