Over the past 12 months, the Brampton market has seen a noticeable softening in price levels. The latest data for May 2025 shows an average sold price of approximately $951K, representing a decline compared to May 2024’s average of around $1,002K—a roughly 5% drop year-over-year. The benchmark price of about $921K in conjunction with a one-year HPI drop of -6.28% reinforces this short-term downward trend, despite longer-term growth figures (with a 10-year increase nearing 97% and a 5-year gain of over 20%). This suggests that while historical price growth remains strong, current market forces are pushing prices downward in the near term.

Recent supply and demand indicators further illustrate the evolving market dynamic. Although active listings and new listings numbers are robust—with recent months showing healthy sales activity—the current balance (exemplified by a months of inventory ratio of approximately 5.57 and moderate days on market figures around 26 days) implies neither an overly competitive nor a significantly oversupplied market. For real estate agents, these trends underscore the importance of advising clients on realistic pricing and strategic marketing. Sellers should consider the slight cooling trend in prices while buyers may find opportunities emerging in a market that is stabilizing, setting the stage for a potential recovery if inventory levels tighten.

Read the full article on: Toronto Regional Real Estate Board