Brampton’s real estate market recorded its weakest year in a quarter-century in 2025, with average home prices falling to a five-year low and annual sales dropping to levels not seen since the turn of the millennium.
Year-end data from the Toronto Regional Real Estate Board (TRREB) shows 4,622 residential transactions were recorded in Brampton in 2025 — a 10.6 per cent decline from 5,171 sales in 2024 and the lowest annual total for the city since 2000.
Sales activity has fallen sharply from the market peak in 2021, when TRREB recorded 12,012 transactions in Brampton. That represents a 61.5 per cent drop in annual sales over four years.
The slowdown in Brampton mirrored trends across the Greater Toronto Area. TRREB reported 62,433 total sales across Toronto and surrounding municipalities in 2025. The last time annual GTA-wide sales fell below that level was also in 2000, when 60,783 homes and condominiums changed hands.
“Reaffirmed trade relationships and large-scale domestic economic development projects will be key for improved home sales moving forward,” said TRREB chief information officer Jason Mercer in the board’s December Market Watch report. “Households must be confident in their employment situation before committing to long-term mortgage payments, even in this more affordable market.”
TRREB said economic uncertainty weighed on consumer confidence throughout 2025, while elevated listing inventory gave buyers greater negotiating power, contributing to lower selling prices and improved affordability.
Prices drop below $900,000
The average sale price for all dwelling types combined in Brampton was $935,698 in 2025 — the lowest annual average recorded in the city since 2020, when prices averaged $839,171.
In December, the average combined sale price fell to $882,661, marking the first time it dropped below $900,000 since December 2020.
“Listing inventory remained elevated, allowing for selling prices to be negotiated downward,” TRREB said, adding that this trend helped improve affordability for buyers.
All housing segments decline
Every major housing category in Brampton experienced price declines in 2025.
Detached home prices fell steadily over the year, dropping 9.5 per cent from an average of $1,165,322 in January to $1,054,601 in December.
Semi-detached homes saw a sharper decline, with average prices falling 14.7 per cent from $932,443 at the start of the year to $795,014 by December.
Brampton’s condominium market followed a similar pattern. Apartment-style condos declined 14.7 per cent, from an average of $493,259 in January to $420,489 in December. Townhouse-style condominiums dropped 14.6 per cent, from $670,067 to $572,308 over the same period.
Despite the downturn, TRREB president Daniel Steinfeld expressed optimism that improved affordability will support a market recovery.
“The GTA housing market became more affordable in 2025 as selling prices and mortgage rates trended lower,” Steinfeld said. “Once households are confident that the economy and labour market are on solid footing, sales will increase as pent-up demand is satisfied.”