The average price of a home in Brampton fell below the $900,000 mark in December, reflecting a significant slowdown in market activity as buyer demand softened across most housing segments.
Average home prices declined by more than $26,000 month over month, settling at $882,661, while overall sales dropped nearly 24 per cent, signalling a pronounced pullback in the city’s real estate market.
Detached homes experienced the sharpest decline in activity, with sales falling by 31 per cent, even as average prices edged up slightly to just over $1.05 million. Semi-detached homes also saw weaker demand, with sales down 24 per cent and prices dipping marginally to $795,014.
Townhouse prices bucked the broader trend, rising modestly to $780,639, despite sales plunging by more than 35 per cent, suggesting price resilience amid lower transaction volumes.
The condominium sector showed relative strength, particularly in condo townhouses, where sales surged by more than 44 per cent as prices softened. Apartment-style condos also saw increased buyer activity, with sales climbing 46 per cent, even as average prices declined to $420,489 and listings remained on the market longer.
Across Peel Region, housing sales were down more than 20 per cent in December, with the average selling price slipping to $937,012. Market conditions leaned further toward buyers as inventory levels inched higher and homes took longer to sell, with average days on market rising to 63 days.
The latest figures point to a cooling real estate environment heading into 2026, with affordability pressures, cautious buyers and extended selling timelines reshaping market dynamics in Brampton and the surrounding region.