Mississauga real estate market update
House prices rose by 31% in the last year
Why are mortgages so expensive in Canada?
Created By
Ratehub.ca
Relative to the Greater Toronto Area, homebuyers are still finding good value in Mississauga. According to a new report by Re/Max, buyers looking to move into a larger home are driving a lot of the demand, although foreign buyers and investors still have a strong presence in the condo market.
While condo prices have surged 28% over the past year, the average unit still sells for less than $500,000. Re/Max suggests a new condo developments around Square One, a major shopping centre in the city, will add to inventory and temper price appreciation in that segment of the market.
More real estate market updates:
Find out where you should buy real estate in Mississauga here.
Explore our full Where to Buy Now real estate rankings by clicking on any of the links or images below.
Share this article Share on Facebook Share on Twitter Share on Linkedin Share on Reddit Share on Email
Related Articles
MoneySense at the MoneyShow: Capital gains and ETF sessions
Here’s how to get your free ticket to attend two MoneyShow virtual expos.
Where are rent prices headed in Canada?
A new Desjardins report predicts rent inflation will slow in the next few years.
What to know as Canada’s capital gains tax changes remain in legal limbo
The federal government’s capital gains inclusion rate increase has yet to become law. There’s a slight chance it may...
How Trump’s election win could affect interest rates in Canada
Experts say Donald Trump’s promised policies risk higher inflation and could weigh on the Canadian dollar.
Looking for a mortgage in B.C.? Don’t limit your options to the big banks
Sponsored By
Coast Capital
Why are Canadians still frustrated with the economy?
Inflation is down, wages are up. But the economic recovery has been uneven, with “two contradictory trends” shaping Canadians’...
Alberta called—“What I wish I’d known before making the move”
“After rushing into the real estate market, I quickly learned I wasn’t ready for the real cost of home...