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By Mark Brown on April 25, 2017
Estimated reading time: 1 minute

Mississauga real estate market update

By Mark Brown on April 25, 2017
Estimated reading time: 1 minute

House prices rose by 31% in the last year

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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.

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