Mississauga May Statistics
“Sales activity recorded a modest gain from one year ago and showed some signs of life compared to the previous few months, although this does not necessarily define a trend just yet,” said Bill Duce, CEO of Cornerstone. “New listings have fallen over the past couple of months, and that’s helped to keep a lid on inventories rising any further, which has also shifted the market back towards balanced territory. Benchmark prices for most property types remain subdued with the exception of two-storey single family homes, which have risen modestly since the end of last year.”
Mississauga Area Highlights:
Mississauga sales increased by 12.7% from May 2025.
The number of new listings decreased 20.7% on a year-over-year basis.
The Mississauga Home Price Index (HPI) was $955,500 in May 2026, a decrease of 0.3% month-over-month, and down 7.9% on a year-over-year basis.
The total months of inventory was 4.3 at the end of May 2026, down from 5.6 months at the end of May 2025.
BOARD & ASSOCIATION INFORMATION
Cornerstone Association of REALTORS® (Cornerstone) is a not-for-profit organization with over 325 years of collective service from its founding associations. Established on July 1, 2024, Cornerstone leads with purpose, advocates boldly, and creates positive change for the success of our members throughout Mississauga, Burlington, Hamilton, Waterloo Region, Niagara North, Haldimand County, Norfolk County, and surrounding areas. With nearly 8,000 members, Cornerstone is the second-largest REALTOR® association in Ontario, dedicated to promoting the greater good of the real estate community. More information at https://www.cornerstone.inc/
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please contact:
(905) 608-6732 Ext. 26
communications@cornerstone.inc
Julie Sergi
