Cornerstone Association of REALTORS - Mississauga

“MLS® home sales in April were up year-over-year and for the third consecutive month. That said, sales remained exceptionally low by historical standards, with activity near the lowest level in 30 years when excluding last year and the middle of the pandemic. New listings were what we would typically expect to see in April, though they remained quieter than what we saw at this time last year,” said Bill Duce, Cornerstone CEO. “Our local market continues to face elevated inventory levels and historically soft prices, which is creating opportunities for buyers that are ready to come off the sidelines. To make the most of these opportunities, we recommend reaching out to a trusted local REALTOR®, who can provide tailored insights about the current conditions in your chosen neighbourhoods.” “March notched another month of subdued sales relative to the five- and ten-year averages, as overall supply levels remain elevated in the wake of reduced buyer demand,” said Bill Duce, CEO of Cornerstone. “In more positive housing news, Mississauga has received an additional $28.2 million from the Housing Accelerator Fund. This is the third installment received from the federal government and will support the delivery of new homes, including important housing enabling-infrastructure.”

Mississauga Area Highlights:

• Mississauga sales increased by 6.6% from April 2025.

• The number of new listings decreased 8.4% on a year-over-year basis.

• The Mississauga Home Price Index (HPI) was $958,700 in April 2026, a decrease of 2.7% month-over-month, and down 7.4% on a year-over-year basis.

• The total months of inventory was 4.4 at the end of April 2026, down from 4.9 months at the end of April 2025.