Mississauga Condo Prices Dip Below $500K

Recent Mississauga activity cooled: sales ↓~13% to 435, new listings ↓~19% to 1.1K, active listings ↓~6% to 2.4K, signaling a calmer market.
Homes took longer to sell, with avg. days on market reaching 54. Even with fewer listings, conditions stayed relatively balanced and buyers kept negotiating power.
Overall pricing stayed steady near $899K. Detached homes averaged $1.3M, semi-detached homes $879K, and townhouses $875K, showing varied performance across Mississauga property types.
Condo apartments averaged $495K, dipping below $500K. Activity and pricing softened in this more affordable segment, giving value-focused buyers another point to watch.
Positive economic and job news offered support, but trade worries with the US kept some households cautious about future inflation and borrowing costs.