Long-term indicators for Brampton remain strong—with 5-year gains of 32.68% and a remarkable 10-year increase of 123.74%—yet the past 12 months have revealed a cooling trend. The latest data from February 2025 show an average sold price of $972,185, which represents a notable year-over-year decline compared to February 2024’s average of approximately $1,033,673. While there was a modest monthly increase of 0.68% in February 2025, the one-year price change of -2.69% and fluctuations in the HPI index emphasize short-term price softness despite an underlying long-term strength, challenging sellers to set realistic expectations in the current market climate.

Recent supply and demand data further support a leveling off in the marketplace. Sales dropped from 355 in January 2025 to 266 in February 2025 even as active listings increased from 1,393 to 1,598, pushing the months of inventory to around six. The declining sales-to-new-listings ratio (from 31.20% down to 26.95%) indicates a slowing transaction pace where inventory builds up, extending days on market and shifting bargaining power toward buyers. Real estate agents should advise clients to adopt flexible pricing strategies and prepare for more competitive negotiations, as the current balance signals a market moving away from a strong seller’s environment toward a more balanced landscape.

Read the full article on: Toronto Regional Real Estate Board