Mississauga Real Estate – November 2019 – According to the latest Toronto Real Estate Board Market Watch Report, across the GTA sales volume is way up at 14% over the same time last year. Also, of note is a downward trend in new listings -9.6%. The result is high prices in all housing types especially detached and town homes. Mississauga House Price Report November 2019
Tightening real estate market with price growth
As well in Mississauga, the local strong economy is attracting migration from across Canada. As well as over 350,000 new people immigrating to Canada. We are seeing low inventory of good houses and prices are rising due to demand.
Also, important to note in Mississauga. a big win for our community with the massive new residential housing development on the Lakeshore in Port Credit. Adjacent the lake located on the old Lakeview generating station lands.
Mississauga House Prices reported in November 2019
Avg. house price Mississauga Toronto Milton
(All home types) $816,383 $925,498 $776,394
Mississauga House price Report November 2019
All House Types in Mississauga Avg. Prices
Detached $ 1,172,971
Condo TH $599,056
Condo Apt $524,316
Freehold TH $732,432
Total Average $816,383
Mississauga Real Estate
In conclusion in Mississauga the market is a strong seller’s market with price growth increasing. So, it’s a great time to sell. For first time buyers and renters, there is not enough inventory to meet the need.
Thanks we are here to help! Call me. –Scott
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Mississauga House Price Report Video
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Mississauga House Price Report November 2019
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