Low Inventory of Homes for Sale Pushed Up Real Estate Prices by 19.3% in October 2021 in Mississauga, Brampton and Greater Toronto Area
Friday Nov 5th, 2021
ShareLow Inventory of Homes for Sale Pushed Up Real Estate Prices by 19.3% in October 2021 in Mississauga, Brampton and Greater Toronto Area Home sales in the Greater Toronto Area (GTA) reached the second-highest level on record for the month of October. However, the inventory of homes for sale did not keep up with demand. The number of new listings was down by approximately one-third compared to October 2020. Market conditions tightened across all major home types compared to... [read more]