The average home price in Mississauga is now more than $1 million
It wasn’t too long ago that people who found themselves priced out of Toronto’s real estate market turned to the suburbs for affordable homes in which to raise families.
Pockets of the GTA do still exist where houses can be purchased on the cheap (or at least cheaper than in the downtown core) but Mississauga is no longer one of them.
“The Mississauga real estate market is making history – and the good kind, too,” reads a new blog post from RE/MAX. “Sales activity is soaring, prices are setting records, and the dollar-value of all transactions crossed an important threshold. And we are still in the early part of 2021.”