Brampton real estate market declines 51% in just 2 months. Spring real estate market has come and gone in Brampton. Home sales less than 400 in July (that includes homes and condos in all of Brampton). Prices have also started to drop. Detached homes in Brampton have dropped over $80,000 in average in just 2 months. Freehold townhouses have dropped around $40,000.
Will the Brampton housing market recover in the fall? That remains to be seen but for now the crazy buying frenzy for homes in Brampton seems to be over.