Home sells at a nearly 50% loss in Brampton

A Brampton home sold for a huge loss this month.

While sales have increased, prices are generally much lower than the peak highs of 2022.

The average home sale price in Brampton crept up slightly to $889,407 in May from $885,936 April, but still way down from $951,337 in May of 2025, according to the Toronto Regional Real Estate Board.

Sales across all property types were up 12 per cent in Brampton last month, with more than 450 transactions.

Many homeowners who purchased property in 2022 are taking a loss if they need to sell now.

A Brampton home sold at a $520,000 loss in May. In October, a home purchased for $1.6 million sold for a 45 per cent loss in Brampton.

The latest example is a three-bedroom home at 54 Upper Highlands Dr. in Heart Lake East.

This home was purchased for $1,310,000 in February 2022, according to online real estate records. It was listed for $699,000 in May, and sold for $685,000 on June 15, a $625,000 loss.

“Brampton prices have cratered….” said real estate commentator ShaziGoalie on X.

The home was being sold in an unfinished condition with interior stripped to framing, according to the listing from HouseSigma.

Brampton prices have cratered….

And the pain isn’t over yet. pic.twitter.com/Mlwl99Xu00

— Shazi (@ShaziGoalie) June 18, 2026

Lead photo: HouseSigma