The GTA West market showed signs of strengthening in May as sales activity increased and inventory levels tightened across many communities. While buyers still have more options than they did during the peak market years, several segments are becoming more competitive.
Mississauga remained relatively balanced. Detached inventory rose slightly from 3.81 to 3.94 months, but condo apartments improved from 6.16 to 5.49 months as sales increased. Prices were generally stable, with most property types posting small gains.
Brampton continued to favour buyers, although market conditions improved. Detached inventory held steady at 4.74 months, while townhouse inventory dropped from 4.55 to 3.05 months. Condo apartments remained the slowest-moving segment with over 10 months of inventory.
Milton saw some of the strongest improvements in the region. Detached homes improved from 3.70 to 3.44 months of inventory, while semi-detached homes dropped sharply from 4.38 to 1.82 months, indicating strong demand. Condo apartment inventory also fell significantly.
Oakville moved closer to balanced market conditions. Detached inventory decreased from 3.80 to 3.11 months, while condo apartment inventory improved from 11.27 to 7.05 months. Townhouses and condos saw notable price growth, while detached prices softened.
Burlington remained one of the strongest markets in the GTA West. Detached inventory fell to 2.59 months, and condo inventory improved to 2.37 months. Most housing types experienced healthy price growth, reflecting continued buyer demand.
Vaughan also showed improvement. Detached inventory dropped from 4.68 to 3.77 months, while townhouses improved from 3.31 to 2.74 months. Condo apartments remained a buyer-friendly segment but saw inventory decline compared to April.
Overall, May brought a healthier balance between supply and demand across much of the GTA West. Inventory levels are beginning to tighten in several markets, particularly in Burlington, Milton, and Vaughan, while condo segments continue to offer buyers the greatest selection and negotiating power heading into the summer market.
