National Blueprint Trends and Insight - Digital Magazine - Flipbook - Page 12
Brampton
With the ninth largest population of all Canadian
cities, Brampton has been growing at a rapid pace. In
fact, according to the 2021 Census, it boasted a 10.6%
population growth rate compared to the 5.2% national
average. Bolstered by strong industry and education, it has
become a coveted address for affluent homeowners and
savvy investors.
But its unprecedented growth rate doesn9t stop at population.
From 2019 to 2024, Brampton real estate has proven to have
even higher value than even its Toronto counterparts.
WITH AVERAGE PRICES
INCREASING OVER
$280,880
HIGH DEMAND FOR A
BRAMPTON ADDRESS HAS
ENSURED INCREDIBLE RETURNS
FOR EXISTING HOMEOWNERS,
WITH NO SIGN OF SLOWING.
AVERAGE BRAMPTON HOME PRICE
DETACHED
SEMIS
TOWNHOME
CONDO
TOTAL
2019
$982,185
$683,842
$516,832
$423,188
$747,417
2024
$1,199,856
$959,535
$858,465
$545,000
$1,028,297
GROWTH RATE
34%
40%
66%
28%
37%
*Source: Toronto Regional Real Estate Board and CREA
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NATIONAL HOMES DIGITAL MAGAZINE
Burlington