David Archibald's (oakvilledavid) Blog

Real Estate Agent - RE/MAX Aboutowne Realty Corp
Information on the Real Estate industry in Oakville, Burlington, Milton, Mississauga and surrounding areas.
While the real estate market does not act the same as financial markets, there are some similarities. One I can think of is how speculators affect the market. In commodity markets, speculators tend to make the market have higher highs and lower lows. This can often be seen in the oil market wher...
Do you think you know what’s happening in the real estate market? Unfortunately reading the newspaper, at least reading the headlines will probably confuse you more than help you. On August 4th, the Globe & Mail ran a story with the headline “Toronto housing market cools in July” while on August...
There were 288 sales in Oakville in July, down significantly from the month of June but much stronger than last July when we had only 188 sales. Part of this drop was no doubt due to the extreme heat that's enveloped Oakville for the past few weeks but part can also be blamed on the lack of inven...
There were 81 rentals in Oakville in July, down from last months high but well above average for the year. The numbers are in line with a typical July. Inventory increased to 107 units from 88 last month. The supply of apartments and townhomes remains very low while the supply of detached homes i...
I attended a seminar on residential tenancies by Mark Weisleder, a real estate lawyer.It contained lots of good info andwas well worth the time. He mentioned something that I have been telling other Realtors for a long time, that a landlord should not accept more than first & last month rental d...
Upscale condo in north Burlington. 2 bedrooms plus large den and 2 full baths. Upgraded kitchen with breakfast bar, granite countertops, 4 stainless steel appliances, maple cabinets and ceramic floors. Living/dining room with strip laminate floors, pot lights, crown molding and access to the priv...
In Oakville there were 365 sales in June, dropping off slightly from the 395 sales we had in May. Sales were up compared to 2010 when we had only 275 sales in June but down from 2009 when we had 417. Sales remained strongest in the $500,000 - $1,000,000 range. The home inventory continues to slid...

David Archibald

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