Oakville, ON Real Estate News

And how this differs from the General market reports from the Toronto Real Estate Board? We know we’ve had a slow start this year, but the market has picked up considerably since mid-May and the overall sentiment is quite positive, more so now than any other point in 2019. TREB reports average prices have risen 3% this year in the GTA, new listings are lower than in 2018 at this time and sales are on par or slightly higher in 2019 vs 2018. Here is a snapshot of the West-GTA area including Mississauga, Oakville, Milton and Burlington (the markets we cover). Performance is very strong under $1.5m and mostly a seller’s market under the $1m price point. That said, with average prices in Oakville being higher than the other three markets, inventory supply remains higher at 4 months vs Burli...
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July 2019 GTA Real Estate Market Stats. Interested in learning more about your specific neighbourhood? Send us a message or call us at 905-338-2121. Are you looking to buy or sell in Oakville or the surrounding areas? We'd love to hear from you. Contact The Goodale Miller Team today or view our homes for sale here.  
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June 2019 GTA Real Estate Market Stats. Interested in learning more about your specific neighbourhood? Send us a message or call us at 905-338-2121. Are you looking to buy or sell in Oakville or the surrounding areas? We'd love to hear from you. Contact The Goodale Miller Team today or view our homes for sale here.  
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May 2019 GTA Real Estate Market Stats are in. Interested in learning more about your specific neighbourhood? Send us a message or call us at 905-338-2121.Are you looking to buy or sell in Oakville or the surrounding areas? We'd love to hear from you. Contact The Goodale Miller Team today or view our homes for sale here.
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Following our last Q1 2019 market outlook where we examined price trends in the GTA, we noted specific differences in trends and performance in Oakville.We thought it was imperative to take a closer look at inventory supply levels in the Oakville detached home market segment as we are experiencing a 20% increase in supply versus non-detached. This is increasingly evident when segmenting by price-points and geographic regions within Oakville.Murray McKeage summarizes the key findings and the impact it’s having in our current marketplace in the video below.Check it out and connect with Murray directly to learn more. If you’d like to watch the previous video, it’s available here.
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Market Stats for the GTA are in for March. Want to learn more about trends in your specific neighbourhood? Send us a message or give us a call at 905-338-2121 today. Are you looking to buy or sell in Oakville or the surrounding areas? We'd love to hear from you. Contact The Goodale Miller Team today or view our homes for sale here.  
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February 2019 GTA real estate market stats are in. Interested in learning more about your specific neighbourhood? Send us a message or call us at 905-338-2121. Are you looking to buy or sell in Oakville or the surrounding areas? We'd love to hear from you. Contact The Goodale Miller Team today or view our homes for sale here.  
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Last month we shared a January Market Update in which we briefly touched on the tremendous growth Q4 2018 experienced in the GTA condo market. We learned average prices are up, but in which region specifically? And are certain types of condos out-selling others? Where does demand lie? We’ve taken a closer look at these specific metrics and have quantified our findings. You may find some of the numbers quite surprising. Q4 2018 Condo Market Highlights: The Halton Region makes up 4% of the GTA condo market. Other pertinent areas: Peel 13%, York 9%, Durham 2% and City of Toronto 72%. Average prices are up 8.3% across the GTA year-over-year compared to Q4 2017. Halton Region has the highest growth rate at 10.8%, followed by Peel at 9.1% and the City of Toronto at 8.9%. (Some areas includin...
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January 2019 Market Stats for the GTA. Want to know more about the current housing market? Please call one of our trusted Realtors for a thorough update today at 905-845-9180. Are you looking to buy or sell in Oakville or the surrounding areas? We'd love to hear from you. Contact The Goodale Miller Team today or view our homes for sale here.     To create a well-rounded package consisting of good communication, a high level of commitment and integrity while providing the best advice and information for not only clients, but everyone on the team and in the industry.
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Are you planning to move this year? Oakville Ontario should definitely be on your list because it was determined to be the best place to live in Canada for 2018!  Known as the home of the famous Glen Abbey Golf Club and great schools such as Appleby College, Oakville can certainly boast of many reasons why it was named as the best place to live in Canada for 2018. Although the town is the 13th most expensive in Canada with primary residences costing an average of $1.2 million, its residents earn the 10th highest average household income in the country, making the town relatively affordable despite seeming like a place only the very rich can enjoy. Not Just for the Wealthy Mayor Rob Burton shares that Oakville offers more value and a higher standard of living than other key cities, fact...
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December 2018 market stats for the GTA are in. Want to know more about your specific neighbourhood? Send us a message or call us at 905-338-2121.Are you looking to buy or sell in Oakville or the surrounding areas? We'd love to hear from you. Contact The Goodale Miller Team today or view our homes for sale here.
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November 2018 Market Stats for the GTA. Want to know more about your current housing market? Please call one of our trusted REALTORS for a thorough update today! 905-845-9180Are you looking to buy or sell in Oakville or the surrounding areas? We'd love to hear from you. Contact The Goodale Miller Team today or view our homes for sale here.
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We have taken a deep dive into how the residential real estate market has performed over the last 30 days compared to this time last year, some of the current trends we are seeing and examined the effects of the government’s policy changes over the last two years.Specifically, the implementation of the Foreign Buyer Tax in April 2017, 5 consecutive increases to the prime lending rate in the past 18 months and the introduction of tighter mortgage qualification rules in January 2018. These changes certainly have had their desired impact on the market.The numbers have been tallied and overall, the market is steady with inventory balanced at 3.4-month supply; 189 units selling in the past 30 days and a current inventory of 637 active listings, with residential sales down 11.3% year-over-yea...
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By Goodale Miller
September 2018 Market Stats for the GTA. Want to know more about your current housing market? Please call one of our trusted REALTORS for a thorough update today! 905-845-9180Are you looking to buy or sell in Oakville or the surrounding areas? We'd love to hear from you. Contact The Goodale Miller Team today or view our homes for sale here.
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By Goodale Miller
Looking for a larger home for your growing family?Congratulations on the new addition to your family! Welcoming a child into the world is a great joy, but a growing family often requires a larger living space.Whether you’re buying your first home or looking for something bigger, the Goodale Miller Team is here to help.For helpful tips & advice regarding upsizing your home, please click the link below.http://www.reco.on.ca/wp-content/uploads/Reconnect_2018_Baby_Edition_vF_web.pdfAre you looking to upsize in Oakville or the surrounding areas? We'd love to hear from you. Contact The Goodale Miller Team today or view our homes for sale here.
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Here’s a quick market update for the month of September where we take a close look at some of the buying trends we are currently experiencing. There’s a lot of speculation, but the numbers are clear; 2018 has seen a substantial drop in Asian buyers in the Oakville luxury home market. We’ve dissected the numbers for sales over $2 million, considered the Foreign Buyer Tax, as well as tighter financing requirements – and the results are staggering. We’re seeing drops of over 65%! Whether you’re buying or selling, understanding the overall market impact is a must! Check out the video below to learn more.Are you looking to buy or sell in Oakville or the surrounding areas? We'd love to hear from you. Contact The Goodale Miller Team today or view our homes for sale here.
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August 2018 Market Stats for the GTA. Want to know more about your current housing market? Please call one of our trusted REALTORS for a thorough update today! 905-845-9180Are you looking to buy or sell in Oakville or the surrounding areas? We'd love to hear from you. Contact The Goodale Miller Team today or view our homes for sale here.
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By Edward Drennan, Serving the Oakville, Ontario Area
(Century 21 Miller Real Estate Ltd.)
Home Price Index: January 2017 to July 2018    HPI: The Home Price Index provides a general idea of how home prices are changing over time.   The graph shows the various home types and how they have changed in price since the peak early last year.   One can see that the housing market has somewhat stabilized since July 2017, although there have been some fluctuations.   Although 10-15% price reductions from peaks are seen, apartments & condos have recently returned to their peak levels.   Interest rate hikes and policy changes (mortgage approval stress test, foreign speculation tax, foreign cash flow regulations and immigration policy) continue to impact the housing market.   Any questions, looking to buy or sell in Oakville-Milton, please contact:   Edward Drennan 289-838-5105 edward.d...
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Are you thinking about escaping the big city and wondering what it would be like to commute from Oakville to Toronto for work? Commuting between Toronto and Oakville may be far more enjoyable than you think! Below are some of the benefits commuting on the GO train may give you.Breathing Room to RechargeDriving needs your focus but commuting will give you time to redirect your attention to something else. You can use the commute to enjoy a good read, watch some Netflix without having to battle it out with your kids or spouse, or even play some mobile apps. Whatever you do, you can be sure of some much needed ME-time on the GO train.Recharging is great for your mental health and your physical health. Having sufficient downtime that you can use for whatever you enjoy will do wonders for yo...
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Wouldn’t life be a lot easier if you can order your groceries online and simply pick them up at a GO station on your way home? That’s something that is already a reality for five GO stations: Bronte, Clarkson, Whitby, Rogue Hill, and Oakville! Commuters Rejoice! Shopping for groceries is always a chore, more so for commuters who may have to lug their groceries around to get home. Now that five GO stations offer grocery pick up for commuters and non-commuters alike, those living in or near Bronte, Clarkson, Whitby, Rogue Hill, and Oakville are sure to enjoy hassle-free after work shopping. How to Shop and Commute Shoppers just need to place an order prior to midnight of the next day they want their groceries to be ready for pick up. For instance, if you’re planning to have a steak dinne...
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