Oakville, ON Real Estate News

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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GTA Housing Market is definite heating up this spring and properties in some parts of Toronto are getting multiple offers, shared by realtors.Sizzling Housing MarketA return to the usually vibrant and energized GTA Housing Market is seen this spring, far from the abrupt season of last year. This year’s spring forecast for the GTA Real Estate Market is predicted to be very much like the spring of 2013 and 2014, as March 2018 saw a historical peak of 34% price increase as compared to the previous year.Meanwhile, agents share that there’s often room for negotiation for the right properties in sought after neighbourhoods despite the fact that those properties are getting multiple offers.Rising Prices Everywhere?Durham Region prices are steadily increasing since the beginning of the year, a ...
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The fight to save Glen Abbey Golf Course and protect it from destruction continues as Oakville residents attended the Town Hall talk that was set to discuss the fate of the beloved green space.Although many individuals would love to take part in meetings regarding the Glen Abbey Golf Course, the truth is that only a handful can do so because the meetings are held during weekdays, shared Fraser Damoff, Save Glen Abbey Coalition spokesperson regarding the April 27 pre-hearing.More Talks to FollowThe meeting’s purpose is to appeal to ClubLink, owner of the famous Canadian Golf course to perhaps change their mind regarding their proposal to turn Glen Abbey Golf Course into an area with retail space, offices, and about 3,200 residential units which isn’t supported by most locals.ClubLink is ...
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The future looks amazing for Oakville! This news isn’t just for those seeking to buy luxury real estate in Oakvillebut for everyone residing in it and nearby areas more so when it comes to business matters.Bright Economic UpdateMayor Rob Burton was in a Q and Asession during his Economic Update together with other notable persons such as Aby Alameddine, past chair of the Oakville Chamber of Commerce. During the Q and A hosted by the Oakville Chamber of Commerce, he said that as far as business risks goes, the future is looking great for Oakville. The update was shared to an auditorium filled with 320 of Oakville’s politicians, business leaders, and police force.Burton added that there seems to be no real barrier to Oakville’s further success, barring Trump – a joke that made people laug...
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An iconic landmark is saved as Glen Abbey Golf Course, a golf course that has hosted numerous Canadian Open Tournaments in the past, got extra protection against further planning and development when Oakville City Council voted for measures that can halt the proposed conversion of the land it sits on into another urban development. This was following the Oakville public meetings for changes in the Glen Abbey plans last month.Local Treasure Safe for NowGlen Abbey Golf Course, a local landmark of international fame, got additional protections from recent meeting of the planning and development council for Oakville. The vote was unanimous regarding protecting the existing site and limiting what can be built on it.Mayor Rob Burton shared that the protection measures still active today are p...
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The Oakville Town Hall meeting that took place in the 10th of January 2018 made sure to discuss proposed official plan amendment for Glen Abbey. The meeting, one of the first on the topic, aims to both disseminate and gather information about changes to Glen Abbey plans for development.Public meetings are an important part of the process as Glen Abbey is a heritage site. The first meetings, which were scheduled at the Trafalgar room in Oakville’s Town Hall, had two sessions, one in the afternoon from 2 p.m. until 4 p.m., and one in the evening which run from 6:30 p.m. to 8:30 p.m. another meeting (a statutory public one) was scheduled on January 30 wherein Oakville residents were able to voice out their opinions regarding the official plan amendment to the members of the planning and de...
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By Real Estate Kareer - Sara Kareer, CLHMS, This Kareer Helps You Build Real Estate Wealth
(Re/Max Realty One Inc., Brokerage)
VIP Pre-Construction Oak&Co Condos, Oakville (Dundas & Trafalgar)  Oak & Co Condos is a luxury condo project coming to Oakville’s prestigious Uptown Core community.   Surrounded by Smart Centres and new homes, Oak & Co offers the perfect location --- walking distance to everything including nearby stores, cafes, restaurants, schools, parks & trials.   Area Highlights:   Prestigious Oakville’s Uptown Core Surrounded by new & luxury homes 3 minute walk to Uptown Core Bus Terminal 4 minutes to Hwy 403/QEW, 6 mins to Hwy 407 4 minutes to Sheridan College 5 minutes to Oakville Place 6 minutes to Trafalgar Memorial Hospital 7 minutes to Oakville GO Train 8 minutes to Lake Ontario 12 minutes to Square One, Mississauga 20 minutess to Pearson International Airport 30 minutes to Downtown Toronto ...
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