Oakville-Burlington Real Estate Update-April 2024
Sunday May 5th, 2024
ShareOakville-Burlington...April 2024 residential re-sale housing sales summary as reported by the Toronto Regional Real Estate Board (TRREB)… [read more]
Sunday May 5th, 2024
ShareOakville-Burlington...April 2024 residential re-sale housing sales summary as reported by the Toronto Regional Real Estate Board (TRREB)… [read more]
Saturday Jan 6th, 2024
ShareSaturday Jan 6th, 2024
ShareOakville-Burlington...December 2023 residential re-sale housing sales summary... Oakville Days on Market: 74 Months of Inventory: 2.51 Burlington Days on Market: 61 Months of Inventory: 2.68 [read more]
Tuesday Jan 23rd, 2024
ShareGTA Real Estate Market Update: January 2024 The volume of home sales has trended down dramatically since the Bank of Canada started raising the Overnight rate (Prime rate) in March of 2022. But things started to shift at the end of last year. RBC reported that the Toronto-area market woke up from its slumber as 2023 drew to a close. Home resales spiked 21% in December. RBC also made some rate predictions in the same report stating that by the end of this year, they anticipate the... [read more]
Thursday Feb 22nd, 2024
ShareWe had a positive start to 2024. The Bank of Canada expects the rate of inflation to recede as we move through the year. This would support lower interest rates which would bolster home buyers' confidence to move back into the market. First-time buyers currently facing high average rents would benefit from lower mortgage rates, making the move to home ownership more affordable. Once the Bank of Canada starts cutting its policy rate, likely in the second half of 2024, expect home sales to... [read more]
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