Oakville Rental Market Update - 2011
|Number of Units Rented|
|Total for Year||134||237||227||598|
|Average per Month||17||30||28||75|
It was a busy month with a total of 93 rentals in Oakville in August, up from 81 last month and about average for the month of August (there were 92 and 91 leases in August 2010 and 2009 respectively).
Rental inventory dropped back down to 88 units from 107 last month. The supply of apartments and townhomes remains very low (less than 1 month supply) while the supply of detached homes is well above the monthly average. As with last month its interesting to note that of the 46 detached homes listed for lease in Oakville, 37 of those are priced at $3,000/month and above!