Oakville-Milton, Ontario Home Price Trends

By
Real Estate Sales Representative with Century 21 Miller Real Estate Ltd. 4793863

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
EdwardDrennan.com

Not intended to solicit buyers and sellers currently under contract with another brokerage

Comments (1)

Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

thanks for the market update- I love reading about the sales volume in different parts of the country

Aug 23, 2018 07:41 AM