Let's compare the average sales price in Oakville in March of 2022 at the prevailing 5 year fixed mortgage rate at that time of 2.9% vs the current average sales price in Oakville at the end of August of $1,492,687 at the current 5 year fixed mortgage rate of 5.99%. I know 6% basically, ouch right?

July Market Update Video

June Market Update

The month of May finally saw some added activity from the seller side of the market with 565 new listings in Oakville which is the first time since June of last year that we have had over 500 new listings. The new listings were a welcomed sight for hungry buyers. We sold 327 properties in May 23 as