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

Discover the Key Factors Shaping Oakville's Real Estate Market in May 2023!

Welcome to the Oakville Real Estate Market Update for May 2023. As expected, this time of year is traditionally busy in the real estate market, and this year is no exception. However, there are some noteworthy differences. The enchantment of spring with its warmer temperatures, blossoming foliage, a

Don't believe the hype

Yes, interest rates have been going up, but prices have come down much more. Prices have come down by 23% from March 2022 to January 2023. You can use whatever price you want to do your own calculations, but I'm going to use the average selling price of $1,856,000 from March 2022 and 2.9% as the 5 y