December 2021 – GTA Housing Market News

What is going on with the real estate market?

Here are the December stats:

• Average sale price across the GTA is up 17.8% year over year ⁠
• Average sale price in the 905 area code for freeholds saw an increase of 33% over last year Dec 2020
• Supply continues to be an issue across all home types ⁠
• Despite continuing waves of COVID-19, demand for ownership housing sustained a record pace in 2021.

Milton Real Estate Market

The average price in Milton $1,348,700

Burlington Real Estate Market

The average price in Burlington $1,228,800

Oakville Real Estate Market

The average price in Oakville $1,445,000

Have questions about the market? Contact us today to learn more!

Previous Reports on GTA Housing Market News

November October September August

November 2021 – GTA Housing Market News

What is going on with the real estate market?

Here are the November stats:

Average sale price is up 13.2% year over year ⁠
⁠
Supply continues to be an issue across all home types ⁠
⁠
First-time buyers made a big come back this year entering the real estate market & as population growth picks up over the next two years we anticipate the condo and townhome segments to remain popular ⁠

Milton Real Estate Market

The average price in Milton $1,316,700

Burlington Real Estate Market

The average price in Burlington $1,224,800

Oakville Real Estate Market

The average price in Oakville $1,418,000

Have questions about the market? Contact us today to learn more!

Previous Reports on GTA Housing Market News

October September August July

October 2021 – GTA Housing Market News

What is going on with the real estate market?

Here are the October stats:

• Second highest level of sales on record ever with the Toronto Real Estate Board in October.
• Low inventory on all types of home
• The average price growth for all types of homes is up 19.3% over last year.

Milton Real Estate Market

The average price in Milton $1,255,300

Burlington Real Estate Market

The average price in Burlington $1,186,400

Oakville Real Estate Market

The average price in Oakville $1,388,600

Have questions about the market? Contact us today to learn more!

Previous Reports on GTA Housing Market News

September August July June

September 2021 – GTA Housing Market News

What is going on with the real estate market?

Here are the September stats:

– Average sales has increased 19% over September last year
– September had fewer sales, due to low inventory 
– Halton area average sales has increase 24% over last year

Milton Real Estate Market

The average price in Milton $1,154,800

Burlington Real Estate Market

The average price in Burlington $1,140,500

Oakville Real Estate Market

The average price in Oakville $1,310,900

Have questions about the market? Contact us today to learn more!

Previous Reports on GTA Housing Market News

August July June May

August 2021 – GTA Housing Market News

The average sale price in the GTA is up by 12.6% year over year. We saw a regular summer breather in terms of supply, yet demand remains strong. This has resulted in a lot of competition among buyers (we are currently seeing 10+ offers on a property). Everyone is hoping (and there is some indication) that supply will pick up in this month and throughout the fall. It is a great time to list right now as there is a lot of demand and if you are thinking of buying it is a great time too as we anticipate supply to pick up soon.

Milton Real Estate Market

The average price in Milton is $1,110,400

Burlington Real Estate Market

The average price in Burlington $1,098,400

Oakville Real Estate Market

The average price in Oakville $1,261,600

Have questions about the market? Contact us today to learn more!

Previous Reports on GTA Housing Market News

July June May April

July 2021 – GTA Housing Market News

Milton Real Estate Market

The average price in Milton is $1,107,600

Burlington Real Estate Market

The average price in Burlington $1,098,400

Oakville Real Estate Market

The average price in Oakville $1,242,100

Previous Reports on GTA Housing Market News – June, May, April, March

June 2021 – GTA Housing Market News

Milton Real Estate Market

The average price in Milton is $1,035,349

Burlington Real Estate Market

The average price in Burlington is $1,149,989

Oakville Real Estate Market

The average price in Oakville is $1,437,986

Previous Reports on GTA Housing Market News –May, April, March

May 2021 – GTA Housing Market News

What is currently happening in the Real Estate Market?

Buyers, I know you have been waiting for some good news and it’s finally here!

The market is no longer insanely crazy in the Halton & Hamilton regions. While the desirability of a property can certainly change things, we wanted to let you know that it appears the multiple offer market is cooling. Through COVID we had been seeing 30+ offers on all kinds of properties however that appears to have cooled to a more reasonable 2-10 offers.

In fact, we recently helped some buyers successfully purchase a home conditionally and without competing offers. Let’s be strategic and work to get you what you want the way you want it.

Reach out if you have any questions, we are here to help.

Milton Real Estate Market

The average price in Milton is $1,062,600.

Burlington Real Estate Market

The average price in Burlington is $1,035,965.

Oakville Real Estate Market

The average price in Oakville is $1,476,467.

Previous Reports on GTA Housing Market News –April, March, February

April 2021 – GTA Housing Market News

What is going on with the real estate market?

Here are the April stats:
– Number of sales is down 12.7% in April over March
– But, number of sales are up 36.6% compared to the 10 yr average
– New listings are down 8.4% month over month

Milton Real Estate Market

The average price in Milton is $1,061,348

Burlington Real Estate Market

The average price in Burlington is $1,055,023

Oakville Real Estate Market

The average price in Oakville is $1,458,793

Previous Reports on GTA Housing Market News – March, February, January

It may be no surprise to hear that March 2021 was yet another record-breaking month in real estate. Home sales are reportedly largely driven by low interest rates and consumer confidence remains high, even though we’re stepping into more COVID related restrictions right now. While inventory and sales are way up again in March they have yet to catch up to the backlog of buyers so we’re still in a seller’s market.

March 2021 – GTA Housing Market News

Milton Real Estate Market

The average price in Milton is $1,037,207.

Burlington Real Estate Market

The average price in Burlington is $1,099,362.

Oakville Real Estate Market

The average price in Oakville is $1,526,414.

Previous Reports on GTA Housing Market News – February, January, December,