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OAKVILLE RESALE PRICES STRENGTHEN IN SPRING MARKET

OAKVILLE RESALE PRICES STRENGTHEN IN SPRING MARKET

OAKVILLE RESALE PRICES STRENGTHEN IN SPRING MARKET

MARCH MARKET HIGHLIGHTS
  • March average price of $1,155,338 is up by a solid 4.6% versus last year, and by 10.2% versus February
  • Q1 average price is up by 1.6% versus last year, indicating that the market has bounced o‑ the lows experienced in 2018
  • That said, March volume remained in sluggish territory (183 units, down by 17.2% versus last year)
  • OSFI stress test continues to negatively impact mortgage qualification numbers and is therefore hampering sales volume

WHAT’S YOUR OAKVILLE HOME WORTH? GET A FREE MARKET EVALUATION OF YOUR HOME.

 

OAKVILLE TRANSACTIONS – MAR 2019

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