The number of properties to change hands in July 2009 was 9,967. This represents an increase of 28% compared to July of 2008. The value of these transactions has also gone up with the average price for Oakville real estate up by 6% to $395,414. Individuals and families are regaining confidence in the economy and are taking advantage of the more affordable housing prices across the Greater Toronto Area. The major slowdown in sales that we experienced in the first half of the year seems to be over. Experts are predicting that the overall number of homes that will have sold by the end of 2009 will be greater than last year.
Record Sales For The Oakville Real Estate Market
August 20th, 2009 | Home