Archive for the ‘Real Estate’ Category

Monthly Real Estate Forecast

Friday, April 4th, 2014

Real estate predictions are made daily, weekly and monthly depending on the region and community you live in. These predictions are often based on such factors as rising or falling interest rates, employment outlook and immigration patterns, all of which effect the real estate market in Oakville as our Town continues to grow and prosper.

Families have been choosing Oakville for its safe and stable environment, excellent schools and close proximity to major hubs around the province. This being said, we have already seen an increase year to date of the number of residential sales in Oakville increase by 10.19%, with the average sale price increasing by 4.4% and the median sale price increasing by 10.56%, bringing the median price of a home selling in Oakville to $670,000.00.


Oakville’s Luxury Home Market Soaring High

Thursday, February 20th, 2014

Making our way into the New Year, Oakville’s luxury home market continues to make significant gains at the top of Canada’s housing market. With all signs pointing to a robust 2014, a recent report by Re/Max states that seventy-five per cent of all markets have experienced year-over-year percentage increases in sales. Furthermore, over two-thirds of markets have set new records for high-end sales in 2013.

On a high note for Oakville, our community saw a 19% increase in 2013 within the luxury residential market for homes priced $1.5 million and up. In total, 156 Oakville homes within this upper-tier market sold last year.


2014 Oakville Real Estate Forecast

Wednesday, January 15th, 2014

January has proven to be a very busy month in real estate and it seems that 2014 will continue along the same path!

Last year, our residential real estate market demonstrated extraordinary resilience and 2013 ended up being the second best year in housing sales since 2008! As housing values continue to climb, the average housing price is set to appreciate by 5% over the next year. This being said, the high demand and shortage of listings will contribute to the boom in activity throughout 2014.

It is predicted that first-time homebuyers will be actively purchasing homes over the next few years. This smart demographic has been preparing to make the move towards home ownership for the last two years and have saved money for larger down payments and revalued their expectations.

Purchasers who are looking to move-up in the real estate market will continue to represent a large share of the purchases and sales over the next year, driving the sales of properties between $600,000 and $1 Million – a market where inventory has typically been tight. Furthermore, the demand for luxury homes in excess of $1.5 million will continue to increase as foreign investments become increasingly evident and continue to contribute to the upper tier home sales in excess of $2 Million.


Savy Decorating Tips for the Holidays

Tuesday, December 10th, 2013

The Christmas season is upon us and the idea of decorating can be a fun or daunting task – depending on how much time you have on your hands. If your house is on the market and you are looking to sell this holiday season, stay festive and cheerful with some quick and easy decorating tricks that will leave any visitor impressed.

1) Use small glass or crystal bowls on your side tables and fill them with colourful candy like candy canes, sugar candies and other tasty treats that represent the colours of the season!


Bronte Village Welcomes You Home

Wednesday, November 6th, 2013

As many of you know, Oakville offers an incredible array of neighbourhoods to choose from when looking for your perfect home. One of the oldest and most historical areas in Oakville is the quaint and beautiful Bronte Village situated only steps from the lake and prestigious Bronte Harbour.

The first harbour built in Bronte Village was completed in 1856 and became a popular hub for many activities – both social and industrial. Today, Oakville’s very own Village-On-The-Lake offers an incredible amount of activities, shopping and dining options for local residents and a special historical feel that is adored by all who visit.  Some of Oakville’s best restaurants, salons and boutiques call Bronte Village home, and if you are looking to move to or within Oakville, you can too!

The beauty of Bronte Village lies not only with the fact that you can enjoy french fries from a chip wagon and ice cream from one of Oakville’s most well-known creameries while strolling along the pier on a lovely summer day, but in the fact that this community is currently offering a number of luxury condos on the lake and detached luxury homes for sale.

If you are looking for a home in Oakville, consider three custom homes currently under construction, choose your finishes and move into your new home in the spring. Or if a waterfront contemporary home with riparian rights is more your style, that wish can also come true. Meanwhile, The Shores continues to offer some of the most luxurious and affordable waterfront condominium living in Oakville. Real estate values in this hidden gem of a community continue to increase well beyond current market averages.