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GTA Real Estate Trends: A Peek Inside the Oakville-Milton Housing Market


Over the last 12 months, something unique has transpired in the Canadian real estate market. As the major urban centres such as Toronto experienced record sales and price growth, the trend seeped across the broader GTA real estate market into surrounding smaller communities. In North America’s fourth-largest city, every jurisdiction outside the downtown Toronto core has witnessed monumental gains that have either never been seen, or have not been replicated in many years. The Oakville-Milton housing market is no exception to this development in the Ontario real estate market. Although the region enjoyed enormous growth before the coronavirus pandemic, thanks to its close proximity to Toronto, this market in southwestern Ontario is reporting double- and triple-digit growth. Looking at the numbers requires a double take because they are so immense. But why? The same factors that are contributing to market growth nation-wide, are also fuelling momentum within the Oakville-Milton housing market: low supply and strong demand. So, what happened in the Oakville-Milton housing market in April? Here is the data:

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