Thank you to all my wonderful clients for your continued support and loyalty. It is my real honour to know you. I hope everyone had a great time and a fun brunch. Hopefully you were able to reconnect with some old friends and make some new ones. For me, it was my true pleasure to see you all again and catch up a bit, though the time seems to run way too fast. Special thanks to servers-par-excellence Kelly & Peter for helping to make the day a success and for serving a mean mimosa, to Chef Bernie for the delicious food and making it a fabulous gastronomical experience, and last but not least to Cathy Hyatt for running such a classy venue.

August 2013 Sales and Average Price Up Over 2012

These are overall figures encompassing a large demographic. For specific market trends affecting your particular neighbourhood click here

September 5, 2013 -- Greater Toronto Area REALTORS® reported 7,569 residential transactions through the TorontoMLS system in August 2013. This represented a 21 per cent increase compared to 6,249 sales in August 2012.

“Sales were up strongly this past August for all major home types compared to last year. Many households have accounted for the added costs brought on by stricter mortgage lending guidelines and have reactivated their search for a home. These households have found that a diversity of affordable ownership options exist throughout the GTA,” said Toronto Real Estate Board President Dianne Usher.

The average selling price for August 2013 was $503,094 – up by almost 5.5 per cent compared to the average of $477,170 in August 2012. The MLS® Home Price Index (HPI) composite benchmark was up by 3.7 per cent over the same period.

“Despite an increase in borrowing costs during the spring and summer, an average priced home in the GTA has remained affordable for a household earning an average income. With this in mind, tight market conditions are expected to promote continued price growth through the remainder of 2013,” said Jason Mercer, TREB’s Senior Manager of Market Analysis.

Click here to see Full Report [pdf]

Historic Annual Sales and Average Price [pdf]

Source:Toronto Real Estate Board

These are overall figures encompassing a large demographic. For specific market trends affecting your particular neighbourhood click here

February 5, 2014 -- Home ownership in the Greater Toronto Area remains affordable and there are many people looking to purchase a home. In January, the number of homes listed for sale was down quite strongly compared to last year, which means that it was difficult for some buyers to find a home.

Greater Toronto Area REALTORS® reported 4,135 sales through the TorontoMLS system in January 2014. This result was down by 2.2 per cent in comparison to January 2013. New listings entered into the system were down over the same period by 16.6 per cent to 8,822.

“Looking forward, it is possible that strong price growth, and therefore an increase in home equity, will act as a trigger for more households to list their homes for sale. This is especially the case for households whose life styles are changing, including those with an expanding family looking for a larger home or empty nesters looking to downsize,” said Dianne Usher, President, Toronto Real Estate Board.

The average selling price for January 2014 sales was $526,528 – up by more than nine per cent compared to $482,080 in January 2013.

“The pace of price growth will remain strong in 2014. Similar to last year, competition between buyers for singles, semis and town homes in the City of Toronto and surrounding regions will continue to exert upward pressure on selling prices. At the same time, mortgage rates will remain near historic lows, so despite strong price growth, home ownership will remain affordable for the average household in the GTA,” said Jason Mercer, TREB’s Senior Manager of Market Analysis.

Click here to see Full Report [pdf]

Historic Annual Sales and Average Price [pdf]

Source: Toronto Real Estate Board

NEWS RELEASE

For Immediate Release

NO APRIL SHOWERS FOR OAKVILLE, MILTON PROPERTY SALES

Oakville, ON, May 2, 2014 – According to figures released today by The Oakville, Milton and

District Real Estate Board (OMDREB), the number of all property sales increased by 3.2 per

cent in April compared to the same period in 2013. Monthly property sales totaled 874

compared to 847 in April 2013.

"Residential sale prices in Milton and Oakville climbed substantially in April 2014," said Jack

McCrudden, President of OMDREB. "It was a busy month for our Members and these numbers

reflect their hard work and the ultra-competitive marketplace."

The dollar volume of all property sales processed through the OMDREB MLS® system

increased in April 2014 to $514,432,312 from $438,298,597 in April 2013 – an increase of 17.4

per cent.

Oakville’s median sale price for the month of April was $722,000, an increase of 17.6 per cent

compared to April 2013. The median sale price in Milton was $468,000, an increase of 5.6 per

cent compared to the same time last year.

About The Oakville, Milton and District Real Estate Board (OMDREB)

The Oakville, Milton and District Real Estate Board represents over 1,500 REALTORS® who

serve the communities of Oakville, Milton, Halton Hills and the surrounding areas. OMDREB

serves its members through a variety of support and services, including professional

development, technology and advocacy.

Established in 1954, the Board also champions shelter-based charitable endeavours that are

important to the local communities in which its members work and serve. For more information

about OMDREB, please visit www.omdreb.on.ca.

Media Contacts

Jack McCrudden, President, OMDREB, 905-878-7777

Dionne Galan, Manager of Communications, OMDREB, 905-844-6491 ext. 113

*The total sales are comprised of all sales by OMDREB Members, regardless of jurisdiction.

**Total dollar volume of sales reflects "all property types" including residential, condominiums,

commercial property, farmland and sale of businesses.

OMDREB April 2014 Sales Results

RESIDENTIAL ONLY SALES ACCORDING TO DISTRICT

Milton Residential Type Units Sold by Type

Detached  68    

Semi/Link/Townhouse  53    

Condo Apartment/TH  18   

Oakville Residential Type Units Sold by Type

Detached  222   

Semi/Link/Townhouse 56   

Condo Apartment/TH 44   

2014 Compared to 2013

Milton April 2014 April 2013 % Change

No. of Residential Sales          139           139          0.00%

Average

1

 Sale Price $499,642  $467,664          6.84%

Median

2

 Sale Price $468,000   $443,000          5.64%

Milton YTD 2014 YTD 2013 % Change

No. of Residential Sales          368         421       -12.59%

Average

1

 Sale Price $474,186  $455,399          4.13%

Median

2

 Sale Price $448,000 $432,000          3.70%

Oakville April 2014 April 2013 % Change

No. of Residential Sales          319          304          4.93%

Average

1

 Sale Price $833,125 $741,359        12.38%

Median

2

 Sale Price $722,000 $614,000        17.59%

Oakville YTD 2014 YTD 2013 % Change

No. of Residential Sales          949          883          7.47%

Average

1

 Sale Price $804,323 $748,528          7.45%

Median

2

 Sale Price $690,000 $625,000        10.40%

1

The average home price is found by adding the value of all sales and dividing by the number of homes.

2

The median sale price is the midpoint of all sales.

The information provided herein is deemed accurate but not guaranteed.

Source: The Oakville, Milton and District Real Estate Board    www.omdreb.on.ca

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®

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PROPERTY RESALE MARKET BLOSSOMS HEADING INTO SUMMER

Oakville, ON, June 3, 2014 – According to figures released today by The Oakville, Milton and District Real Estate Board (OMDREB), the number of all property sales increased by 0.8 per cent in May compared to the same period in 2013. Monthly property sales totaled 944 compared to 937 in May 2013.

"The residential resale market remains especially competitive in Milton and Oakville as both areas experienced substantial increases in the median sale price compared to last May," said Jack McCrudden, President of OMDREB. "Our statistics rose across the board and we expect this trend to continue into June."

The dollar volume of all property sales processed through the OMDREB MLS® system increased in May 2014 to $542,633,257 from $522,747,780 in May 2013 – an increase of 3.8 per cent.

Oakville's median sale price for the month of May was $708,000, an increase of 11.7 per cent compared to May 2013. The median sale price in Milton was $454,750, an increase of 4.5 per cent compared to the same time last year. About The Oakville, Milton and District Real Estate Board (OMDREB) The Oakville, Milton and District Real Estate Board represents over 1,500 REALTORS® who serve the communities of Oakville, Milton, Halton Hills and the surrounding areas. OMDREB serves its members through a variety of support and services, including professional development, technology and advocacy.

Established in 1954, the Board also champions shelter-based charitable endeavours that are important to the local communities in which its members work and serve. For more information about OMDREB, please visit www.omdreb.on.ca.

Media Contacts Jack McCrudden, President, OMDREB, 905-878-7777 Dionne Galan, Manager of Communications, OMDREB, 905-844-6491 ext. 113

*The total sales are comprised of all sales by OMDREB Members, regardless of jurisdiction.

**Total dollar volume of sales reflects "all property types" including residential, condominiums, commercial property, farmland and sale of businesses.

OMDREB May 2014 Sales Results

RESIDENTIAL ONLY SALES ACCORDING TO DISTRICT

Milton Residential Type Units Sold by Type

Detached 62 Semi/Link/Townhouse 61 Condo Apartment/TH 15 Oakville Residential Type Units Sold by Type

Detached 241

Semi/Link/Townhouse 56

Condo Apartment/TH 49

2014 Compared to 2013

Milton May 2014 May 2013 % Change No. of Residential Sales 138 125 10.40% Average1 Sale Price $483,844 $451,943 7.06% Median2 Sale Price $454,750 $435,000 4.54% Milton YTD 2014 YTD 2013 % Change No. of Residential Sales 517 546 -5.31% Average1 Sale Price $477,878 $454,608 5.12% Median2 Sale Price $450,000 $433,500 3.81% Oakville May 2014 May 2013 % Change No. of Residential Sales 346 346 0.00% Average1 Sale Price $838,834 $780,806 7.43% Median2 Sale Price $708,000 $634,000 11.67% Oakville YTD 2014 YTD 2013 % Change No. of Residential Sales 1322 1229 7.57% Average1 Sale Price $813,708 $757,615 7.40% Median2 Sale Price $697,250 $630,000 10.67%

1The average home price is found by adding the value of all sales and dividing by the number of homes.

2The median sale price is the midpoint of all sales.

The information provided herein is deemed accurate but not guaranteed.

Source: The Oakville, Milton and District Real Estate Board www.omdreb.on.ca

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NEWS RELEASE

 For Immediate Release

 
NUMBER OF PROPERTY SALES DIP,
RESIDENTIAL SALE PRICES CLIMB IN JUNE

Oakville, ON, July 7, 2014 – According to figures released today by The Oakville, Milton and
District Real Estate Board (OMDREB), the number of all property sales decreased by 3.2 per
cent in June compared to the same period in 2013. Monthly property sales totaled 844
compared to 872 in June 2013.

“With the number of new listings up over eight per cent in June and five per cent overall in 2014,
there is a lot of choice for buyers in the market,” said Jack McCrudden, President of OMDREB.
“Milton continued to experience sales growth while Oakville remained at a premium sale price.”

The dollar volume of all property sales processed through the OMDREB MLS® system
increased in June 2014 to $479,445,007 from $442,598,128 in June 2013 – an increase of 8.3
per cent.

Oakville’s median sale price for the month of June was $699,000, an increase of 8.1 per cent
compared to June 2013. The median sale price in Milton was $447,500, an increase of 2.1 per
cent compared to the same time last year.
About The Oakville, Milton and District Real Estate Board (OMDREB)
The Oakville, Milton and District Real Estate Board represents over 1,500 REALTORS® who
serve the communities of Oakville, Milton, Halton Hills and the surrounding areas. OMDREB
serves its members through a variety of support and services, including professional
development, technology and advocacy.

Established in 1954, the Board also champions shelter-based charitable endeavours that are
important to the local communities in which its members work and serve. For more information
about OMDREB, please visit www.omdreb.on.ca.

Media Contacts
Jack McCrudden, President, OMDREB, 905-878-7777
Von Jeppesen, Communications Specialist, OMDREB, 905-844-6491 ext. 101

*The total sales are comprised of all sales by OMDREB Members, regardless of jurisdiction.

**Total dollar volume of sales reflects “all property types” including residential, condominiums,
commercial property, farmland and sale of businesses.


OMDREB June 2014 Sales Results

RESIDENTIAL ONLY SALES ACCORDING TO DISTRICT

Milton Residential Type Units Sold by Type

Detached 54
Semi/Link/Townhouse 43
Condo Apartment/TH 18
Oakville Residential Type Units Sold by Type

Detached 197

Semi/Link/Townhouse 53

Condo Apartment/TH 42

2014 Compared to 2013

 

Milton

June 2014

June 2013

% Change

No. of Residential Sales

 115

 125

 -8.00%

Average1 Sale Price

$480,286

 $463,683

 3.58%

Median2 Sale Price

$447,500

 $438,500

 2.05%

 

 

Milton

YTD 2014

YTD 2013

% Change

No. of Residential Sales

 647

 671

 -3.58%

Average1 Sale Price

$479,243

$456,299

 5.03%

Median2 Sale Price

$450,000

$434,000

 3.69%

 

 

Oakville

June 2014

June 2013

% Change

No. of Residential Sales

 291

 302

 -3.64%

Average1 Sale Price

$802,854

$737,407

 8.88%

Median2 Sale Price

$699,000

$646,750

 8.08%

 


Oakville

YTD 2014

YTD 2013

% Change

No. of Residential Sales

 1639

 1531

 7.05%

Average1 Sale Price

$812,948

$753,629

 7.87%

Median2 Sale Price

$695,000

$631,000

 10.14%



 

1The average home price is found by adding the value of all sales and dividing by the number of homes.

2The median sale price is the midpoint of all sales.

 

The information provided herein is deemed accurate but not guaranteed.

Source: The Oakville, Milton and District Real Estate Board www.omdreb.on.ca

MLS® Powered by Tarasoft MATRIX v5.7. www.onmatrix.ca

 
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