Posted 10.16.12 @ 8:5
That’s almost a million dollars, on AVERAGE, for a home in Toronto. But with Oakville luxury real estate, you’ll get a whole lot more for a cool $800,000! If you’ve been watching real estate across Canada you’ll see that in most places prices are beginning to fall; in the GTA though, prices are only increasing over time. By mid-September, the cost of an average detached (single family unit) home had increased in value (or cost, depending on how you look at it) by 17% in Toronto, while housing costs in Oakville remained steady. If you want to beat the bubble, it’s time to think about Oakville homes for sale.
Why Are Toronto Homes so Expensive?
There are only so many homes, but there is an ever increasing demand for more and more housing. Without enough housing, people are moving further outward trying to find just the right place to buy. Luxury real estate, Oakville in particular, is a great way to invest and get the home all at the same time.
Less Homes Sold
While homes are going for more, less homes are being sold now that the new governmental regulations are in place for mortgage lending. The amount of homes sold dropped by a little over 5% all over Canada, but this just means better deals for the rest of us! Fewer homes have been sold across Canada compared with last year, but this is just a reflection of the new rules.
What Does Oakville Offer?
Culture, natural beauty, easy commute into Toronto and a hometown feel that can’t be beat. From festivals and pageants to community gardens dedicated to sustainability, you’ll find everything you need with Oakville luxury real estate. But it’s not just detached homes that you’ll find here; condos like high-rise units, town houses and even cute lake cottages abound. Whatever you’re looking for you’ll have your choice with Oakville homes for sale. It’s important to work with the right people though to get the right house for your needs.
Get a Home!
Anyone can find a house, but it takes a special Oakville luxury realtor to find your dream home. We’ll work with you making lists of your needs and wants, pairing you with a neighbourhood that will give you everything you need to be happy. It’s not just about the house; it’s about the people and everything else around it! Everyone is in different stages of their lives, with unique needs and wants. It’s our job to make sure that you get matched up with the best fit. The neighbourhoods in Oakville are as diverse as the Oakville homes for sale themselves.
You shouldn’t have to figure out where you fit in the scheme of things, and that’s where we come in! Let us help you find the home you didn’t know you wanted; you’ll have your choice of options here and we’ll work hard to find you the right place for you.
Click here for our listings of great Oakville luxury homes for sale.