Oakville remains a popular destination for people relocating into the Greater Toronto area. No where is this more pronounced than in the still solid residental property market.
Year to date 2014, the median Oakville house price increased 13.2% in October 2014 to a record $720,000.
While October saw a slight 2.4% decrease in trasactions from 2013, Oakville still saw a very healthy 683 properties change hands in October.
There are now 1183 properties on the market in Oakville that should moderate price growth in 2015.