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January 2021 Market Report

February 8, 2021

According to figures released February 4 by The Oakville, Milton and District Real Estate Board (OMDREB), the number of all property sales increased slightly in January compared to the same period in 2020. Monthly property sales went up by 41, totalling 346 compared to 305 in January 2020. The total number of new property listings saw a decrease of 86 this year: 430 new listings in January 2021 compared to 516 in 2020.

December 2020 Market Report

January 13, 2021

Oakville, ON, January 6, 2020 – According to figures released January 6 by The Oakville, Milton and District Real Estate Board (OMDREB), the number of all property sales nearly doubled in December compared to the same period in 2019. Monthly property sales went up by 146, totalling 297 compared to 151 in December 2019.

Halton enters Lockdown on December 26, 2020

December 21, 2020

Looking towards the new year, the real estate landscape in Oakville, Milton, and surrounding areas will face continued restrictions. Ontario is experiencing a resurgence in COVID-19 cases, and REALTORS® must do their part to minimize the spread of the virus. That includes, among other things, a temporary return to conducting business by virtual processes only.

Open Houses Prohibited In Halton Region

November 16, 2020

Effective Monday, November 16, 2020, Halton Region was placed under the Red “Control” level of the new Province of Ontario “COVID-19 response framework: keeping Ontario safe and open” guidelines. For OMDREB Members and other REALTORS® trading in Oakville, Milton, and Halton Hills, this has a direct impact on the way you conduct business.

October 2020 Market Report

November 9, 2020

Oakville, ON, November 9, 2020 – According to figures released November 6 by The Oakville, Milton and District Real Estate Board (OMDREB), the number of all property sales increased drastically in October compared to the same period in 2019. Monthly property sales went up by 352, totalling 642 compared to 290 in October 2019. The total number of new property listings saw a large increase this year: 822 new listings in October 2020 compared to 503 in 2019.

September 2020 Market Report

October 14, 2020

According to figures released October 2 by The Oakville, Milton and District Real Estate Board (OMDREB), the number of all property sales increased in September compared to the same period in 2019. Monthly property sales went up by 121, totalling 396 compared to 275 in September 2019. The total number of new property listings saw a slight decline this year: 566 new listings in September 2020 compared to 579 in 2019.

Introducing Lorraine McLachlan, OMDREB's new Chief Executive Officer

October 2, 2020

The Oakville, Milton and District Real Estate Board (OMDREB) is thrilled to announce the hiring of Lorraine McLachlan as its new Chief Executive Officer.

Ontario allows real estate professionals to incorporate and be paid through Personal Real Estate Corporations (PRECs)

October 2, 2020

The Ontario government announced the first phase of regulatory changes related to the Trust in Real Estate Services Act, 2020 (TRESA). The new changes will modernize rules for registered real estate brokerages, brokers, and salespersons across the province while also addressing consumer concerns.

August 2020 Market Report

September 15, 2020

Oakville, ON, September 15, 2020 – According to figures released September 15 by The Oakville, Milton and District Real Estate Board (OMDREB), the number of all property sales increased in August compared to the same period in 2019. Monthly property sales went up by 123, totalling 420 compared to 297 in August 2019. The total number of new property listings saw the same this year: 547 new listings in August 2020 compared to 408 in 2019.

July 2020 Market Report

August 10, 2020

Oakville, ON, August 5, 2020 – According to figures released August 5 by The Oakville, Milton and District Real Estate Board (OMDREB), the number of all property sales increased in July compared to the same period in 2019. Monthly property sales went up by 68, totalling 430 compared to 362 in July 2019. The total number of new property listings saw the same this year: 630 new listings in July 2020 compared to 541 in 2019.