Loewen Group Mortgages – James Loewen – Milton Mortgage Broker

Talk to our Mortgage Experts Today 289-270-1586

Local Residential Market Update – Milton, Oakville and Burlington

The peak homebuying season is quickly approaching, which means now is the perfect time to get your finances in order and schedule an appointment with your Milton mortgage broker. The spring and summer months are the most popular time to buy a home, so if you are interested in becoming a homeowner, there is no better time to become one then right now.

So, to help you get started, your local brokers with Loewen Group Mortgages have listed the most current market update for the Milton, Burlington, and Oakville region.


Milton Market Update

According to one of the top real estate websites in Canada, Zolo.ca states that the market trends for the Milton region have been consistently changing over the past year.

The current average sold price for March 2019 is $706,000, which is a 2.8% increase from this time last year, but is a 5% decrease from the previous month.

With rates currently lower than they have been since February 2019, it would be in your best interested, financially, to lock in a rate now with your broker to take advantage of these current low prices.

Canadian mortgage rates are expected to increase in the near future, so act quickly before they go back up.


Burlington Market Update

If you are looking for a home in Burlington, the current average sold price for all housing properties is $795,000. This price is a 5.5% increase since March 2018 and is a 12.1% increase over the past month. As mentioned previously, experts are predicting these rates will increase, especially during the peak homebuying season, so contact your local mortgage broker today to get started.


Oakville Market Update

The housing prices in Oakville has followed similar trends to that in Burlington. The current average sold price for homes in this area is $1.1 million. This price is 6.9% more expensive than March 2018 and is 8.2% more expensive since February 2019. Call your local broker for more details.


Contact Us

If you would like to receive more information on the current market trends for the Milton, Burlington, and Oakville region or if you are interested in finding out what the current Milton mortgage rates are, please contact the Loewen Group Mortgages team at 289-270-1586.

About the author...

View all posts by James Loewen

Your reactions

Fields marked with * are mandatory

© 2015 Loewen Group in association with Serious Monkey. James Loewen Lic. # M0800338, Loewen Group LIC#12268.


Hours Of Operation

Monday - Friday: 9am - 5pm
Saturday & Sunday: 5pm - 8pm, By Appointment


Office: +1 289-270-1586 james@loewengroup.ca
Thank You for checking out our new site. We would love to know more about what you think. This could win you a free dinner for two. Just send us an email with what you would like to see in the best mortgage brokers site on earth, and you will be entered into the draw. We would love to hear from you and Thanks again!
Show Buttons
Share On Facebook
Share On Twitter
Share On Google Plus
Share On Linkedin
Share On Youtube
Hide Buttons