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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.

OMDREB continues to strongly recommend virtual even though ban on in-person open houses has been lifted

July 28, 2020

OAKVILLE, ON — On July 24, the Region of Halton officially entered Stage 3 of their COVID-19 Reopening Plan. As such, OMDREB Members and other REALTORS® across the GTA are directly affected by this Stage 3 implementation - specifically with the ban on public open houses being lifted.

Halton Region Passes By-Law Requiring Face Coverings in Enclosed Public Places

July 16, 2020

On Wednesday, July 15 Regional Council for the Regional Municipality of Halton approved a temporary By-Law (By-Law 47-20) requiring non-medical masks/face coverings to be worn in all indoor public spaces that are accessible to the public. The By-law is in effect as of 12:01am on Wednesday, July 22nd, to help prevent the spread of COVID-19 in Halton Region.

June 2020 Market Report

July 13, 2020

Oakville, ON, July 10, 2020 – According to figures released July 10 by The Oakville, Milton and District Real Estate Board (OMDREB), the number of all property sales dropped slightly in June compared to the same period in 2019. Monthly property sales went down by 67, totalling 328 compared to 395 in June 2019. The total number of new property listings saw the same this year: 598 new listings in June 2020 compared to 641 in 2019.

May 2020 Market Report

June 8, 2020

According to figures released June 5 by The Oakville, Milton and District Real Estate Board (OMDREB), the number of all property sales dropped drastically in May compared to the same period in 2019. Monthly property sales went down by 235, totalling 199 compared to 434 in May 2019. The total number of new property listings saw the same this year: 325 new listings in May 2020 compared to 777 in 2019.

In Concert With The Ontario REALTORS Care® Foundation, OMDREB Gives $9,530 To Local Charities, Hopes To Raise More During ALS Awareness Month

June 4, 2020

Through a grant provided by the Ontario REALTORS Care® Foundation, we were able to provide $3,176.66 each to the Milton Resource Centre, Food For Life, and Kerr Street Mission. Additionally, every year the President of The Oakville, Milton and District Real Estate Board chooses a charity of which to support through their term. 2020 President Richard Weima is actively supporting ALS Canada and has called upon others to raise awareness during the month of June, which marks ALS Awareness Month.