Looking To Buy In The Halton Region? Here’s What You Can Afford

According to TREB, there was a 25% annual increase in November this year, with 668 transactions that occurred. Meanwhile the average price from to 5.4% for the Halton region as a whole.

Wondering just how affordable the market is for median-income buyers? See below.

Burlington:

Median earners of $93,588 will find decent affordability in it’s condo sector, while townhomes & semi-detached homes would take between 5.6 years to 16.6 years to save. Detached homes would take about 31.9 years to save for.

Milton:

Median earners of $104,730 could afford a condo or townhome based on a 1.5 or 1.2 year timeline.

Oakville:

The city’s median income is around $113,666, meaning buyers could move into a condo costing $537,000 within a 1.4 year timeframe.

 

Are You Considering Buying A Home In The Halton Region? Sutton Can Help!

We Help Landlords, Tenants, Buyers And Are Here To Answer Any Questions You May Have!

Give Us A Call Today At 905-896-3333 or Visit Us Online www.SuttonRealty.com

Toronto Real Estate : Consumer Interest Shifts to New Neighbourhoods

What was Toronto’s Neighbourhood with the Largest Growth?
A neighbourhood in the pocket between Finch and Steeles Ave named Newtonbrook.
Its definitely north of the core but with the Yonge Subway line running straight through the heart of the neighbourhood, downtown communting is not a problem.
Median List price for a condo in 2018 was $545,000 up abou 9% year over year.
A detached home could be found in the median list price of 1.1 million.
To view some affording homes in the area visit us at http://www.searchtorontohomes.com/mapsearch