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

Sandra Semen Featured In Toronto Star!

Look Who Was Featured In The Toronto Star!

Congratulations Sandra Semen Realtor!

 

Full Article: https://www.thestar.com/life/homes/2019/08/22/619000-in-dundas-476000-in-mississauga-what-these-condos-got.html

Looking To Buy, Sell Or Rent In The Halton/Hamilton Region?
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