May 2021

OAKVILLE-BURLINGTON REAL ESTATE UPDATE

Welcome...

I hope you find this month's e-newsletter both interesting and informative.

If you are thinking of making a move, or just curious about the real estate market in the Oakville-Burlington area, please feel free to contact me. It's always my pleasure to help!

Warmest Regards,

Laura

Your Neighbourhood Realtor

Laura C. Smythe, Sales Representative

Royal LePage Realty Plus Oakville

www.lauracsmythe.ca

Oakville-Burlington Real Estate Update

Oakville-Burlington...April 2021 residential re-sale housing sales summary as reported by the Oakville, Milton and District Real Estate Board and the Realtors Association of Hamilton-Burlington...

Market watch - Demand for Homes Remains High With Record Sales in April

Despite a modest slowing in market activity in April compared to March, selling prices for all major home types remained very high. Low borrowing costs during COVID-19 clearly had an impact on the demand for and price of ownership housing. While the pace of price growth could moderate in the coming months, home prices will likely continue on the upward trend. Renewed population growth over the next year coupled with a persistent lack of new inventory will underpin home price appreciation.

Quick Ways to Build Equity in Your Home

One of the primary goals of homeownership should be the building of equity in your home. Equity is simply the difference between the current value of a property and the balance of all mortgage obligations.

How to Visually Create More Space

Many people think of adding square footage to create more space. But that doesn't have to be the case. You can make your home appear bigger without going through the hassle of renovating and remodeling. With just a few home modifications, it is possible to make more from less. And remember, often what the eye needs is the illusion of spaciousness not actually more space.

How to Select the Right Flooring for Comfort and Style

Choosing the right floor for your home is an important decision. Not only does it set the tone for the whole interior of your home, but it’s also the foundation for everything else you put in a room. Your choice should fit the look of your home and the way your family lives.

How to Buy Recreational Property as an Investment

Despite the economic downturn, many Canadians are still dreaming of owning a recreational property, both as a long-term investment and to enjoy with family and friends. Canadians are willing to make sacrifices to own a cottage, and more want to use their cottage, cabin or chalet year-round as a recreational property and, for some, as their primary residence.

Your referrals are always appreciated!

Laura C. Smythe
Sales Representative
Royal LePage Realty Plus Oakville, Brokerage
2347 Lakeshore Rd W
Oakville, ON, L6L 1H4
Email us: lsmythe@cogeco.ca
Call us : 289-888-3120

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